Ex-KWM partners asked to cough up money for lawyers and support staff suffering undue hardship
Former partners from now defunct law firm King & Wood Mallesons have been asked to contribute towards a hardship fund…
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Sapient FinTech specialist joins Qatar Bank
A former director at Sapient Global Markets has departed to join Qatar National Bank as its chief innovation officer, according…
Al Baraka Banking Group Achieve US$ 152 million Net Income Attributable to Equity Holders of the Parent in 2016
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it achieved a noticeable increase in…
Bahrain taps 2028 dollar bond
The Kingdom of Bahrain announced on Tuesday a tap of up to $600 million, Dh2.2 billion of its existing 144…
Ahli United Bank BSC net profit surges by 6.2% to $570.6 million
Ahli United Bank BSC reported a net profit attributable to its equity shareholders of $570.6 million for the year 2016,…
Abu Dhabi financial law underscores transparency
A new law in Abu Dhabi is intended to ensure transparency and accountability in all of the city’s government work…
Nasdaq and Borse Dubai Sign Landmark Market Technology Deal
Nasdaq, Inc. and Borse Dubai today announced a new landmark agreement to bolster the technological infrastructure of Dubai's stock exchanges,…
Saudi Arabia issues request for proposals for international sukuk – sources
Saudi Arabia has sent a request for proposals to banks for a planned U.S. dollar sukuk, or Islamic bond, two…
Qatar Islamic Bank gets nod to raise AT1 Capital Sukuk limit
Qatar Islamic Bank’s ordinary general assembly has given approval to increase the limit of the perpetual Sukuk from QR5bn to…
QIB names board members for 2017-19
QIB annual general meeting has selected the following board members for the period 2017-2019, after the withdrawal of two board…
Oman set to announce dollar bond issue this week
The government of Oman is expected to announce the launch of a new U.S. dollar bond issue this week as…
Kuwait Investment Authority replaces chief
The Kuwait Investment Authority is replacing its long-standing managing director Bader Al-Saad with the sovereign wealth fund's head of alternative…