How many millionaires will live in UAE by 2025?
The UAE is becoming increasingly popular as a haven for the rich, with thousands of millionaires moving into the country…
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Bahrain Bourse lists 10 treasury bill issues and Ijarah Sukuk worth BHD 741 million
With the listing of those issues, the total number of Treasury Bills and Short-Term Islamic Lease Sukuk listed at Bahrain…
Al Baraka Islamic Bank’s ratings affirmed with a ‘stable’ outlook
The rating is supported by AIB’s strong ownership, comfortable liquidity arising from customer deposit funding, and improvements in the capital…
Nasdaq Dubai welcomes listing of a 400 million USD bond by Industrial and Commercial Bank of China
Nasdaq Dubai welcomed the listing today of a 400 million US dollar conventional bond by the Industrial and Commercial Bank…
Dubai group pays $2.4 billion for control of Kuwait's Americana
An investment group led by prominent Dubai businessman Mohamed Alabbar has agreed to buy a majority stake in Kuwait Food…
Abu Dhabi’s NBAD, FGB in Talks to Form Top Middle East Bank
National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC said they’re in talks to merge in a deal…
Clifford Chance advises on sale of Americana, the largest M&A deal in the Middle East in 2016
Clifford Chance is advising Al Khair National for Stocks and Real Estate (Al Kharafi family) on the sale of its…
Morgan Lewis Advises NBK Capital Partners in the Establishment of NBK Capital Partners Mezzanine Fund II
Global law firm Morgan Lewis today announced that it has advised NBK Capital Partners, the alternative investment management arm of…
Turkey's Banking Regulation and Supervision Agency BRSA" officially an Institutional Member of AAOIFI
In view of the important role of the Republic of Turkey in the global Islamic finance industry as well as…
Israeli regulator approves Pinto as CEO of Bank Hapoalim
Israel's banking regulator has approved the appointment of Arik Pinto as the new chief executive officer of Bank Hapoalim, the…
UAE and Saudi to remain key regional markets for wealth management
The UAE and Saudi Arabia will be the key growth markets for HSBC Private Wealth in the region with prime…
Region’s private wealth grows despite oil woes
The region’s private banking business continues to grow despite a decline in oil prices and geopolitical issues, thanks to the…