Abu Dhabi issues USD 5 billion in multi-tranche
8 times oversubscribed at approximately USD 24 billion (peak orderbook) The 50-year tranche is the longest term for a GCC…
Regulation, Risk & Compliance
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First Abu Dhabi Bank to begin talks with Israeli banks
First Abu Dhabi Bank the UAE's largest bank by assets is planning to start talks with two Israeli banks, Bank…
Wafa Life Insurance Egypt licensed to operate in Life and Health
On August 25th, 2020, the Financial Regulatory Authority of the Arab Republic of Egypt (FRA), responsible for supervising and regulating…
Intellect Design spurts after deal with Samba Financial Group
Intellect Design Arena hit an upper circuit of 5% at Rs 195.30 after the company announced a large deal win…
Abu Dhabi oil group reaches $5.5bn real estate deal with Apollo
Abu Dhabi’s state oil company has sealed a long-term investment partnership with a consortium led by Apollo Global Management, which…
DMCC, ENBD to offer payment plan at zero interest
Dubai’s free zone DMCC has partnered with Emirates NBD to offer DMCC member companies the opportunity to spread out payments…
UAE, Israel agree to establish committee for banking and financial cooperation
Abdulhamid Saeed Alahmadi, Governor of the UAE Central Bank, and Ronen Peretz, Director-General of the Israeli Prime Minister's Office, have…
Bank Muscat offers special home insurance plans from AXA Insurance
Furnishing homes with treasured possessions can take a lifetime, but sometimes, accidents and disasters can happen when least expected. …
CBO issues treasury bills worth OMR48 million
Oman’s central bank raised OMR48 million by way of allotting treasury bills on Tuesday. The treasury bills are for…
First Abu Dhabi Bank to Start Talks With Israeli Lenders
First Abu Dhabi Bank PJSC plans to start talks with Bank Hapoalim and Bank Leumi to forge cooperation in the…
Easing of restrictions to support revival of banking sector in the region: Kamco Invest
The easing of restrictions and the restart of economic activity will support a banking sector revival in the Gulf Cooperation…
UAE makes it mandatory for hawala service providers to register
The UAE has made it mandatory for Hawala service providers in the country to register, as the country strengthens its…