Dubai financial firm to hire 300
Dubai-based Compass Financial Solutions, which provides wealth management solutions and insurance services, aims to triple its workforce in the UAE…
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Bahrain banks 'are ready for Basel III'
Bahrain banks rank among leading global banking institutions in terms of readiness to implement Basel III international standards as they…
UK recovers $498,000 from sale of criminal's Dubai home
UK prosecutors have recovered more than £300,000 ($498,000) from the sale of a convicted drug trafficker’s home in Dubai in…
Future of Kuwaits Banking Sector to Be Examined at Euromoney
In less than just three weeks, the sixth annual Euromoney Kuwait Conference will open with keynote addresses from the Minister…
Integrated Alternative Finance arranges AED 35 million acquisition loan for regional investment fund
The facility for Injaz Eastern European Property Development Company Limited (IEEPDC) was arranged by IAF and provided by non-traditional funding…
Dubai bank to up stake in Panin Syariah
Dubai Islamic Bank, the oldest sharia lender in the world, has officially submitted a request to Indonesia’s Financial Services Authority…
Dubai eases fund manager restrictions
Dubai has eased its restrictions on asset managers in what appears to be a move to attract more hedge funds…
National Bank of Abu Dhabi targets debt finance domination
National Bank of Abu Dhabi is set to embark on a hiring push as it makes its bid for the…
Standard Chartered faces UAE action over shutdown
Standard Chartered is facing legal action from the authorities in the United Arab Emirates days after the lender was told…
Dubai’s Atlantis, The Palm Set To Refinance $880 Million Loan
Dubai’s iconic island resort, Atlantis, The Palm, owned by Investment Corporation of Dubai (ICD) is looking to reprice or refinance…
Bank Sarasin-Alpen to appeal DIFC court ruling on miss-selling
The Dubai International Financial Centre Court (DIFC Court) on Thursday ruled in favour of Al Khorafi, a prominent Kuwait-based business…
$25M Bahraini Judgment Valid In Pa., Appeals Court Rules
The Pennsylvania Superior Court ruled Wednesday that a $25 million judgment entered in Bahrain against a group of currency traders…