Arab Bank says report of $1b settlement is ‘inaccurate’
Arab Bank Plc on Friday described as “inaccurate” a report that it would pay “slightly more” than $1 billion to…
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KFH-Turkey's Net Profit Increased by 17.5%
Chairman of Kuwait Finance House, Chairman of Kuwait Finance House-Turkey, Hamad Abdulmohsen Al-Marzouq stated that KFH -Turkey has increased its…
The DFSA Appoints New General Counsel
The Dubai Financial Services Authority has announced that Ms Muna Dandan will join them as General Counsel. Ms Dandan has…
Introduction of VAT and Corporation Tax in UAE unlikely to deter foreign investors
The Links Group says the introduction of a value added tax (VAT) and corporation tax is unlikely to deter foreign…
Saudi, UAE economic growth forecasts cut for 2016
Analysts have raised their forecasts for this year's growth in the two biggest Gulf Arab economies but cut predictions for…
BIBF series to focus on Islamic finance issues
Bahrain Institute of Banking and Finance is partnering with Malaysia-based Islamic Financial Services Board for the second joint IFSB-BIBF Islamic…
BDA advises Seera Investment Bank on the divestment of Kosan Crisplant
BDA Partners has announced that its client, Seera Investment Bank B.S.C, the Bahrain-based Shari'a compliant private equity investor, along with…
Dedicated Arabic website enhances regional push of trading platform
Saxo Bank has launched a dedicated Arabic website as part of its latest drive to encourage retailers and investors across…
Geneva prosecutor ends six-year Saad/Algosaibi probe with no further action
A Geneva prosecutor has closed a six-year investigation into a criminal complaint by Saudi Arabia's Ahmad Hamad Algosaibi and Brothers…
DGCX Appoints Chief Executive Officer
Dubai Gold and Commodities Exchange has announced the appointment of Gaurang Desai as the Chief Executive Officer. As…
Orient Takaful Insurance to boost investment portfolio June 2017
Orient Takaful Insurance Company-Egypt targets increasing investment portfolio to 405 million Egyptian pounds (US$51.7million) at the end of current fiscal…
Mashreq gold welcomes new Regional Head
Ishrat M. Kiyani joins as the new Regional Head for Mashreq Gold, one of the UAE's leading financial institutions.Kiyani's responsibilities…