Renaissance Capital Considers Opening New Investment Bank in Egypt
Renaissance Capital investment bank is considering the establishment of a new investment bank in Egypt by the end of 2016…
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NBF in push to bolster bottom line
National Bank of Fujairah is working on a number of new business opportunities to strengthen its books and profitability while…
MoF signs cooperation agreement with UAE Central Bank
The agreement was signed by HE Younis Haji Al Khoori, Undersecretary of MoF, HE Mohammed Ali bin Zayed Al Falasi,…
Bank Sohar appoints Sasi Kumar Acting CEO
In a statement to Muscat Securities Market on 9 June, Bank Sohar announced the appointment of Sasi Kumar, the bank’s…
Meydan Group inks AED1bn Islamic fundraising deal
Dubai real estate developer Meydan Group has raised AED1 billion ($270 million) in Islamic financing from UAE banks, it announced…
Beltone acquisition of CI Capital falls apart
Six months have passed since Beltone Financial Holding submitted a note of intent to take over 100% of Commercial International…
KHCB Launches New ATM in Saar Mall
Khaleeji Commercial Bank, one of Bahrain’s leading Islamic retail bank, announced the formal launch of their new Automatic Teller Machine,…
What will be the Uber of the banking sector?
Disruptive technology is the big buzzword in the business world right now. TripAdvisor has revolutionised the travel sector, Airbnb has…
Saudi CMA approves amended Investment Funds Regulations
The Saudi Capital Market Authority Board approved the final draft of the amended Investment Funds Regulations after the draft was…
Dubai's biggest bank stays silent over Barclays Egypt interest
Dubai's biggest bank said on Thursday that it had "no critical information" over reports that it is to bid for…
Saudis may tax the money expats send home
According to a report in the Arab News, the council's 150 members, all of whom are appointed by the king,…
Bank Muscat appoints new CEO for Kuwait branch
Bank Muscat, the flagship financial services provider in the Sultanate of Oman, has appointed Najah Al-Sulaiman as Chief Executive Officer…