Abraaj in Talks to Sell Fund Unit Stake to Colony NorthStar
Abraaj Group, the Middle East buyout firm roiled by allegations of misused funds, is in talks to sell a majority…
Regulation, Risk & Compliance
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Bahrain's GFH Financial hires GIB to seek Saudi listing
Bahrain-based investment firm GFH Financial Group has hired Gulf International Bank to help it seek a cross-listing on Saudi Arabia’s…
Boursa Kuwait wins 'Most Improved Company' Award at the Banker Middle East Industry Awards
Building on an already impressive start to 2018, Boursa Kuwait won the ‘Most Improved Company’ award at the 2018 Banker…
OAB Enters into Partnership with Emirates
Oman Arab Bank (OAB), in its constant endeavour to offer its customers the best possible banking experience with great value…
Qatar has substantial capacity to diversify economy: IMF official May 03 2018 09:14 PM
The International Monetary Fund's Middle East and North Africa department director, Mohammed El Qorchi, said the State of Qatar has…
Nomura: Remittances may take a hit from Kuwait deployment ban
A permanent ban on the deployment of Filipino workers to Kuwait may affect remittances in the medium-term, with dollars flowing…
CIBAFI launches its third Global Forum
The General Council for Islamic Banks and Financial Institutions, the global umbrella of Islamic financial institutions organised its third Global…
The impact of VAT on key Kuwaiti sectors – SPECIAL REPORT
Decrease in oil prices have led the member countries of GCC in search for alternative means of revenue. One way…
Technology and regulatory changes to have transformative effect on Omani banks: KPMG
Oman’s banking sector remains in a fairly robust position underpinned by strong asset growth and innovation through technology, which is…
Kuwait owns 6% of Islamic banking assets: Central Bank
Kuwait accounts for around six percent of all Islamic banking assets in the world, the Central Bank of Kuwait’s (CBK)…
QDB signs deal with 5 global VC firms for QR100mn SME fund
Qatar Development Bank (QDB) signed agreements yesterday with five international venture capital firms that would provide more than QR100mn worth…
Banks Forced Into Qatar-Saudi Feud
Bankers have tried to stay neutral in the diplomatic fight between Qatar and its neighbors, Saudi Arabia and the United…