Ibdar reports $14.5 million loss for 2015
During the meeting, shareholders of the Bank were briefed on its 2015 results and its strategy and initiatives for 2016.…
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UAE- Shurooq promotes Sharjah's investment potential in Berlin
Promoting Sharjah's array of investment opportunities to Germany's business community was the basis of a recent visit to Berlin which…
Why expats in the UAE need to plan for the worst
If your family is left behind grieving, stranded and strapped for cash, it won’t be because you did something wrong.…
Noor Bank successfully issues US$500 million Tier 1 capital Sukuk
Noor Bank has successfully priced its debut perpetual US$ 500 million Tier 1 capital issuance. In the midst of multiple…
The 5 most valuable companies on Dubai Financial Market
Banking major Emirates NBD continues to be the most valuable company listed on Dubai Financial Market, with a market value…
CBE receives banks’ proposals to amend Banking Law
The legal department of the Central Bank of Egypt is now receiving banks’ proposals to amend Banking Law No. 88…
HMRC loses £50m Chelsea Barracks tax appeal to Qatar
HM Revenue & Customs has lost its bid to recover up to £50m in stamp duty from the sale of…
Qatar National Bank says closes syndication of 2.25 bln euro 3-yr loan
Qatar National Bank (QNB) has closed the syndication of a 2.25 billion euro ($2.50 billion), three-year loan, it said on…
Ibdar Bank board convenes, appoints chairman
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, recently concluded its Annual General Meeting (AGM) for the fiscal year…
Qatar raises US$9b in Middle East’s biggest bond sale
Qatar sold US$9 billion (RM36.83 billion) of Eurobonds, marking the biggest-ever bond issue from the Middle East where governments are…
Saudi Arabia does not intend to change exchange rate policy: central bank governor
Saudi Arabia does not intend to alter its exchange rate policy, newly appointed central bank governor Ahmed al-Kholifey told the…
Iraq gets initial accord for $3 billion Islamic Development Bank loans
The Islamic Development Bank has given its initial agreement to provide $3 billion in easy loans and grants to Iraq,…