UAE hub for super-rich NRIs
The UAE, a sought after destination for the world's high net worth individuals, is now ranked as the most favourite…
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Is the Federal Reserve Relevant? by Gary Dugan
The Fed appears at the limits of what it can achieve with its current monetary framework If markets want new…
Middle East banker urges region's banks to prepare for robotic automation
Robotic process automation and business analytics offer an opportunity to reinvent banking and improve customer service levels in the Middle…
Kuwait wealth fund assets grew over 34% in 5 years
Assets managed by Kuwait Investment Authority (KIA), one of the world’s biggest sovereign wealth funds, have grown more than 34…
Creditors tell High Court that Dana Gas sukuk get-out is "absurd"
A claim by Dana Gas that it does not have to pay back its Islamic bonds because they are no…
Philippines woos Qatari firms to invest in agro-industrial zones
The Philippines is inviting foreign investors including Qatari companies to invest in nearly six million hectares of lands available as…
Amazon Expansion In Middle East Threatens Alphabet, Microsoft
In a race against Microsoft, Alphabet and others for global dominance in cloud-computing services, Amazon on Monday said it will…
Winner of inaugural IFN Law Award for FinTech
Islamic Finance News has announced that international law firm Simmons & Simmons has been awarded the 2017 IFN Law Award…
Mashreq Bank Accelerates Branch Automation Journey With Diebold Nixdorf Technology and Software
Mashreq Bank, one of the first banks in the Middle East and a leading financial institution in the UAE, has…
The $101 Million syndicated Murabahah financing facility for Bahrain Islamic Bank closed
Bahrain Islamic Bank B.S.C. has successfully closed a debut $101 million one-year Syndicated Murabahah Financing Facility. The Facility, which…
UAE central bank withdrawal of excess cash from banking system signals recovery, analysts say
The UAE Central Bank reduced banking sector liquidity for a second consecutive month in August, a move analysts believe signifies…
SaudNew round of GCC bank mergers in the offing
GCC's banking sector is expected to see a new round of mergers and acquisitions in the wake of the latest…