Law on commercial registry to be amended
The weekly Cabinet meeting, chaired by HE the Prime Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani, yesterday ordered that…
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Nomura hires former BNP Paribas trader for senior FX role
Japanese investment bank Nomura has hired a former senior trader at French lender BNP Paribas to head currencies trading in…
Mashreq applies for Saudi banking licence
Within the Saudi 2030 vision, Mashreq sees opportunities in consumer and corporate banking, reported Reuters. This follows moves by…
Qatar remains conducive to new businesses despite siege, says QDB official
Qatar continues to thrive as a favourable environment for new businesses, including micro, small and medium-sized enterprises (SMEs) and start-ups,…
QIB wins The Banker’s ‘Islamic Bank of the Year — Qatar’ award for 6th consecutive year
Qatar Islamic Bank has received the ‘Islamic Bank of the Year – Qatar’ award by The Banker for the year…
Kuwaiti creditor refuses Abraaj deal, may prompt provisional liquidation: sources
A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity…
Emirates NBD Asset Management and ENBD REIT Re-Appoint Instinctif Partners Middle East
Leading international business communications consultancy, Instinctif Partners, has been reappointed by Middle East asset manager Emirates NBD Asset Management, the…
Gateway mulls Saudi, UAE, Egypt deals for $757M fund
Gateway Partners Ltd., the private equity company led by former Standard Chartered PLC banker Viswanathan Shankar, plans to fully invest…
Alizz Islamic Bank Promotes Omanis to Senior Positions
Alizz Islamic Bank has announced the promotions of several of its employees to senior management positions. Chief operating officer,…
Abu Dhabi and Hong Kong further fintech collaboration
The Hong Kong Securities and Futures Commission and Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, have…
Abu Dhabi fund named world's biggest real estate investor
Abu Dhabi Investment Authority has been named the world's biggest real estate investor with assets exceeding $62 billion. The…
Franklin Templeton boosts holdings of Gulf bonds, Islamic securities
Franklin Templeton Investments is taking advantage of bouts of volatility in emerging markets to add to holdings of Gulf bonds…