Dubai Chamber opens first trade office in China
The first Dubai Chamber of Commerce trade office in China was opened on Saturday in Shanghai. As part of…
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Dubai Gold and Commodities Exchange (DGCX) opens vital trading link to Chinese bullion
The Dubai Gold and Commodities Exchange (DGCX) announced on Saturday it has obtained a license from the Shanghai Gold Exchange…
Al Hilal Bank appoints CFO
Abu Dhabi government owned Al Hilal Bank said on Sunday it had appointed Craig Bell as chief financial officer. …
Abu Dhabi Global Market Named as "Financial Centre of the Year"
Abu Dhabi Global Market, ADGM, the International Financial Centre in Abu Dhabi, has been named "Financial Centre of the Year…
Turkey aims to triple market share of Islamic finance
Turkey is committed to tripling the market share of Islamic finance, bringing it up to 15 percent by 2023, Deputy…
Middle East M&A gains momentum
According to the report, deal value was highly influenced by the largest transaction in the region so far this year.…
Lebanon central bank satisfied with FX reserves after operations to boost them
Lebanon's central bank chief said he was satisfied with the country's foreign currency reserves, which have been boosted to record…
UAE’s potential to become global sukuk leader
When Dubai set an ambitious target in 2013 to become the hub of global Islamic economy little did the industry…
Paradigm shift in Emiratisation in banking and insurance sectors
Throughout the past few decades, the banking and insurance sectors have played a pivotal role in the United Arab Emirates’…
Israel’s Largest Bank to Cut 12% of Jobs
Bank Hapoalim Ltd., Israel’s largest bank, approved a plan to cut 12 percent of the workforce, answering the call of…
CBL Governor wins Arab Bankers Association’s Distinguished Service Awards
The London based Arab Bankers Association has given its annual award for ‘Distinguished Service to Arab Banking’ to Saddek Omar…
Swiss wealth manager opens in Dubai
Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and institutions with emerging market opportunities across the…