Dar opens MCB branch in Dubai
Finance Minister Mohammad Ishaq Dar has inaugurated a branch of MCB Bank in Dubai heralding its first wholesale banking operations…
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Dar opens MCB branch in Dubai
Finance Minister Mohammad Ishaq Dar has inaugurated a branch of MCB Bank in Dubai heralding its first wholesale banking operations…
Al Jaber seeks new terms for $4.5bn restructured debt
Abu Dhabi-based conglomerate Al Jaber Group is talking with banks to refinance around $4.5 billion of debt it restructured last…
King & Spalding Advises ACWA Holding on Landmark Islamic Financing for US$2 Billion Industrial Gases Project
King & Spalding advised Arabian Company for Water and Power Development on the Islamic financing for a new US$2 billion…
Retail Industry in the Kingdom of Saudi Arabia on Booster Shots – Frost & Sullivan Assesses the Factors Fuelling Growth
The Kingdom of Saudi Arabia (KSA) is the second largest retail market in the Gulf Cooperation Council (GCC) after the…
Fortress Capital, Film Clinic set up joint venture firm
Fortress Capital Investments, a leading investment firm operating in the Middle East, has announced collaboration with Film Clinic, a key…
SWFs in Latin America and Middle East consider their first hedge fund allocations
For any hedge fund manager, winning a mandate from a sovereign wealth fund is the Holy Grail. These are the…
Bank Aljazira scores prestigious Customer Service Awards
Bank Aljazira has scored a major achievement following the announcement that Aljazira Phone has won the Gold Medal & 1stRank…
Anonymous cyber hackers hit UAE banking websites
Several UAE banks were hit by a co-ordinated cyber attack, known in the trade as a distributed-denial-of-service attack, on Tuesday,…
ING on course to win auction for HSBC's Turkish bank: sources
Dutch lender ING Group ING.AS is set to win the auction to buy HSBC's HSBA.L Turkish business, people familiar with…
Moody's assigns Counterparty Risk Assessment to 16 UAE banks
Moody's Investors Service has assigned Counterparty Risk Assessments (CR Assessments) to 16 banks in the United Arab Emirates (UAE). It…
Sobha Group becomes shareholder in investment manager RootCorp/new real estate fund launched
The new India Debt and Yield Opportunities Fund will focus on the Indian market and have an IRR target return…