Oxford honour for Doha Bank CEO
Doha Bank’s chief executive officer was honoured with the title ‘Honorary Professor of the Academic Union, Oxford, UK’ during the…
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Kuwait-Turk Best Islamic Bank in Turkey
Turk won a highly distinguished and reputable prize as part of the annual prize award ceremony by Islamic Finance News …
DIFC targets new wealth products and SE Asia in global initiative
The Dubai International Financial Centre has a new strategic initiative with plans to attract more global financial services business –…
Cantor Fitzgerald Expands into Power, Energy & Infrastructure Investment Banking
Cantor Fitzgerald & Co. has announced that Kevin Phillips and Hari Chandra have joined the Firm as the Global Co-Heads…
Pakistan to launch National Savings bond in Gulf states
In a bid to attract dollar investment from millions of overseas Pakistanis, the government has sought applications for selection of…
Ambit CEO Ashok Wadhwa to buy QInvest stake in the group
Qatar-based QInvest will sell its 26% stake in Ambit Group to Ashok Wadhwa, group chief executive officer of Ambit Holdings,…
Dubai Investments forecasts 20% increase in first quarter net profit, CEO says
Dubai Investments, a diversified company in which sovereign wealth fund Investment Corporation of Dubai has an 11.54 per cent stake,…
Iran lawmakers want central banker fired amid rial chaos
Half of Iran’s lawmakers have written to President Hassan Rouhani demanding the removal of the central bank chief, accusing him…
Noor Bank Successfully Issues $500 Million Sukuk
Noor Bank, one of the UAE’s leading Shari’a compliant banks, has successfully priced its US$500 million sukuk issuance with a…
The Higher Sharia Authority held Its second meeting
The Higher Sharia Authority for financial and banking activities in the UAE held its second meeting for the year 2018…
Nasdaq Dubai welcomes SIB, Damac sukuk listings
Nasdaq Dubai welcomed the listing yesterday (April 18) of two Sukuk by UAE issuers - Sharjah Islamic Bank, one of…
Aldar, FAB sign escrow agreement for Alghadeer
Abu Dhabi-based Aldar Properties signed an escrow agreement with First Abu Dhabi Bank to enable to provide services for buyers…