EFG-Hermes Said Close to Joining Goldman Sachs on Edita IPO
EFG-Hermes Holding SAE, the Egyptian investment bank, is near to being hired with Goldman Sachs Group Inc. (GS) to manage…
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The largest Islamic economic gathering celebrates 40 years of dedicated service
Under the patronage of Custodian of the Two Holy Mosques, King Abdullah bin Abdul Aziz Al Saud, the Islamic Development…
QNB launches global customer programme
QNB will launch its Global Recognition Programme catering to QNB First premium customers today. The unique customer proposition will…
Dubai Smart Government activates electronic linkage and fully automates payment with Dubai Islamic Bank
Dubai Smart Government (DSG) has announced the activation of electronic linkage between its Government Resources Planning (GRP) Systems and Dubai…
CBI Appoints New Head of Sales & Distribution
Commercial Bank International has announced the appointment of Murray Macdougall as Head of Sales & Distribution for Retail Banking. He…
MSCI upgrade of UAE and Qatar to Emerging Market status will attract global investments of $3 billion (out of total $8 trillion assets)
Following the recent upgrade of the UAE and Qatar to the Emerging Market status by global markets index provider MSCI,…
Growth In UAE, Saudi, Qatar Drawing Global Funds To Set Up Shop
International asset management firms are showing renewed interest in setting up in the Gulf, drawn by markets performing better than…
Banque Saudi Fransi says completes 2 bln riyal capital-boosting sukuk
Banque Saudi Fransi, the kingdom’s fourth-largest listed lender, has completed a capital-boosting sukuk issue worth 2 billion riyals ($533 million),…
ADIB & Thomson Reuters announce global awards for ethical finance and Islamic banking innovation
Following the success of the inaugural Ethical Finance Innovation Challenge and Awards in 2013, Abu Dhabi Islamic Bank and Thomson…
SABB awarded multiple Treasury Awards in Saudi Arabia
The Saudi British Bank " SABB " was named winner across 3 Treasury related categories for 2014 from The Banker…
US announces changes to the Offshore Voluntary Disclosures Programs
On 18 June the US Internal Revenue Service (IRS) announced major changes to its offshore voluntary compliance programs, resulting in…
Invesco builds sales team in Middle East
Invesco has named Andrew Downing as regional sales manager for its Middle East team as part of its strategy to…