Global Investment House narrows losses 50%
Global Investment House has reported its 14th consecutive quarter without a profit but narrowed its losses by half after asset…
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EFG-Hermes linked to Egypt graft claims
The Middle East’s leading investment bank is tangled up in Egyptian corruption allegations involving two sons of the deposed president…
Boom year for foreign direct investment in the UAE
The UAE attracted US$5.5 billion (Dh20.2bn) more in foreign direct investment last year than it invested abroad, data from the…
Abu Dhabi Islamic Bank opens swanky London branch
Abu Dhabi Islamic Bank, the second-largest Islamic lender in the United Arab Emirates (UAE), opened its first branch in London's…
Emirates Islamic Bank launches first Islamic banking iPhone application in UAE
Emirates Islamic Bank, one of the Islamic financial institutions in the region, announced the launch of its Mobile Banking…
Emirates NBD AM named 'Best Asset Management Company'
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, the leading bank in the region, announced today…
International legal practice advises Majid Al Futtaim Group on its MTN and Sukuk programmes
Norton Rose Group has advised the Majid Al Futtaim Group on the simultaneous update of its $2bn Global Medium Term…
HSBC survey ranks UAE in top three countries for exapts
The UAE ranks as the third best country in the world for expats based on a host of parameters, including…
Baker and McKenzie advises Banque Saudi Fransi on first Sukuk issue
Baker & McKenzie has advised Banque Saudi Fransi, Saudi Arabia's fifth biggest bank by market capitalization, on its debut $750m…
IDB exploring microfinance options in UK
The Islamic Development Bank (IDB) is exploring social and financial inclusion opportunities in the UK including the provision of community-based…
DIFC ties up with Australia Gulf Council
Dubai International Financial Centre (DIFC), the financial and business hub connecting the region’s growth markets with the markets of Europe,…
BankMuscat celebrates its Singapore operations
BankMuscat hosted a celebration in Singapore to mark the successful operations of its Representative Office launched in October 2011. A…