Tamwily, SRB in deal to meet shariah compliance needs
Saudi Arabia-based finance company Tamwily and Shariyah Review Bureau (SRB) have signed a partnership deal covering shariah supervision, monitoring and…
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DIFC appoints Arif Amiri as Deputy CEO
Dubai International Financial Centre (DIFC) Authority has appointed Arif Amiri as the deputy chief executive officer. Amiri will direct the…
FGB and LIC International to launch 'first' insurance co-branded credit card in the region
FGB , one of the leading banks in the UAE and LIC International , a JV companyof LIC of India,…
Four forecasts about an uncertain year ahead for the UAE and beyond
Ah, the joy of being right. I made four predictions in this column at the end of last year, and…
Dubai closer to becoming Islamic finance hub
The global Islamic economy continued to grow in 2014, and Dubai made solid progress towards its ambitious target to be…
DGCX launches three new Emerging Market currency futures
Expanding its suite of Emerging Market (EM) products, the Dubai Gold and Commodities Exchange (DGCX), today announced the launch of…
Dubai FDI and Shurooq create partnership to enhance investor network
The Dubai Investment Development Agency, an agency of the Department of Economic Development, and the Sharjah Investment and Development Authority…
KFH: USD 350 Mln Syndicated Club Murabaha Facility for KFH-Turkey with Participation of 12 Global and Regional Banks
Kuwait Finance House has announced the successful conclusion of USD 350 Mln syndicated club murabaha facility for KFH -Turkey. …
Mövenpick Dubai sold by Alwaleed's Kingdom Holding for $95m
Dubai-based Kingdom Hotel Investments, a subsidiary of Saudi Arabia's Kingdom Holding Company, has sold its 100 percent interest in Movenpick…
Saudi Arabia plans to open stock market to foreign investors in April
Saudi Arabia is reportedly preparing to throw open its $509bn stock exchange, the largest equity market in the Middle East,…
Interview: Julius Baer CEO On Bank’s Mid-East Growth Plans
It’s around 10 am on an expectedly sunny Dubai morning as I’m escorted through to a dining table in the…
Mergers and acquisitions boom in Middle East
After a strong year for cross-border mergers and acquisitions (M&A), the Middle East region is poised to witness a further…