Abu Dhabi's Al Hilal Bank Launches $500 mln Debut Sukuk
Abu Dhabi government-owned Al Hilal Bank launched its debut $500 million five-year sukuk issue with the projected pricing much tighter…
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Gulf Islamic Banks are Surging Ahead of Conventional Banks
Islamic banks in the Gulf Cooperation Council are growing faster than their conventional counterparts and their share of GCC banking…
Ethica Launches Islamic Finance Certification in Oman
Ethica Institute of Islamic Finance partners with Excel Institute to resell Ethica’s Islamic finance certification in Oman. Oman’s move…
Turkey to Open First Islamic Financial Research Centre
The first Islamic Finance Research Centre will open in Turkey, chairman of the Board of Directors of the Istanbul Stock…
Qatar Wealth Fund Buys NYSE Euronext’s Stake in Local Bourse
The sale comes after achieving all the “strategic goals” identified for the exchange when NYSE bought a 20 percent stake…
Saunderson House hires Citi man to lead growth strategy
Saunderson House has hired Duncan Ross from Citi Securities & Fund Services (CSFS) as chief operating officer. At CSFS…
EFG Hermes Appoints Asset Management Head
EFG Hermes have announced the appointment of industry veteran Amr Seif as head of the firm's market-leading asset management division.…
Fund managers may withdraw some funds from Dubai
Saudi Arabia likely to be the beneficiary as funds set to invest more in the Kingdom Fund managers based…
Leumi Starts Selling Migdal Stake
The stake in Migdal was one of Bank Leumi's strongest and oldest holdings, although the size of the stake has…
First Global Sovereign Asset Management Study Released Today
Global Sovereign Investor Model launched as a framework for understanding sovereign investor investment objectives and preferences Perceived quality of shareholder…
Bahrain's Arcapita eyes new investments after first Gulf Chapter 11
Bahrain-based Arcapita is aiming to build a new asset management firm with a debut local deal in the logistics, education…
NBAD Strongest Balance Sheet in UAE
The Asian Banker magazine named the National Bank of Abu Dhabi the winner of "The Strongest Bank Balance Sheet in…