Former Ipic managing director exits chairman’s post at Austria’s Borealis
Khadem Al Qubaisi’s exit from his executive management positions is nearly complete. Yesterday the Austrian plastics maker Borealis said he…
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ADCB Al Nokhitha Fund awarded "Best Fund over 3 years, Equity, United Arab Emirates"
Abu Dhabi Commercial Bank Al Nokhitha Fund has recently received an award for the "Best Fund over 3 years, Equity,…
KIPCO recognized by Forbes Middle East
KIPCO - the Kuwait Projects Company - announced today that it was recognized by Forbes Middle East as a Top…
Alleged Hezbollah-linked banker may relinquish post to son
Kassem Hejeij, accused by the United States of links to Hezbollah, may consider resigning as chairman of Middle East Africa…
Noor Bank closes Dh1.2b Islamic syndicated loan
Noor Bank has closed an Dh1.2 billion Islamic syndicated loan for offshore vessel operator Stanford Asia Holding Company (‘Stanford’), a…
Turkey election fallout poses questions for Islamic finance push
President Recep Tayyip Erdogan’s plans to nurture Islamic banking in Turkey may have an uncertain future. Less than two…
Iran and the Islamic Finance Crown
Iran is one of the pioneers of Islamic finance. In 1983, four years after the revolution led by Ayatollah Khomeini…
GTB move at Deutsche Bank
Sébastien Avot, currently director in the distribution and trading Emea team for Deutsche Bank’s global transaction banking division will move…
Emirates Development Bank launches in Abu Dhabi
The Emirates Development Bank officially launched its operations in the UAE on Tuesday. The ceremony marking the launch was held…
Former Ipic managing director Al Qubaisi exits chairman’s post at Austria’s Borealis
Khadem Al Qubaisi’s exit from his executive management positions is nearly complete. Yesterday the Austrian plastics maker Borealis said…
Bahrain wants more Indian banks to play role of ‘investment houses’
Eyeing higher Indian investment in the financial services sector, Bahrain expects more Indian banks to start operations in the Kingdom,…
Jordan's first sovereign issue of sukuk coming up soon
Jordan will soon launch its first sovereign issue of Islamic bonds, sukuk, to finance real estate projects, Finance Minister Umayya…