Europe’s financial new regulatory environment: Is the Middle East ready?
MiFID II, the Markets in Financial Instruments Directive, comes into effect in January 2018, and while European sell side and…
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Commercial Bank eyes increased Qatar-Turkey trade opportunities
Commercial Bank is well-poised to capitalise on the growing investment and trade flows between Qatar and Turkey, chief executive officer…
UAE’s efforts to diversify economy recognized on a global level: paper
Confidence in the UAE economy, combined with the country’s commitment to technology, will only continue to build upon the UAE’s…
QIB-UK finances buy-to-live property deals in London
QIB-UK, a wholly-owned subsidiary of the QIB Group, has received official licensing to directly provide Shariah-compliant Murabaha Facilities for London…
Saudi Arabia’s sukuk gets Fitch rating of ‘A+’
Saudi Arabia’s US dollar-denominated sukuk has received a final rating of “A+” with a stable outlook from Fitch Ratings. …
Foreign assets at Central Bank of Oman grow 12.4%
The gross foreign assets of the Central Bank of Oman and private sector deposits at commercial banks grew by 12.4…
The United Arab Emirates become the 109th jurisdiction to join the most powerful multilateral treaty against offshore tax evasion and avoidance
The OECD Headquarters in Paris, His Excellency Muadid Hareb Mughair Al-Khaili, Ambassador of the United Arab Emirates to France, signed…
10 UAE banks report assets of over $475bn in Q1
The total assets of 10 UAE banks jumped to Dh1.75 trillion ($476 billion) by the end of Q1 2017, a…
NBAD, First Gulf profit surges 12.4pc in Q1
The National Bank of Abu Dhabi and First Gulf Bank reported Dh2.93 billion $797 million in net profits for the…
UniCredit says Aabar is only investor with more than 5 pct
UniCredit Chairman Giuseppe Vita tells annual general meeting: Abu Dhabi's investment fund Aabar has 5.038 percent stake, no other…
Bahrain’s Bank ABC closes AlbarakaTurk deal with another two inpipeline
The loan to Albaraka Türk, signed last Thursday, was oversubscribed with 12 banks joining from the across the EMEA region,…
Top 100 MENA start-ups raise over $1.4bn in funding
The top 100 start-ups in the Middle East and North Africa together have raised over $1.42 billion in funding and…