Kuwait's Boubyan Bank lists USD 250 mln sukuk on Nasdaq Dubai
Kuwait based Boubyan Bank has listed its first sukuk issuance, valued at USD 250 million, on Nasdaq Dubai. Boubyan…
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Dubai bank Emirates NBD in Dhs 500m digital push
Dubai’s biggest bank Emirates NBD announced on Wednesday that it will invest Dhs 500m over the next three years into…
Mid East Dept-Obstacles could derail Middle East bond train
The Middle East has had a triumphant quarter, with US$21bn of debt placed since April 1, but the market is…
Saudi wealth fund takes $3.5bn Uber stake
Saudi Arabia’s sovereign wealth fund is investing $3.5bn in Uber, marking the largest single investment ever made in a private…
Turkey Raising $1 Billion in First Dollar Sukuk Since 2014
Turkey is ending a 18-month absence from the Islamic finance market with a $1 billion dollar-denominated sukuk, its first since…
New Islamic Bank to open in the Palestinian territories
A new Islamic bank will open in the Palestinian territories later this year, and it began selling shares to the…
Uber attracts $3.5bn from Saudi Public Investment Fund
The taxi service app Uber has attracted a $3.5bn (£2.43bn) investment from Saudi Arabia's Public Investment Fund. The money…
Saudi eyes $15bn of bond sales in 2016, post-Ramadan issue
Saudi Arabia is considering the sale of as much as $15bn of bonds this year, including a $10bn issue that…
Islamic finance more than those headline numbers
A decade ago when I started covering this region full time for CNN, the discussion was all about the wealth…
Expats Population Forming 75.6% of total HNW population in the UAE
Ken Research has announced its latest publication on, ‘Wealth in the UAE: HNW Investors’, which offers a detailed analysis of…
Abu Dhabi's ADFG, Al Mal Capital and Arqaam among Shuaa Capital bidders -sources
Abu Dhabi Financial Group, Al Mal Capital and Arqaam Capital are among the bidders for Dubai Group's 48.4 percent stake…
Oman's Bank Sohar says acting CEO has resigned for personal reasons
The acting chief executive of Oman's Bank Sohar has resigned for personal reasons, the lender said in a bourse statement…