RakBank unveils new wealth management offering
RakBank has launched the RAKelite Premium Banking, offering high net worth customers a more customised banking experience with enhanced lifestyle…
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AES expands in Dubai with two new hires
AES International has expanded its Dubai office with the appointment of two new salary-based advisers. The financial services firm…
Bahrain’s Investcorp Targets European Property Push
Bahrain’s Investcorp, one of the biggest foreign buyers of U.S. real estate and an early backer of luxury brands like…
GIB continues to expand its international network
Gulf International Bank today announced that, in line with its strategy to be a pan-GCC universal bank, it will be…
Mitsubishi UFJ Financial Group launches Islamic finance business in UAE
Mitsubishi UFJ Financial Group’s banking arm, the Bank of Tokyo-Mitsubishi UFJ has launched Islamic finance business through its Dubai branch…
Iran buys shares of AIIB multinational bank
Iranian deputy economy minister has announced buying shares of Asian Infrastructure Investment Bank. Deputy Economy Minister Mohammad Khazayee said,…
Herbert Smith Freehills to reopen in Saudi Arabia
Four months after shutting down its Abu Dhabi office and two years after terminating its association with a Saudi Arabian…
FGB earnings rise 4% on strong lending
Abu Dhabi-based FGB reported an increase of four per cent year-on-year net profit to Dh4.29 billion for the first nine…
Islamic finance assets seen reaching $3.5tn by 2018
The global asset value of Islamic finance, dominated by the Islamic banking sector and the global sukuk market, will expand…
Empowering women in the UAE's Islamic finance sector
Since its inception, the UAE has led the way for women’s empowerment across the region and demonstrated its commitment to…
Wasatah Capital selected IMSplus for wealth and fund management operations
Profile Software has announced tthat Wasatah Capital, a Saudi Arabia based investment company, selected the IMSplus Asset Management solution to…
OMR250m bids accepted in first Oman's sovereign sukuk issue
Oman’s maiden sovereign sukuk issue has evoked a strong response to raise a total of OMR336 million in firm orders…