GFH repays and fully settles $300m syndicated facility
GFH Financial Group, the Bahrain-based financial group, announced that it has paid the entire amount of its $300 million syndicated…
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QInvest and Maceen Capital sign strategic agreement
Qatar’s leading investment bank, and Maceen Capital, a Saudi joint stock investment company, signed a strategic distribution agreement to work…
Barclays named 'Wealth Manager of the Year' in the Middle East
For the third consecutive year, Global Investor, the leading international publication specialising in asset management, has named Barclays the ‘Wealth…
Space offers 'huge opportunites for investors'
Angel investors, including a growing number from the Gulf, are now helping to finance space-related entrepreneurial projects enabling individuals to…
Saudi Arabia Said to Consider Sale of Islamic Bonds Next Quarter
Saudi Arabia has met with banks to discuss the potential sale of shariah-compliant bonds in the first quarter to help…
Mideast Debt-Sukuk issuance to rebound in 2017 but investors may shun long en
After slumping in 2016, issuance of Islamic bonds from the Middle East looks likely to rebound next year as Gulf…
NMS Capital Advisors Expands Global Presence and New Hires
NMS Capital Advisors, LLC, is pleased to announce the expansion of its global presence with the opening of a representative…
Commerzbank joins peers in paring back services to Gulf
Commerzbank has told customers in the Gulf it will no longer process their transactions in euros, four Gulf banking sources…
Kuwait’s central bank fine-tunes governance of Islamic banks
Kuwait’s central bank has issued new governance rules for Islamic banks, including requirements for external sharia audits, as regulators seek…
UAE banks needs unified approach to common problems
Banking, like practically all other industries has been a largely laissez faire business in the UAE. Banks have been…
Kuwaitiʼs $107M loan for Panasonic purchase
KFH Capital Investment Company secured a $107.3 million loan for its purchase of the former Panasonic headquarters in Newark. …
Noor Al-Iraq Islamic Bank goes live on ICS BANKS® ISLAMIC from ICS Financial Systems
ICS Financial Systems Limited, the global software and services provider for banks and financial institutions, Today announced a successful…