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FinTech

IBM launches blockchain trade finance initiative with Dubai government and business partners

February 7, 2017

IBM has launched a trade finance blockchain initiative with Dubai government agencies, Dubai Customs and Dubai Trade , plus enterprise…

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Comment & Analysis

Gulf Bank holds exclusive “Innovation and Strategy” workshop for senior management

February 7, 2017

In order to maximize its banking services, Gulf Bank kick started 2017 with an exclusive workshop on “Innovation and Strategy”…

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Comment & Analysis

Dubai International Financial Centre joins the 12th annual World Takaful Conference

February 7, 2017

The Conference will be held under the theme of “Stability, Authenticity & Technological Transformation”, and will build on its long…

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Comment & Analysis

UAE bank NBAD aims to double size of debt programme to $15 bln

February 7, 2017

National Bank of Abu Dhabi said on Tuesday it will seek shareholder approval to double the size of its euro…

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Hedge Funds & Alternative Investments

South Korea in CPEC

February 7, 2017

The China-Pakistan Economic Corridor offers huge business and investment opportunities to all countries and global institutions.   Since the project…

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FinTech

Middle East-based Emirates NBD launches mobile app-based bank

February 7, 2017

UAE bank’s new account is based on a smartphone app that is designed to learn and adopt to customer preferences…

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Hedge Funds & Alternative Investments

White & Case advises Investment Corporation of Dubai on $1 billion issuance of Trust Certificates

February 7, 2017

The trust certificates, which were issued in a single tranche maturing in 2027, were offered pursuant to Regulation S and…

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Comment & Analysis

Turkey moves billions in state assets to wealth fund for megaprojects

February 7, 2017

The Turkish government has ordered the transfer of billions of dollars in state assets to a sovereign wealth fund, in…

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Comment & Analysis

Kuwait’s Equate set to issue $750 million seven-year sukuk

February 7, 2017

Kuwait’s Equate Petrochemical will issue a $750 million, seven-year sukuk early next week, company representatives told investors on Sunday during…

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Islamic Finance

GCC VAT a test for Islamic Finance

February 7, 2017

The plan to introduce Value Added Tax in Gulf Cooperation Council  member states could be a key test for the…

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Comment & Analysis

UAE reminds Pakistan of changed realities

February 7, 2017

The United Arab Emirates, historically close to all South Asian countries, is the latest among many traditional friends that is…

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Executive Moves

Ahead of merger, UAE banks NBAD, FGB finalise second-tier management

February 7, 2017

National Bank of Abu Dhabi and First Gulf Bank  have picked the second level management team for the combined entity…

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