Clifford Chance advises on US$500 million issuance by Majid Al Futtaim
Clifford Chance has advised on the issuance of US$500 million 4.5% trust certificates due 2025 by MAF Sukuk Ltd. and…
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Hsbc Bank Oman Doubles Its International Growth Fund To Omr 40 Million
HSBC Bank Oman has announced that it is doubling the size of its SME-focused International Growth Fund, initially launched last…
Moody’s reports softening conditions for Omani banks
It is not a credit rating action, but Moody's has today changed Oman's banking system's outlook from stable to negative,…
RAKBANK Partners with Dubai Properties
RAKBANK has announced its partnership with Dubai Properties to provide convenient home finance solutions for a selection of complete and…
UAE signs agreement on exchange of information for tax purposes with Norway
HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs headed the UAE delegation visiting the Scandinavian countries (Norway,…
Emirates NBD claims triple win at prestigious awards
· Group Risk wins 'Achievement in Credit Risk Management of the Year' award · Bank named Best Trade Finance Bank…
Middle Eastern Private Jet Owners Are Younger And Spend More On Planes Than Global Average
The typical private jet owner in the Middle East is male, nearly five years younger than the global average…
Third-quarter profit at Amlak Finance jumps
Amlak Finance, the Dubai mortgage lender whose shares were frozen for six years after the 2008 financial crisis, reported a…
Qatar regulatory changes present risks and opportunities for CFOs, says ICAEW
Recent legal changes in Qatar must be understood by chief financial officers and finance professionals if businesses are going to…
DFSA fines Private Banking division for Anti-Money Laundering Deficiencies
The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 640,000 (AED 2,350,720) on ABN AMRO Bank N.V.…
Deloitte transfers key officials to GCC ops
Deloitte recently announced the transfer of a number of partners and senior directors to its Middle East operations in the…
Islamic Bank May Support Green Sukuk for Renewables Projects
The Islamic Development Bank indicated that it may issue green sukuk bonds compliant with religious law and increase lending for…