Bank Nizwa achieves 80% of network expansion plan
Bank Nizwa has achieved 80 per cent of its network expansion plan, targeted run till the end of this year,…
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Dispute resolution in the United Arab Emirates: what are the options? Part one
Following the Dubai International Finance Centre (DIFC) Court judgment in Banyan Tree Corporate PTE Ltd v Meydan Group LLC, parties…
Money magnets
“Get on a plane from Middle Eastern Airlines (MEA) from Geneva to Beirut, and see how many bankers you have…
Dutch Rabobank receives green light to operate in Turkey
Turkey’s banking watchdog has granted an operation license to the Dutch Rabobank group, paving the way for the lender’s entrance…
Fed inspects Turkish Ziraat's New York branch
The United States Federal Reserve (Fed) has reportedly started an inspection of the financial transactions of Turkey's state-run Ziraat Bankası…
Turkey Risks Setting Dangerous Precedent, Bank Asya CEO Says
Turkish authorities haven't responded to pleas by Bank Asya that they act to prevent what the bank has called unfair…
Oman fund says working with Bulgaria to solve Corpbank problem
Oman's biggest sovereign wealth fund, the State General Reserve Fund (SGRF), is working with the Bulgarian government to try to…
Bahrain Set To Raise $1.25bn From 30-Year Bond Sale
Bahrain set the size of its 30-year bond issue at $1.25 billion on Wednesday, while tightening the pricing to the…
KBBO Group and Guggenheim Partners Announce Joint Venture
KBBO Group and Guggenheim Partners today announced a joint venture that will bring together Guggenheim Partners' global investment banking and…
HSBC launches second tranche of AED 1 billion SME growth fund
HSBC has today launched a further AED 1 billion as the second tranche of its fourth International Growth Fund for…
Saudi’s Itqan Capital To Boost Islamic Finance Business
Islamic investment firm Itqan Capital, based in the Saudi Arabian city of Jeddah, plans to expand its investment and advisory…
Guggenheim Partners sets up Mideast advisory, asset management JV
U.S. financial services firm Guggenheim Partners has agreed to set up a joint venture with a private Abu Dhabi investment…