Dubai mortgage lender Amlak renegotiates part of 2014 debt deal
Dubai's Amlak Finance said on Tuesday that it had renegotiated parts of a debt restructuring which the Islamic mortgage provider…
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Oman Orix raises $25m from regional banks
Oman Orix Leasing Company, one of the leading Non-Banking Finance Companies in Oman, has successfully raised $25 million bilateral term…
KPMG reports 10.7 per cent growth in the Middle East and South Asia
This has been an encouraging year for KPMG in the MESA region and in the UAE and Oman in particular. …
Banque Misr signs agreements worth $1 billion with Chinese groups
Deputy Chairman of Banque Misr Akef al-Maghraby signed a framework agreement worth $500 million with the China Export & Credit…
Dubai-based Abraaj Group in advanced talks to acquire Medall Healthcare
Dubai-based buyout fund Abraaj Group is in advanced discussions to acquire a controlling stake in south India’s leading diagnostics services…
New digital bank coming to Middle East
Bank Clearly, a new mobile bank, is being set up in the UAE. Clearly will offer account opening “in seconds,…
Oman Arab Bank signs strategic partnership with Visa
Oman Arab Bank has joined hands with Visa, the global payments technology company, in a strategic partnership agreement that will…
Qatar ability to meet external debt obligations not in doubt: EIU
Qatar's ability to meet its external debt obligations is “not in doubt” as large stocks of foreign reserves at the…
Oman seeks banks' proposals for dual-tenor international bond issue -sources
The government of Oman has approached banks for an international bond issue with tranches of five and 10 years as…
EFG Hermes expands frontier markets division
EFG Hermes, the Middle East and North Africa region’s financial services corporation, plans to expand its frontier markets drive. …
UAE hiring drops 35% but 2017 outlook positive
The availability of new jobs across all industries in the UAE remained scarce in November, but the outlook for career…
Central Bank of Kuwait issue new Shari'ah governance guidelines
His Excellency, the Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al Hashel announced that the CBK Board…