Wooing The Wealthy
Saudi Arabia’s Prince Alwaleed bin Talal was the sole entry from the cash-rich Gulf in the recently revealed Forbes 2016…
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Abu Dhabi's IPIC Talking To Banks For Potential Bond Sale
Abu Dhabi's International Petroleum Investment Co. is in talks with banks about issuing a bond denominated in euros, three sources…
Dubai can benefit from Sharia standard for gold
As the international market development organisation for the gold industry, we are committed to ensuring consumers and institutions can benefit…
Islamic insurance sector holds untapped potential: report
The takaful — Islamic insurance — sector has seen double digit growth, but remains underdeveloped compared to the Islamic finance…
M.Stanley hires Alangari as Saudi investment banking head
Morgan Stanley has appointed Motaz Alangari as its head of investment banking for Saudi Arabia, according to an internal memo…
Dubai Group mulling Shuaa Capital stake sale – report
Dubai Group, a subsidiary of Dubai Holding, is considering the sale of its 49 percent stake in Shuaa Capital, according…
Saudi Binladin Group taps Morgan Stanley banker
Saudi Binladin Group has tapped a veteran Morgan Stanley banker as its new chief financial officer as the construction conglomerate…
Volante Technologies and Turkish banking and payments experts Payfessional announce partnership
Volante Technologies has announced the signing of a partnership agreement with Payfessional. The partnership will see Volante’s VolPay suite…
Qatar Bank Liquidity Slumps in February After Deposits Decline
Qatar bank liquidity tightened in February as customer deposits declined and lending rose in the world’s biggest exporter of liquefied…
Dubai private sector rebounds in March
DUBAI Driven by an upswing in three key sectors, Dubai's private sector recorded a solid rebound in business conditions in…
UAE residents want health expenses covered, HSBC report says
A majority of UAE residents want their employer or the government to pay for their healthcare expenses, according to a…
UAE demand for Islamic syndicated loans on the rise
Demand for Islamic syndicated loans is on the rise in the UAE as Sharia-compliant debt instruments become more mainstream, says…