Gulf Bank obtains investment licenses from CMA, Kuwait
Gulf Bank is proud to announce that it is the first Bank to officially obtain investment licenses from the Capital…
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Kuwait's NBK, KAMCO invited to participate in Kuwaiti sovereign bond issue
National Bank of Kuwait, the Gulf Arab state's largest commercial lender, and investment firm KAMCO said they had been invited…
Financial Policy Coordination Council holds third meeting
The Ministry of Finance organised the third and final meeting of the Government Financial Policy Coordination Council for 2016. …
Global events weigh on Dubai property market sentiment
The UAE property market is heavily reliant on expatriate and international buyers and is, therefore, vulnerable to international economic dips. …
Alinma partners to renew their cards thru ATMs
Alinma Bank announced the launch of Alinma “MADA” Card and “Purchase Credit Card” replacement and renewal service, as well as…
The UAE's retail banking industry has witnessed several interesting developments this year.
The slowdown in oil prices has impacted every aspect of the financial services sector, but the UAE's diversified economy and…
Ashurst acts on advising for major Jordan wind farm
Ashurst advised the lenders on the successful closing of the Fujeij wind farm project in Jordan, which reached financial close…
Emirates Islamic fosters innovation in Islamic Finance
The bank recently organised an ‘Innovation Day’ where various internal teams shared and showcased their innovations with working prototypes, to…
Meydan Group secures Dh1b financing from Adib
The master-developer Meydan Group has secured a Dh1 billion financing from Abu Dhabi Islamic Bank that would go to part-finance…
EDB approves $204m Emirati housing loans
The Emirates Development Bank has approved an estimated budget of Dh750 million, $204 million for 2017 to finance housing loans…
Individuals can get maximum SR3,215 in new banknotes, coins
The Saudi Arabian Monetary Authority has started distributing new Saudi currency banknotes and coins at its main branch in Jeddah.…
Ahlibank opens branch at Crowne Plaza Doha
Ahlibank has relocated its Al Mansoura branch to new premises at Crowne Plaza Doha – The Business Park, on Airport…