UAE key to Standard Chartered’s global and regional strategy
For Standard Chartered, an international banking group with significant presence across emerging markets, the UAE is a key country in…
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Swiss private bank linked to Malaysia scandal
A former unit of US insurance giant AIG is in the crosshairs of global regulators on an international hunt for…
CMA amends Rules for QFFII in Listed Securities
The Saudi Capital Market Authority (CMA) Board approved the final draft of the amended Rules for Qualified Foreign Financial Institutions…
KFH-Turkey closes H1 2016 with a profit of 256 million TL
Kuwait Finance House- Turkey has closed the first half of 2016 with a net profit to TL 256 million with…
UK peer-to-peer lender is looking for investors from the UAE
A UK-based peer-to-peer lending platform is targeting investors in the UAE, advertising interest of up to 8 per cent at…
Abu Dhabi Islamic Bank says H1 net profit climb 33% in Egypt
Abu Dhabi Islamic Bank (ADIB) reported Thursday a 33 percent y-o-y rise in first half net profit in Egypt to…
Era of fintech arrives on UAE investment scene
Would you trust a robot with your life savings, lend money to a complete stranger, or buy a stake in…
Omani banking sector 'resilient', says Central Bank
Despite the challenges facing the economy, the banking sector remained resilient supporting economic diversification initiatives and credit needs, the Central…
Long-Time LA Garment Manufacturer Charged With Hiding Income at Israeli Banks to Avoid Paying Taxes
Masud Sarshar, known for taking an ordinary workwear brand and converting it into a colorful array of pants called Dickies…
Saudi Arabia takes second chance to attract foreign capital
After a disappointing response to the opening up of market since June last year, Saudi Arabia, the biggest regional equity…
Show me the money: Lebanon addresses bank transfer delay problems
A vice governor of Lebanon’s Central Bank acknowledged Tuesday that some Lebanese expats are complaining about delays in transferring funds…
Bahrain's Investcorp eyes new global investments in 2017
Bahrain-based Investcorp is aiming to make one to two new investments in the next year in each of its regions…