Saxo Bank opens office in Abu Dhabi, expands its presence in the Middle East
Saxo Bank has announced an expansion of its network in the UAE with the opening of a representative office of…
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Barclays to Hire Dubai Corporate Bankers as Jenkins Cuts 19,000
Barclays Plc will boost hiring and increase lending at its corporate banking business in Dubai as companies in the region…
U.A.E. Islamic Bank Asks What’s in a Name After Barclays
Abu Dhabi Islamic Bank PJSC (ADIB), which bought the local retail assets of Barclays Plc (BARC) last month, is weighing…
Saudi Banks Beating JPMorgan Urged to Boost Capital: Arab Credit
Saudi Arabia is urging lenders to boost capital reserves, which are already above those of global peers including JPMorgan Chase…
Beware ME 'investors': are Swiss banks about to be forced into giving up their secrecy?
If Swiss banks were to cast off their usual discretion and make a marketing pitch these days, it might start…
ACC Expands to Middle East Region
The Association of Corporate Counsel, a global bar association representing more than 33,000 in-house counsel, and Corporate Counsel Middle East…
Amid Split on Bank Case, U.S. Seeks a Middle Path
Solicitor General Donald B. Verrilli Jr. faced a legal and bureaucratic dilemma this year: Obama administration officials could not agree…
Saudi's Alhokair plans debut sukuk, picks Samba as arranger
Fawaz Abdulaziz Alhokair Co , the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in…
Investment Corporation of Dubai raises $1 billion from sukuk, bond issue
The Dubai Government’s principal investment arm, the Investment Corporation of Dubai, has successfully priced a $1 billion sukuk and bond…
CBB Sukuk Al-Salam Securities Oversubscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities for the BD…
QInvest sees Turkey playing leading role in Islamic finance
QInvest, one of Qatar’s leading Shariah-compliant investment bank, sees Turkey as being a key driver of growth in Islamic finance…
NBK arranges a $56.8 million syndicated facilities for Al Khorayef Group
The facilities will be used by Al Khorayef Group for its project with Kuwait Oil Company (KOC) for the supply…