Chestertons closes AED 610 million worth of property sales
Chestertons, has announced that it has closed property sales worth over AED 610 million on behalf of its Middle East…
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ADIB releases outlook on regional and global investment climate
Abu Dhabi Islamic Bank (ADIB) has presented its outlook on the regional and global investment climate to its top private…
Lack of proper planning can derail IFRS implementation in KSA – Deloitte
The Kingdom of Saudi Arabia is soon set to join 130+ countries across the globe in the application of International…
Subscription opens for BBK BHD 100 million convertible capital securities offering
BBK is the Issuer and Receiving Bank; while SICO, a prominent Bahrain-based GCC wholesale bank, is the Lead Manager of…
Gulf nations left to raid reserves
Earlier this year, a sleepy, little-watched, financial gauge sprang to life. The moribund forwards market for the Saudi riyal…
Deepening Saudi-US business partnership through investment
The 4th US Saudi Business Opportunities Forum held in Riyadh on March 23-24 brought together government and business leaders from…
UAB elects new chief
The Union of Arab Banks announced Thursday the election of Kuwait's Sheikh Mohammad AlJarrah AlSabah as the new Chairman of…
Saudi Arabia wants to build a $2 trillion mega-fund — and fundamentally change its economy
Saudi Arabia is planning to create a $2 trillion sovereign wealth fund to reduce the country's reliance on oil and…
Qatar-based banks top in assets growth in GCC
Net earnings of GCC's leading banks increased 4.7 percent year-on-year to $5.3bn in Q4, 2015. Net profits of top…
Global regulators move closer to regulating fintech
Global regulators have moved closer to regulating the fledgling fintech sector, which includes blockchain technology that supports bitcoin, to ensure…
Hapoalim CEO Quits After Building Bank Into Israel's Largest
Bank Hapoalim Ltd. Chief Executive Officer Zion Kenan is stepping down after a seven-year tenure that saw the Israeli bank…
GlobeOp Founder Returns to SS&C
SS&C Technologies has announced the appointment of Ron Tannenbaum as Managing Director of Business Development for Europe, Middle East, and…