Qatar First Bank EGM approves resolution for capital reduction
Qatar First Bank’s extraordinary general meeting yesterday adopted a special resolution to approve the bank’s board of directors share capital…
Regulation, Risk & Compliance
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Gulf Capital closes long-term AED500m revolving credit facility
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility…
QFFD signs Guinea pact to fund projects in rural areas
Qatar Fund for Development signed an agreement with the Ministry of Agriculture and Livestock and the Ministry of Energy and…
Cabinet approves KPC to borrow from various institutions to finance
The Cabinet has approved Kuwait Petroleum Corporation to borrow from various institutions to finance its investment programs during the next…
National Bonds Unveils New Identity of Its Sukuk Trading Platform
To Enhance Liquidity to Islamic Banks: National Bonds Unveils New Identity of Its Sukuk Trading Platform “Al Manasah”…
Edamah signs an agreement with KFH-Bahrain to finance its Sa'ada Development
Bahrain Real Estate Investment Company has signed an agreement with KFH–Bahrain, one of the leading Islamic Banks in the Kingdom…
Jersey Finance Developments in the Middle East
Attention to the Gulf region remains significant from Jersey’s forward-thinking finance industry. We are seeing continued Jersey investment into operations…
Bahrain set to host InsurByte conference in June
Bahrain FinTech Bay (BFB) will host the InsurByte Conference 2019, under the patronage of the Central Bank of Bahrain, titled…
UAE, Saudi Arabia provide $US3 billion in assistance to Sudan
The UAE and Saudi Arabia have announced a joint initiative to support the brotherly people of Sudan. The initiative…
The benefits of opening an offshore company in the UAE for your business
The UAE is a rapidly developing state with one of the highest standards of living in the world. Emirates…
British University in Dubai, Dubai Blockchain Center, University of Nicosia supporting knowledge transfer in blockchain technology
The British University in Dubai (BUiD) signed a Memorandum of Understanding (MoU) with the Dubai Blockchain Center and the University…
DFSA takes action to protect the integrity of Islamic Finance
The Dubai Financial Services Authority has imposed restrictions on David Barnett and Christopher Steer following an investigation into their conduct…