UAE's new investment fund rules may hit DIFC
The UAE plans to implement new investment fund rules, which analysts say could hamper the Gulf state's ambitions to become…
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Bank put my debt on Facebook, claims UAE customer
Simon R Pinto first knew something was wrong when his wife called him from India. "What you are doing in…
Arab Bank named best arranger for project and infrastructure finance in the Middle East
Arab Bank was recently named Best Arranger for Project and Infrastructure Finance in the Middle East by Global Finance magazine…
Emirates NBD sponsors English golfer Melissa Reid
Emirates NBD, a leading bank in the region, announced it will sponsor 24-year old Melissa Reid, the prominent English professional…
Qatar Islamic Bank named 'Best Islamic Financial Institution in Qatar' by Global Finance
QIB - the benchmark Islamic bank in Qatar - has scooped the award as the 'Best Islamic Financial Institution in…
Kuwait's KIPCO positive on second half; Q2 profit up 0.9 pct
Kuwait Projects Company (KIPCO), the country's largest investment company, said it was positive about its outlook for the latter half…
Credit risk management in Oman is better than theWest
Despite the general notion that is prevailing around us about the efficiency of the business practices and banking systems in…
Global Sukuk issues top $12.9 billion in July
Kuwait News Agency (KUNA) says KFH Research’s latest monthly report on the global Sukuk market shows the primary Sukuk market…
Investment funds need monitoring
The latest set of regulations on fund transfers issued by the Securities and Commodities Authority (SCA) last month is a…
Ziraat Bank, Turkey, selects TCS BaNCS to power international banking operations
Tata Consultancy Services has announced that Ziraat Bank, Turkey, has selected the TCS BaNCS core banking platform for a multi-country…
Baker & McKenzie advises Bahrain on $1.5 billion bond
Baker & McKenzie recently acted for the Kingdom of Bahrain in relation to its $1. 5 billion bond issuance; the…
The Investment Corporation of Dubai signs MoU with Banco Santander
In line with the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of…