Noor Bank lists $500m sukuk on Nasdaq Dubai
Hussain Al Qemzi, CEO of Noor Bank, rang the market-opening bell on Wednesday to celebrate the listing of Noor Bank's…
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Kuwait open to coordinating with Saudi Arabia on competing bonds
Kuwait is open to liaising with neighbouring Saudi Arabia on its planned debt sale as the two Opec nations prepare…
Tunisia: ABC Bank expands its branch network in Tunisia
ABC Bank Tunisia, a subsidiary of the Bahrain-based ABC Bank Group continues to expand its branch network is expected to…
Dhabi Global Market signs agreement with Shanghai free zone
Abu Dhabi Global Market, the UAE capital’s financial free zone, has signed a deal with the Shanghai authorities to encourage…
Turkish Capital Markets Board decreases fees for equity and debt issuances
Recent development The Turkish Capital Markets Board (the "CMB") has decided to implement a 50% discount on fees charged…
Whistlebrook to provide Qatar Islamic Bank UK with regulatory reporting software
Qatar Islamic Bank UK has chosen Whistlebrook’s WIRES regulatory reporting system to replace its existing one. Ludwig Krause, interim…
Qatar Re announces senior appointments
These appointments further strengthen Qatar Re’s risk and corporate governance and oversight while also enhancing its internal systems, processes and…
GIB Capital appoints new CEO
Mr. Shaker comes with substantial banking experience in both international and domestic financial institutions within the Kingdom of Saudi Arabia. …
Banque Saudi Fransi posts 3.2 pct rise in Q2 profit
Banque Saudi Fransi, a lender part-owned by Credit Agricole, posted a 3.2 percent rise in its second-quarter net profit on…
The world’s 10 biggest sovereign wealth funds
In the midst of collapsing oil prices, oil-funded sovereign wealth funds are under pressure to liquidate assets, according to political…
Housing allowances in the UAE up roughly 4% in 2016
Companies in the United Arab Emirates have increased allowance and benefits allocations this year, although the growth is slower than…
NBO offers tap at 23bp NIP
Books for the increase are over $300m, including joint lead manager interest. Crédit Agricole and National Bank of Abu Dhabi…