MENA Private Equity Association Launches at DIFC
The MENA Private Equity Association announced its official launch at the Dubai International Finance Centre this week. The Association is…
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Ithmaar Bank focusing on IT to boost growth
Ithmaar Bank is pressing ahead with ambitious expansion plans and focusing on technology to drive its growth forward. The Islamic…
Deutsche Bank awarded for its Islamic Finance business
Deutsche Bank has won Islamic Finance news “Best Islamic Trustee/Custodian 2011” Award. In addition, Deutsche Bank received the awards for…
Bank merger sealed in Greece
The adjourned A´ Repeat Extraordinary General Meeting of the Shareholders of EFG Eurobank Ergasias S.A. which convened today, resolved the…
NBAD appoints new mergers head
The National Bank of Abu Dhabi (NBAD), has appointed a new head of mergers and acquisitions (M&A) to work in…
Al Hilal confirms $500m sukuk mandate
Abu Dhabi government-owned Al Hilal Bank has confirmed the appointment of three banks to manage its debut $500 million Islamic…
Challenges in wealth management
The top 10 cities of India contribute at least 70-80% of investments into mutual funds (MFs). The number of demat…
Banque Saudi Fransi inks major deal
The Saudi Fund for Development of the Saudi Export Program has signed a cooperation agreement with Banque Saudi Fransi. The…
Risk-aversion boosts Saudi banks’ 2011 profits
Better efficiency spawned by post-crisis risk-aversion policy boosted the combined net earnings of Saudi banks by around 18.4 per cent…
Sheikhs fall in love with renminbi
China and Qatar have been taking virtually opposite positions apropos events in Libya and Syria. Yet, they do not seem…
UAE leads Islamic banking world
Mohamed Hamed Rashid is confident on his investment structure. Already, he has thrown over $100,000 into funding a new alternative…
Exclusive: Dubai's Zabeel Investments' $1.6 billion debt talks
Debt restructuring talks at Zabeel Investments, owned by the crown prince of Dubai, have ground to a halt with multiple…