DAFZA wins 'IMA Middle East Finance Team of the Year 2015' Award
The Dubai Airport Free Zone Authority has recently announced that its Finance Team was named 'IMA Middle East Finance Team…
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How Turkey's economy went from flying to flagging – and could get worse
If the speed of a nation’s trains was an indication of the pace of an economy, it would be full…
Emir orders study on operations of state-backed investment companies
The Emir, who is the chairman of the Supreme Council for Economic Affairs and Investment chaired the Council's Second Meeting…
Diamonds for loans scheme launched in Dubai
Commercial Bank of Dubai and DMCC Tradeflow, the online platform for registering possession and ownership of commodities stored in the…
1MDB partners pump US$1 billion into troubled strategic fund
The funds from Abu Dhabi's International Petroleum Investment Company and its Aabar Investments unit will be paid by June 4,…
ING, Qatar National Bank, Bahrain's ABC eye HSBC Turkey arm: sources
NG Group NV, Qatar National Bank QNBK.QA and the Bahrain-based Arab Banking Corporation ABCB.BH are among the potential bidders for…
Egypt- NBAD managing $1.5bn bonds for Egyptian government: CEO
The National Bank of Abu Dhabi has been selected to manage the issuing of Dollar bonds the government is officially…
ADIB eyeing measures to raise capital
Abu Dhabi Islamic Bank will ask shareholders to approve capital-raising measures including a rights issue and an increase in size…
Ex-Citi, JPMorgan investment bankers set up Dubai firm
Two former investment bankers from JPMorgan Chase & Co and Citigroup have started a boutique advisory firm in Dubai. Trussbridge…
As FIFA corruption scandal worsens, Qatar shares flounder
Qatar's shares dropped significantly Wednesday after the US and Switzerland launched a criminal investigation on FIFA corruption charges, Reuters reported…
RAKBANK acquires 79.23 per cent of RAK Insurance
The acquisition enables RAKBANK to become the largest shareholder in the insurance provider and is in line with the Bank’s…
DGCX’s deal with Bank of China to up interaction
The Dubai Gold & Commodities Exchange has announced the signing of a Memorandum of Understanding with the Bank of China.…