Waha Capital Q1 profit drops 3.5 pct on higher costs
Waha Capital has reported a net profit of AED 175.8 million for the first quarter of 2016. Portfolio companies AerCap…
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Adgm and UAE central bank in partnership against money laundering and terrorism financing
Abu Dhabi Global Market has signed a memorandum of understanding with the UAE’s Central Bank intended to boost cooperation on…
Emirates NBD introduces new banking app
Dubai-based bank Emirates NBD has launched a new tablet banking app for its workers that aims to reduce the waiting…
UAE indices fall as bank results continue to weigh
UAE indices fell on Monday weighed by weaker than expected banking results, and analysts expect the trend to continue. …
Jersey trade relations: from a tax haven to taxonomy
As with any offshore financial centre, secrecy has been synonymous with the Channel Islands of Jersey. But the reason for…
Sura Mexico launches new wealth service for HNW clients
Sura Asset Management's Mexican arm has launched a new wealth management service called 'Alto Patrimonio Plus' to allow high net…
Qatar National Bank insists customers safe despite breach
One of the Middle East’s leading banks has acknowledged a data breach that last week exposed the personal data of…
Cma Oman's sukuk regulation aims to provide transparency
Capital Market Authority of Oman recently issued new sukuk regulations that aim to provide clarity and transparency to market players,…
Fisch Asset Management says Middle East bond market on same path as Latin America
The Zurich-based Asset Manager believes that new issuances will offer diversity and improve liquidity in the region, leading to a…
DIB launches UAE Sharia Departments Forum 2016
Dubai Islamic Bank has launched the first UAE Sharia Departments Forum 2016 to create a platform where the Sharia departments…
Global Growth to Influence Wealth Fund Withdrawals, ADS Says
Global economic growth will determine whether sovereign wealth funds withdraw further funds from global markets, according to ADS Holding LLC…
Abu Dhabi National Takaful Co. announces net profit increase of 18 per cent for Q1 2016
Abu Dhabi National Takaful Co. PSC announced its financial results for the year ended 31 December 2015. The company's…