Barwa Real Estate selling project to Qatari Diar for $2.5 bln
Qatari property developer Barwa Real Estate said on Monday it was selling its 95 percent stake in Barwa Commercial Avenue…
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Remit2India launches 24/7digital remittance services for UAE NRIs
“While India remains the largest recipient of international remittances according to World Bank figures, touching $70 billion in 2013 alone,…
Al Hilal Bank plans $500m capital-boosting sukuk
Abu Dhabi's Al Hilal Bank plans to raise $500 million from a capital-boosting Islamic bond issue, a document from lead…
SWFs gorging on alternatives, Invesco survey say
A year of solid returns for global equities hasn't derailed a broad-based push by sovereign wealth funds into alternative strategies,…
Ahlibank Qatar unveils new brand identity
The new identity marks the first of a series of planned developments for Ahlibank over the coming months, following investment…
Documents Said to Tie Former RBS Unit to bin Laden Family Members
German customs authorities have confiscated documents from a former unit of Royal Bank of Scotland showing that family members of…
Six new members join ADFIMI
The 30th General Assembly of the Association of National Development Finance Institutions announced the acceptance of six new members of…
Growth In UAE, Saudi, Qatar Drawing Global Funds To Set Up Shop
Nomura Asset Management and Lazard Asset Management have opened new offices in Dubai this year. International asset management firms…
China remains a key focus in Dubai's tourism strategy.
Dubai has ranked in the top three most popular destinations amongst high-net-worth Chinese travellers, rising from 8th place in 2013…
Bank Sohar CEO receives 'Outstanding Contribution to Banking Industry Oman 2014' Award
Working in the Banking sector since 1978, Bank Sohar Chief Executive Officer, Dr. Mohamed Abdulaziz Kalmoor has made significant contributions…
Central Bank of Bahrain: Monthly Sukuk Al-Ijara got BD 82m orderbook for BD 20m issuance
Subscriptions worth BD 82 million were received for the BD 20 million issue, which carries a maturity of 182 days.…
Second thoughts? IMF updates its outlook for Bahrain
On May 21, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bahrain.…