Saudi CMA approves Saudi Investment Bank plans to increase capital
The Capital Market Authority Board has issued a resolution approving The Saudi Investment Bank’s request to increase its capital from…
Hedge Funds & Alternative Investments
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Corporates targeting sukuk amid oil price slide
Companies in the UK and Hong Kong may be among those selling sukuk this year as they follow debut issues…
KFH’s Investment Products Reinforce Future Planning
Kuwait Finance House (KFH), the world leading Islamic financial institution, offers KFH clients and those who wish to plan correctly…
Abu Dhabi Finance Firm TNI Says CFO Resigns, Replacement Named
Rami Hurieh took over as CFO effective from January 4 after the departure of Jean Ayoub, TNI said in a…
Takaful International sets annual fees
Bahrain-based Takaful International has announced fees sanctioned by its Shari’ah Supervisory Board for the financial year 2015. The company’s…
Mumtalakat secures $500m loan from banks
Bahrain-based sovereign fund Mumtalakat has secured a revolving credit facility of $500m from various banks. Mumtalakat plans to use…
Dubai's Rivoli inks deal to add Ermeneglido Zegna to brands portfolio
Rivoli Group, which has more than 300 outlets across the Gulf region, has signed an agreement to add a new…
BHB, CBB allow investors to trade in government bonds, primary market sukuk
Bahrain Bourse announced that it has launched, in cooperation and coordination with the Central Bank of Bahrain for the first…
Pakistan high growth to boost UAE business ties
Pakistan's high growth and economic expansion will boost its business relations with the UAE and globally during fiscal-2015. The…
VP approves Dubai’s budget with no deficit ,
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,…
RAK targets Dubai investors with new centre
The Ras Al Khaimah Investment Authority, a major business destination in the Middle East, has launched its first service centre…
Bahrain banks' assets register steady growth
Assets of 34 Bahrain-domiciled banks have grown by $568 million to $154.046 billion at the end of the first half…