HSBC gets license to buy Saudi stocks directly
HSBC Holdings has received a qualified foreign investor license in Saudi Arabia and traded shares on the bourse on Monday,…
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Turkiye Finans CEO quits
The CEO of Turkiye Finans -- the largest Islamic finance institution in Turkey -- has resigned, the bank said in…
Lebanon's Bank Audi aims to double Egypt earnings by 2017
Lebanon's Bank Audi aims to double its assets and earnings in Egypt by 2017 as it bets on a continued…
mWallet gets the green light in the UAE
The UAE Banks Federation has given the green light to the mobile wallet initiative which will revolutionise digital payments in…
Alba names financial advisors for Line 6
Aluminium Bahrain, one of the leading aluminium smelters in the world, has appointed JP Morgan, Gulf International Bank and National…
Qatar's sovereign fund to set asset allocation targets
Qatar Investment Authority, one of the world's most aggressive sovereign wealth funds, will set asset allocation targets for the first…
Indian real estate investment vehicle launches in DIFC
Fund Director Mr. Manan Goel points out that real estate investments generally present greater returns compared to other asset classes.…
Deloitte and DIEDC: Significant untapped growth potential of digital Islamic services
The report whose title is ‘The Digital Islamic Services Landscape: Uncovering the Digital Islamic Services opportunity for the Middle East…
Saudi billionaire facing expensive UK divorce
A Saudi billionaire is facing what could be one of the UK’s most expensive divorce claims. The Daily Mail…
Dubai's DIFC Pivots East to Asian Banks
The Dubai International Financial Centre spent the first 10 years of its existence looking to banks in the West. It’s…
EFG Hermes Announces Significant Milestone with Entry into Leasing Services
EFG Hermes has announced the launch of EFG Hermes Leasing, a wholly-owned subsidiary of the firm specializing in providing leasing…
Deloitte: Middle East organizations facing human capital trends and challenges
According to a Deloitte Human Capital report, the top four talent challenges for Middle East organizations are Learning & Development,…