Safest Islamic Banks In The GCC
Sharia principles have stood the test of time, and while Standard & Poor’s considers Islamic institutions somewhat more vulnerable than…
Comment & Analysis
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Kuwaiti Islamic Banks' Asset Quality and Profitability Under Pressure
Profitability at Kuwaiti Islamic banks will continue to be affected by lower profit rates, lower business volumes and higher financing…
British expats in EU face 'significant disruption' as UK banks close accounts
Many of the 1.8 million British expats living in Europe will have their UK bank accounts closed imminently because of…
Dubai Islamic Bank sells $1b in perpetual sukuk
Dubai Islamic Bank, the United Arab Emirates’ largest Islamic lender, on Thursday sold $1 billion in Additional Tier 1 sukuk,…
Third quarter revenues propel Waha capital into profit
Third quarter performance moves Public Markets division’s flagship funds into positive returns for the year Private Investment division contributes improved…
Despite Brexit, UK still key destination for wealthy Gulf expats
The number of wealthy Gulf nationals living in the UK has reached a five-year high, as the appeal of the…
Bahrain first in GCC to allow use of convertible notes
Bahrain has become the first in the GCC to allow businesses to raise capital via convertible notes – a type…
Louis Dreyfus to gain first outside investor via deal with Abu Dhabi's ADQ
Louis Dreyfus Company has agreed to sell a 45% stake to Abu Dhabi’s ADQ, the companies said on Wednesday, the…
UAE says has no plan for now to increase VAT
The United Arab Emirates has no plan to increase value-added tax (VAT) to more than the current 5%, the ministry…
Swiss Re CEO Sees Global Risks Increasing: Future of Finance
The coronavirus crisis, Brexit, climate change and the end of the Donald Trump-era will disrupt markets and challenge investors and…
Bahrain Development Bank enhances financing activity to support SMEs
Bahrain Development Bank (BDB) significantly stepped up its financing activity to support SMEs during the year with total disbursements increasing…
Praemium doubles down on Dubai
Managed accounts platform Praemium is set to increase headcount in the UAE by 50%. The Australia-headquartered firm is growing…