NBAD wins prestigious awards from EMEA Finance
National Bank of Abu Dhabi has won fourteen awards including three prestigious House Awards at the 2015 EMEA Finance Achievement…
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Aberdeen enters Abu Dhabi financial centre
Aberdeen’s founder and chief executive, Martin Gilbert, told The National: “We went to Singapore in 1992 when everybody else was…
GIB UK awarded Bahrain Asset Manager of the Year and Regional Equities Manager of the Year
GIB UK has announce that they have been awarded Bahrain Asset Manager of the Year and Regional Equities Manager of…
Doha Bank says won't bid in Qatar T-bill auction
The chief executive of Doha Bank said on Tuesday his bank would not bid in a Treasury bill auction which…
Bank of China signs settlement deal in Dubai
Dubai Gold & Commodities Exchange has announced the appointment of Bank of China, as a Settlement Bank for Dubai Commodities…
Stonehill Capital Said to Block $1.2 Billion Limitless Deal
U.S. hedge fund Stonehill Capital Management LLC is blocking a second restructuring of a $1.2 billion loan in Dubai-based developer…
Bahrain Bourse creates REITs market
Bahrain Bourse has issued a resolution in respect of the creation of the real estate investment trusts (REITs) market and…
Warba Bank wins the ‘Islamic Finance News’ award for performance in 2015 – ‘Best Structured Finance’ and ‘Kuwait Award’
Warba Bank, the fastest-growing Bank in Kuwait which offers a range of banking and investment services compatible with Islamic Sharia…
Qatar central bank says taking action to increase liquidity
Qatar's central bank is taking necessary monetary policy measures to increase liquidity in the banking system, central bank governor Sheikh…
Standard Chartered launches 'bank on an iPad'
Standard Chartered Bank has globally launched its 'Retail Workbench', a digital tablet-based sales-and-service tool in Asia, Africa and the Middle…
Falcon Private Bank secures licence in Dubai
Under its ‘3c licence’ type, the bank can now offer customised financial solutions to regional clients. Said Eduardo Leemann,…
Saudi central bank governor vows to keep currency peg
Saudi Arabian Monetary Agency Governor Fahad al-Mubarak said he was committed to maintaining monetary policy to keep the kingdom's decades-long…