Participatory Finance: Bank Al Tamweel wa Al Inma to Launch Activities by September 2017
Bank Al Tamweel wa Al Inma, the participatory bank and joint venture between BMCE Bank of Africa and the Bahraini…
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Oman Arab Bank unveils unified digital banking platform
In an unprecedented move, Oman Arab Bank on Tuesday launched a new unified digital banking platform with an all-new simplified…
Moody’s puts Qatar’s banks on negative watch amid regional dispute
Qatar’s dispute with its Gulf neighbors has hit the country’s banking sector as rating agency Moody’s Investors Service changes its…
Billionaire Saudi prince to invest US$800 million in Egypt hotels
Saudi Arabia’s Prince Alwaleed bin Talal, chairman and founder of Saudi-listed Kingdom Holding Company, plans to invest about US $800…
HSBC plans Saudi growth thanks to kingdom's "unprecedented" transformation
HSBC is planning to add staff to its Saudi Arabian operations as the kingdom embarks on one of the biggest…
TFI completes acquisition of German firm
The First Investor, a subsidiary of Barwa Bank Group and the leading Qatari closed shareholding investment banking firm, announced the…
Australian firms to explore opportunities in Qatar
Several senior business executives in Australia have expressed their keen interest to explore business and investment opportunities in Qatar at…
Al Masraf to swap ITS's Ethix for Temenos' T24 core banking system
Temenos has confirmed that Arab Bank for Investment & Foreign Trade (Al Masraf) has selected its UniversalSuite, a front-to-back solution…
DFSA slaps former Deutsche Bank employee with fine for misleading DIFC authorities
The Dubai Financial Services Authority (DFSA) has recently taken enforcement action against Chetan Parmar, a former employee of Deutsche Bank…
Public offerings and listing made easier in Turkey – Esin Attorney Partnership
Recent Development On July 31, 2017, Borsa İstanbul A.Ş. ("Borsa Istanbul") amended its Borsa Istanbul Listing Directive (the "Directive"),…
Bahrain mandates five banks for international bond issue- sources
Bahrain's government has hired banks for a planned U.S. dollar-denominated bond issue, sources familiar with the matter said on Tuesday. …
Emirates Investment Q2 profit up 12.4pc
UAE-based Emirates Investment Bank has posted a net profit of Dh8.86 million ($2.41 million) for second quarter (Q2) of the…