Dubai Islamic launches $1bn Tier 1 sukuk
Dubai Islamic Bank, the largest sharia-compliant lender in the UAE by assets, launched a $1 billion hybrid sukuk on Wednesday,…
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Forbes Middle East Announces the Most Influential Arab Women in Government and Family Business
Arab women are playing increasingly prominent roles in driving the region's economies and societies into the future. With each passing…
Burgan Bank Group wins "Best Banking Group in MENA" award
Burgan Bank Group announced that it has won the 'Best Banking Group in MENA' award for the second consecutive year…
Prince Alwaleed Receives Citigroup's CEO Mike Corbat
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company received in his office in Riyadh Mr.…
Saudi tycoon planning more hotels in Europe
Saudi industrialist Sheikh Mohamed bin Issa Al Jaber plans to expand his luxury-hotel holdings in Portugal and elsewhere in Europe…
India insurance giant to focus on ‘takaful’ to boost Mena growth
India’s General Insurance Corp, the 15th largest re-insurer in the world, is planning to convert its Dubai office into a…
Gulf a comfortable fit for Swiss private banker Lombard Odier
It is a time of change for the Swiss banking industry. The giants of the business, such as UBS and…
Sovereign wealth funds to hit record $5.6 trln by year end
Sovereign wealth funds are set to see their assets grow to $5.6 trillion by the end of 2013, a study found,…
Turkey: Sukuks set to diversify bank funding
A strong performance from Turkey’s banks last year produced a significant rise in total assets and an increase in equity…
UBS to replace MENA investment banking head
UBS is set to replace Matthew Odgers as head of its Middle East and North Africa investment banking department, two…
ADIB named Best UAE Islamic Bank and Receives Best Islamic Finance Deal
Euromoney magazine has named Abu Dhabi Islamic Bank as the “Best Islamic Bank in the UAE” and awarded the top-tier…
Dubai's Shuaa Capital appoints chief investment officer
Shuaa Capital has appointed Sabah al-Binali as chief investment officer, the investment bank said on Monday. Binali will also be…