Barwa Bank leads landmark syndication facility for ALYSJ JV
First Gulf Bank of Abu Dhabi and Qatar International Islamic Bank were MLAs on the transaction. The financing was…
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Qatar firm buys 50% of legendary London hotel
A firm owned by the Gulf emirate of Qatar has acquired a 50 percent stake in London's legendary Savoy Hotel,…
Abu Dhabi bank sponsors UAE's first professional golfer
Abu Dhabi Commercial Bank has announced its sponsorship of Ahmed Al Musharrekh, the UAE’s first professional golfer. The bank…
Nomura appoints new EMEA Chief Executive
Nomura has announced that Jonathan Lewis has been appointed Chief Executive Officer for Europe, Middle East and Africa, subject to…
Qatari hires veteran banker Ken Costa to board of Songbird
The Qataris have brought in one of the City’s best-known rainmakers to help win control of the Canary Wharf Estate.…
Bahrain to roll out new electronic payment method
A new electronic payment method being made available to Bahrain's employers from next year has been welcomed by workers' rights…
Egypt’s economy bouncing back after recent upheavals but IMF urges caution
The Egyptian economy has begun to show signs of recovery from the turmoil that followed the 2011 ousting of then…
Songbird Bidders Get A Firm Acceptance; Qatar Names Third Director
The bidders for Songbird Estates PLC on Thursday said they have now received irrevocable undertakings from a major shareholder in…
UAE and Hong Kong sign final agreement to avoid double taxation on income
The UAE signed today the final agreement for the avoidance of double taxation on income with Hong Kong, during a…
CR2, Bank of Sharjah team to intro one of UAE's first Windows 7 ATM networks
Bank of Sharjah, has become one of the first major banks of the United Arab Emirates to complete an ATM…
UAE's First Gulf Bank looks to Asia for expansion
First Gulf Bank is looking at options to expand in Asia, a senior executive said on Thursday, as it seeks…
John C Tsang, Financial Secretary of Hong Kong, rings bell to celebrate listing of Sukuk valued at AED 3.67 billion on NASDAQ Dubai
John C Tsang, the Financial Secretary of Hong Kong, today rang the market bell to celebrate the listing of a…