UAE sovereign wealth funds hiring in-house to cut costs
Sovereign wealth funds in the UAE are increasing in-house recruitment and consolidating their holdings under larger private equity players to…
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US Reveals How Much Treasury Debt Saudi Arabia Owns
Foreign holdings of U.S. Treasury securities rose in March, with the Treasury Department revealing for the first time in four…
Qatari Wealth Fund to Create $100 Billion Unit in Overhaul
Qatar’s sovereign wealth fund is undergoing its biggest overhaul since 2014, grouping $100 billion of investments in local companies into…
The 1st China-UAE Conference on Islamic Banking & Finance’ to tap synergies between Islamic economies of both countries to drive in mutual growth
In line with Dubai 'Capital of Islamic Economy' Initiative, and as the first of its kind endeavor on the Asian…
Gulf Reforms To Boost M&A, Private Equity Deals
Massive economic reforms targeted at economic diversification and the increased participation of the private sector across the Gulf region are…
Middle East merger activity to continue despite low oil prices – EY
Low oil prices are having little impact on the volume of Middle East and North Africa merger and acquisition activity,…
Israeli Forex Head: Only a Few Firms Might Remain in the Market
The Israeli online trading industry is having a very hard time recently due to the harsh actions of the local…
National Bank of Fujairah consistently voted best corporate and commercial bank in the UAE at the Banker Middle East Industry Awards
National Bank of Fujairah PJSC announced today that it has won the “Best Corporate Bank UAE” and “Best Commercial Bank…
National Bank of Egypt sells $169 mln worth of special certificates
National Bank of Egypt, the country's largest state bank, sold 1.5 billion Egyptian pounds ($169 million) worth of special certificates…
Kuwait's Gulf Bank Q1 net profit slips 10 pct as bad loans weigh
Gulf Bank , Kuwait's fourth-largest lender by assets, reported a 10 percent fall in first-quarter net profit on Monday, as…
al khaliji earns three acclaimed titles from "Banker Middle East" for 2016
Al Khaliji Commercial Bank P.Q.S.C., Qatar's next generation bank, has earned three prestigious titles at the 'Banker Middle East…
IDB Group and World Bank Group Produce Global Report on Islamic Finance
The Islamic Development Bank (IDB) Group and the World Bank Group have jointly produced a global report on Islamic finance.…