Emirates Islamic ‘fastest growing bank in UAE’
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been named the Fastest Growing Bank –…
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Mashreq announces new Head of its Asset Management business
UAE’s leading financial institution, Mashreq announced that Abdul Kadir Hussain, Head of its Asset Management unit and CEO of Mashreq…
Omani Merger Deal Set to Create Nation’s Second Biggest Bank
Oman’s Bank Sohar reached an agreement with Bank Dhofar on the terms of a proposed merger that would create a…
AAOIFI, UAE's SCA sign cooperation agreement
In an official visit to the United Arab Emirates, the Accounting and Auditing Organization for Islamic Financial Institutions has inked…
BNP Paribas Securities names new UK, Middle East, South Africa head
BNP Paribas Securities Services, a unit of BNP Paribas Group, has appointed Patrick Hayes head of UK, Middle East and…
Bourse bolsters Qatar’s investment appeal
CEO of one of the world’s most highly respected bourses in the world, Rashid bin Ali Al-Mansoori discusses the confidence…
How Gulf SWFs have thrown funding lifeline to tech ventures
A succession of funding deals by deep-pocketed sovereign wealth funds have thrown a life preserver to some of the world’s…
Expat income tax just a ‘proposal’ – Saudi finance minister
The introduction of income tax for foreign residents as part of Saudi Arabia’s National Transformation Plan is just a proposal…
Dubai Group to Sell Shuaa Stake to Abu Dhabi Financial Group
Dubai-based investment bank Shuaa Capital PSC said its biggest shareholder agreed to sell its stake to Abu Dhabi Financial Group…
Zyfin Launches World's First Turkish Sovereign Laddered Bond ETF
ZyFin Holdings has announced the listing of the world’s first dedicated Turkish sovereign laddered bond fund, the LAM Alternatif ZyFin…
Update on Bank Dhofar/Bank Sohar merger plans
As per the agreement, in the event of merger being concluded, every one share of Bank Dhofar will be exchanged…
CBQ’s $750m dollar bond priced lower as demand outstrips supply
Commercial Bank of Qatar the country’s third-largest bank by assets, has priced its five-year US denominated bond of $750 million…