UAE market regulator shakes up brokerages with new rules
The stock market regulator yesterday approved new rules that will shake up the UAE’s brokerage sector, opening the industry up…
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Qatari Sovereign Wealth Fund Confirms Sale Of Near 5% Stake In LSE
The Qatar Investment Authority, the Qatari sovereign wealth fund, Thursday confirmed that it has sold about a third of its…
Turkey's Alternatifbank mandates banks for $350 mln bond issue
Turkish lender Alternatifbank said on Friday it had mandated BOFA Merrill Lynch and Commerzbank for a dollar-denominated bond issue worth…
Bahrain EDB and ICD link up to promote SME growth
The Bahrain Economic Development Board (EDB) and the Islamic Corporation for the Development of the Private Sector (ICD), the private-sector…
More foreign lenders are expected to enter Turkey’s lucrative banking market
More foreign lenders are expected to enter Turkey’s lucrative banking market, according to Italian banking giant UniCredit’s CEO, Federico Ghizzoni.…
UAE bourses merger shelved as terms not agreed
A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the…
Azzad Clients Expected to Donate a Record $3 Million to Charity this Ramadan
Azzad Asset Management, advisor to the Azzad Funds and sponsor of the Azzad Ethical Wrap Program, announced today that it…
UAE bourses merger shelved as terms not agreed
A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the…
Oman insurance regulations credit positive, says Moody’s
The draft Takaful law of Oman’s Capital Market Authority proposing companies wishing to operate as a Takaful entity in the…
United Arab Bank – Financial Strength Rating is raised; other ratings are affirmed
CI also notes the UAB's loan-based liquidity ratios had improved at end 2013 and despite the worsening of key ratios…
Debt trap in UAE: to repay or to run away?
If you are steeped in debt and are thinking of fleeing the UAE, think again. As simplistic as it…
International Monetary Fund upbeat on Dubaispan
The robust growth for Dubai in the coming years will be driven by big real estate projects IMF said ina…