ADNIC partners with FAB to offer customers new payment options
Abu Dhabi National Insurance Company has partnered with First Abu Dhabi Bank to provide customers with a new easy payment…
Hedge Funds & Alternative Investments
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KIB mulls $300 million Sukuk issuance
Kuwait’s Capital Markets Authority has approved Kuwait International Bank’s request to issue up to $300 million perpetual additional tier 1…
Miral Closes Two Residential Plot Sales at Yas Bay
Miral has signed two land sales at Yas Bay with Siadah International Real Estate Development LLC, which in its turn…
CI Capital Asset Management managed equity funds "Estithmar" and "Halal" awarded 6 prestigious awards
CI Capital Asset Management won 6 new prestigious Lipper Fund Awards by Refinitiv – formerly the Financial and Risk business…
Dubai’s Jebel Ali freezone waives Dhs35m in fines
Dubai’s Jebel Ali freezone (Jafza) will waive an estimated Dhs35m in fines owed by its customers, it announced on Sunday.…
Abu Dhabi named as one of the most family-friendly cities in the world
Abu Dhabi has been named as one of the most family-friendly holiday destinations in the world – and we’re not…
Qatar shares close flat as local retail investors turn bearish
The Qatar Stock Exchange on Sunday opened the week largely flat as buying interests in the insurance, industrials and real…
Arabtec CEO steps down, CFO appointed acting head
Hamish Tyrwhitt, the CEO appointed to turn around the fortunes of the UAE contracting group Arabtec, has stepped down from…
London firm to invest $440mln in Oman algae farm
London-based Feed Algae plans to invest RO167.5 million ($440 million) to develop one of the world’s largest algae farms in…
New system to boost UAE finance sectors's integrity
The Central Bank of the UAE has developed a Persona Non Grata System in order to restrict persons with questionable…
UAE makes plans for expat retirement benefits fund
The UAE’s Federal Authority for Government Human Resources has begun moves to develop a new fund-based system for expat workers…
Standard Chartered launches the world’s first Sustainable Deposit
Standard Chartered has launched the world's first sustainable deposit – a product for corporate and institutional clients, the funds from…