ADIB releases outlook on regional and global investment climate
Mohammed Azab, Head of Private Banking, and Shahzad Ali, Head of Investment Advisory (Private Banking), presented the outlook to 100…
Hedge Funds & Alternative Investments
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Friends Provident International appoints Philip Cernik as Chief Marketing Officer, MEA
Friends Provident International has appointed Philip Cernik as Chief Marketing Officer for the Middle East and Africa region. Cernik, who…
‘Oasis of Innovation in Islamic Economy’ digital portal launched
The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority officially launched today the digital portal of…
Libya asks UN to ease wealth fund sanctions
Libya on Thursday asked the UN Security Council to allow its sovereign wealth fund to manage accounts frozen under UN…
Abu Dhabi developer reveals plans for UAE's largest aquarium
It will be built on 2.4km of waterside land in the Maqta area of the city under a musataha agreement…
GlobeOp Founder Returns to SS&C
SS&C Technologies has announced the appointment of Ron Tannenbaum as Managing Director of Business Development for Europe, Middle East, and…
GCC has enough levers to pull to avoid crisis
According to Gary Dugan, chief investment officer — Private Banking at Emirates NBD, these levers include reserves and assets that…
HSBC Among Banks Lending Bahrain $570 Million for Energy
Bahrain’s oil investment company Nogaholding is taking a $570 million Islamic loan to pay for expansion projects, including improvements to…
Iran paves way for corporates with lease-based Islamic bonds
Iran's Ministry of Finance has issued 5 trillion rials ($145 million at the free market exchange rate) of lease-based Islamic…
Qatar International Islamic Bank plans Tier 1 Sukuk issue
The meeting delegated the bank’s board of directors' to decide the size of each issuance ,terms and conditions and issuance…
Government of Iran issues Sukuk al Ijarah, banking relations normalising
The issue marks the first use by the Government of Iran of such bonds. Previously, in September 2015, another…
Path Solution joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions
Path Solutions is happy to announce that it has joined CIBAFI, the General Council for Islamic Banks and Financial Institutions…