Enoc Group gets $690m term loan from Chinese banks
UAE-based Emirates National Oil Company Group has secured a five-year term loan worth $690 million from a Chinese consortium of…
Regulation, Risk & Compliance
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Saudi Crown Prince's economic policies baffle local private sector: Report
Saudi Arabia's economic reforms have left the country's private sector dazed and hurt by fluctuating policies, political misshaps and a…
Dubai Islamic Bank Board Recommends Buying Local Competitor
Dubai Islamic Bank PJSC is proceeding with plans to acquire a smaller local rival as the United Arab Emirates’ biggest…
Shuaa Capital nears merger with Abu Dhabi's ADFG
Shuaa Capital is close to finalising a merger with its largest shareholder Abu Dhabi Financial Group, as the Dubai-listed investment…
ABX wins approval for crypto asset exchange and custodian
Arabian Bourse has received in-principle approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market to set up…
Most Mideast Markets Rise as Traders Return to Desks: Inside EM
Middle East stocks generally advanced on Sunday, catching up with emerging-market peers, as traders returned to work following holidays. …
Finance ministers call for creation of digital tax for tech companies
The Finance Ministers of the G20 member nations on Saturday called for the creation of a digital tax for multinational…
Qatar Imposes Additional Restrictions on UAE's Largest Bank
QATAR has placed further restrictions on First Abu Dhabi Bank, the United Arab Emirates' largest lender, as it continues a…
Here We Go Again by Gary Dugan
Central Bankers come to the rescue of the markets Fed and ECB appear on track to supporting their respective economies…
DIB gets regulatory nod to acquire Noor Bank
Dubai Islamic Bank said on Monday it has received regulatory nods to acquire 100 per cent in Noor Bank, through…
Emaar signs MoU with China’s BNA
Dubai-based developer Emaar is partnering with Beijing New Aeropolis Holdings (BNA) to jointly develop a business and tourism complex within…
KFH Group achieves leading positions in arranging Sukuk issuances globally and regionally
Chief Investment Banking Officer at KFH Capital, Right arm of KFH Group, Mr. Abdullah Sulaiman Al-Haddad said that “ The…