Turkey Tweaks Government Financial Support Scheme for Technological Products
Turkey has amended the scope and procedure of a government investment support scheme for technological products. Notably, support for…
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Guy Hands' Terra Firma sells aircraft leasing investment to Dubai-based rival
Private equity baron Guy Hands has sold an aircraft leasing business his hedge fund Terra Firma has co-owned for more…
Firm sees big growth for financial services in UAE
The UAE continues to be a buoyant and lucrative market for financial services firms, said the head of the Dubai…
If Saudi Future's So Bright, Why Can't These Banks Find Buyers?
Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according…
Trophy assets lose lustre as Qatar embraces prudence and ETFs
Qatar, owner of London landmarks the Shard and Harrods, is moving cash into exchange traded funds and index funds as…
Al Khaliji France moves to new core banking system, Temenos’ T24
Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform,…
Funding expected to weaken, but liquidity to remain sound
Customer deposits which is a major cost effective funding source of Gulf Cooperation Council Islamic banks have been weakening during…
Bahrain's Bin Faqeeh joins TLN Qatar
Bin Faqeeh Company, which operates in the Kingdom of Bahrain in real-state related investments, announced that it has officially joined…
Banque Misr to sign $500m loan agreement with China Development Bank
Banque Misr will sign a $500m loan agreement with the Chinese Development Bank, with a term of eight years. …
Israel has substantial growth potential
UBS regional wealth management head Hendrik Geldenhuys says Israel is a great market for its wealthy clients. “The Israeli…
Is Islamic finance ready for disruption?
Disruptive financial technologies represent the foundations of tomorrow on the platform of today. All we need to do is…
GCC Islamic banks’ growth expected to moderate in 2017-18
The economic slowdown experienced by the GCC countries following the oil price decline and consequent fiscal tightening will continue to…