UAE launches money-laundering crackdown
United Arab Emirates banks have been banned from doing business with some Islamist groups including the Muslim Brotherhood, their representative…
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Globaleye partners with Russian family office
Globaleye has partnered with Fortu Family in Moscow to manage the firm’s retail division. The Dubai-headquartered company is now…
Why UAE banks are about to come head to head with Google, Facebook, and Amazon
Internet platforms like Facebook, Google and Amazon are developing banking products that will probably become future foreign competition for the…
Volatile oil prices will not affect Qatar wealth fund strategy – CEO
Volatile oil prices will not force the Qatar Investment Authority (QIA) to change its investment strategy, the sovereign wealth fund's…
Commercial Bank of Kuwait appoints Mahfouz as CEO
Kuwait's Central Bank has approved the appointment of Elham Yousri Mahfouz as chief executive officer of Commercial Bank of Kuwait,…
Taxpayers From U.K. to Korea Take On Risk to Build Up Dubai
When travelers breeze though Dubai’s expanded Al Maktoum International Airport in a few years, they’ll probably have the British taxpayer…
Qatar moves to increase business regulation
Qatar has approved draft legislation that increases the regulatory burden on small businesses, weeks after the Gulf state fell 11…
FAAIF Introduces the Dubai World Islamic Finance Arbitration Center in Europe
Camille Paldi, CEO of FAAIF introduces a proposal for a dispute resolution mechanism for the Islamic finance industry, namely, DWIFAC,…
Banque de l'Habitat selects Capital Banking Solutions core-banking system
Capital Banking Solutions has announced that Banque de l'Habitat - Lebanon has selected CapitalBanker as its core banking system to…
First Gulf Bank Sees More Than 10% Profit Growth, Arqaam Says
First Gulf Bank PJSC (FGB), the United Arab Emirates’ third-biggest bank, expects its profit to rise by more than 10…
Qatar moves to increase business regulation
Qatar has approved draft legislation that increases the regulatory burden on small businesses, weeks after the Gulf state fell 11…
Dubai Aviation Corp launches $500 mln 5-yr sukuk
Dubai Aviation Corp, known as flydubai, has launched a $500 million five-year sukuk at the tight end of its previously-marketed…