Middle East Capital to Invest $15 Billion in Foreign Property Markets
According to CBRE Group, an average of $15.0 billion per year will flow out of the Middle East into direct…
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Investors Check Into Hotel Sector
Hotel sales world-wide are on a scorching pace for 2015 after totaling $42 billion in the first half, boosted by…
Central Bank of the UAE speaks with Islamic Business & Finance
H.E. Saeed Abdulla Al Hamiz, Assistant Governor, Banking Supervisions, Central Bank of the UAE speaks with Islamic Business & Finance…
UAE key player in Q2 GCC corporate bond issuance
The GCC bond and sukuk markets activity remained relatively sound in the second quarter despite political uncertainty in some parts…
Aldar Properties net profit up 18%
In July 2015, Aldar announced that it had made the decision to adopt IFRS 15 revenue recognition accounting policy early…
Emirates NBD UAE PMI™
July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the…
Meezan Bank gets SBP nod to merge HSBC Oman operations
The State Bank of Pakistan Monday cleared the amalgamation of the HSBC Bank Oman S.A.O.G operations in Pakistan with Meezan…
JS Bank goes international
JS Bank was recently granted a wholesale banking licence by The Central Bank of Bahrain for branch operations in Bahrain.…
Ibdar Bank exits Bahrain Sakan Development
Ibdar Bank the Bahrain-based Islamic wholesale investment bank has announced the successful exit from its 30 million construction arm Sakan…
NCB closes Tier I sukuk of 2b Saudi riyals
The National Commercial Bank said on Wednesday it successfully issued subordinated Additional Tier I capital Sukuk of 2 billion Saudi…
GIB Capital wins ‘Best IPO’, ‘Best Sovereign Bond’ and ‘Best Merger & Acquisition’
GIB Capital LLC, the Saudi-based investment banking arm of Gulf International Bank , was recently granted three key awards by…
Egypt: Economic growth fastest since revolution, vulnerabilities remain, says NBK
The acceleration in Egypt’s economic growth appears to have been sustained despite a soft patch in Q1, says NBK. The…