Dubai Islamic Bank successfully closes USD 500 mln Sukuk issuance
Dubai Islamic Bank returned to the international debt capital markets with a very successful US$ 500 million 5Y Sukuk issue…
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Global Islamic Wealth Management Industry Faces Trust Deficit
A global survey on the Knowledge, Attitude and Practices (KAP) of the Global Islamic Wealth Management Industry conducted by Edbiz…
Saudi bourse asks banks to pitch for IPO advisory roles
The Saudi Stock Exchange has asked banks to pitch for roles advising on its own initial public share offer, sources…
Key opportunities exist for industry to mitigate competitive pressures and macroeconomic headwinds
The conveners of the 11th annual World Takaful Conference (WTC) - Middle East Global Advisors - is set to reveal…
US claims it's not deterring foreign banks looking at Iran
Most international sanctions against Iran's economy were lifted in January after Tehran implemented a deal with world powers to curb…
Commercial Bank to raise capital up to $8.5bn
To further boost its liquidity, Commercial Bank is set to enter the Global market in a big way. The…
Wafic Saïd sues Barclays over cutting ties
Wafic Saïd, the Syrian-born billionaire businessman and philanthropist, is suing Barclays in London after it unexpectedly cut ties with him…
Dubai Islamic Bank closes $500m sukuk issue
Dubai Islamic Bank said it has successfully closed $500 million (Dh1.8 billion) Sukuk issuance, marking the reopening of the market…
Ahli United Bank sets up UAE base in DIFC
Ahli United Bank Limited, a subsidiary of Ahli United Bank, has launched operations in the Dubai International Financial Centre. …
El-Sissi appoints 10 new ministers
President Abdel Fattah El-Sisi named 10 new ministers, including the finance and investment portfolios, in a Cabinet reshuffle on Wednesday…
Banks must wake up to demands of digital age
Banks must wake up to the way technology affects the daily lives of their customers, financial service decision makers have…
QInvest acquires ERGO Portfoy and launches QInvest Portfoy
QInvest has announced the acquisition of ERGO Portfoy, one of the largest and fastest growing asset management companies in Turkey.…