Six UAE and global business stories to keep an eye on this year
A chance to take a breath mid-way through 2016 and it feels like it has been an unprecedented six months. …
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UAE’s United Arab Bank ‘inks $150m 2-year loan’
United Arab Bank, a United Arab Emirates-based lender, has secured a $150 million (Dh551 million) loan of two years duration,…
HSBC commercial banking appoints new regional head for APAC
HSBC Commercial Banking on July 6 announced two internal leadership appointments, with Stuart Tait being named regional head of commercial…
News from around the EMEA region, July 7.
Hotel industry and travel news from around the Europe, Middle East & African region: Impact of BREXIT on the European…
New Islamic bank to set up shop in West Bank, Gaza
The market share of Islamic banks in Palestine is remarkably low, no more than 11% in 2015. There are only…
Qatari Banks' Rising Foreign Liabilities Not An 'Immediate Concern', Says EIU
Rapidly rising foreign liabilities of commercial banks in Qatar will not be an “immediate concern” as those can be “easily…
Saudi Arabia Contemplates Largest Sovereign Wealth Fund
While Saudi Arabia continues its dominance over world oil pricing, the nation's 30-year old Crown Prince Mohammed Bin Salman, is…
Gulf Coast Community Board Officers Elected
Gulf Coast Community Foundation’s Board of Directors elected Jay McHargue as chair and Judy Cahn as vice chair for a…
Burgan Bank picks five for bond
HSBC, Emirates NBD, National Bank of Abu Dhabi, Standard Chartered Bank and Société Générale will manage the deal, according to…
Qatari banks' rising foreign liabilities not an 'immediate concern', says EIU
Rapidly rising foreign liabilities of commercial banks in Qatar will not be an “immediate concern” as those can be “easily…
Paladion partners with Noor Bank for ISO certifications
Paladion, a specialized information risk-management provider, announced that the company has partnered Noor Bank, A leading Shariah-compliant bank in…
UAE, Russia, Egypt agree details of $500m investment fund
The first phase of a Russian-Egyptian-UAE investment fund will be seeded with $500 million following an agreement between the parties,…