Eskan Bank REIT IPO opens
The initial public offering of the Eskan Bank Realty Income Trust opened today. Subscription for the IPO will close on…
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Net Element Partners with Mashreqbank in United Arab Emirates
Net Element, Inc., a provider of global mobile payment technology solutions and value-added transactional services, today announces that Net Element…
Saudi SEDCO Capital wins best asset manager 2016 award
SEDCO Capital has once again received recognition from Global Investor/ISF MENA Awards 2016 as “Asset Manager of the Year: Saudi…
Passive Behavioral Biometric Authentication Coming To Banking App
An Israel-based bank has become the first in the world to embrace behavioral biometrics as a password replacement on mobile…
Bank of Singapore receives regulatory approval to open a branch in Dubai international financial centre
Bank of Singapore today announced that it has been granted a Category 4 licence to operate a branch in the…
Saudi Investment Bank closes 500m riyals sukuk
Saudi Investment Bank closed a 500 million riyals, $133.3 million Tier 1 sukuk sale, the bank said on Tuesday. …
6 key trends that will shape the UAE real estate industry
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up…
UAE banks would benefit from mergers
Abu Dhabi speculation quashed, but tougher market may encourage consolidation The UAE has 23 local banks and 28 foreign…
26 Qatari SMEs shortlisted for business opportunities
Twenty-six Qatari Small and Medium Enterprises have been shortlisted to tender for six business opportunities offered by Qatar Development Bank…
Sri Lanka woos Qatari investors
Sri Lanka has invited Qatari investors to seize the favourable climate for foreign investment in the country. Besides several…
Abu Dhabi Commercial Bank closes $600 million syndicated loan – statement
Abu Dhabi Commercial Bank has closed a $600 million three-year syndicated loan, Wells Fargo, the bank that coordinated the debt…
QIB Implemented Operational Risk Management System to Achieve Actionable Risk Intelligence
Qatar Islamic Bank, Qatar’s leading Islamic Bank, has implemented a state of art Operational Risk Management system provided by MetricStream,…