Dubai Investments: all set for a makeover
Dubai Investments is among a few contenders gearing up to join the Emerging Market Index in May as its stocks…
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New head of Temenos Middle East team appointed
Temenos has announced that Jean-Paul Mergeai has been appointed to lead its Middle East team. His appointment is part…
NBAD wins two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
Barwa Bank initial mandated lead arranger on Ezdan debut syndication
Late in 2013 Ezdan took on a new direction by looking to strategically diversify their business. Ali Al-Obaidli,…
UAE, Qatar markets extend gains; Egypt rebounds
Financial and property stocks lifted bourses in the United Arab Emirates and Qatar on Tuesday, while Egypt rebounded after three…
Dubai World brings in Blackstone for ‘fresh pair of eyes’ on debt repayment
Dubai World, whose debt problems sparked the 2009 financial crisis in the emirate, feels the need for a “fresh pair…
CBK turns to Islamic banking
The General Assembly of the Commercial Bank of Kuwait announced Wednesday it would be converting from traditional to Sharia-abiding banking.…
Boubyan Bank leads $250 million Murabaha facility for Zain Group
Zain Group CEO Scott Gegenheimer said, "This Murabaha agreement at these preferential terms underscores the group's success in adopting a…
GCC bonds, sukuk primary issuances total $97bn in 2013
The aggregate primary issuance of bonds and sukuks in the Gulf Cooperation Council region totalled $97.7bn in 2013, up 14.5%…
Saudi Arabia’s Bank Albilad Implements FIS Switch as Part of Major Payments Expansion
The world’s largest provider of banking and payments technology, today announced that Bank Albilad, of the Kingdom of Saudi Arabia,…
Dubai to challenge London with Islamic financing platform
Dubai will compete with London for a share of Islamic banks' liquidity management business by offering a new platform for…
New head of Temenos Middle East team appointed
Mr Mergeai brings over 25 years’ experience of providing information technology solutions to banks and financial institutions in Europe, the…