Banque Misr to sign $500m loan agreement with China Development Bank
Banque Misr will sign a $500m loan agreement with the Chinese Development Bank, with a term of eight years. …
Regulation, Risk & Compliance
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Qatar attends Arab Ministers of Finance meetings
Qatar took part in the meetings of the 8th Ordinary Session of the Council of Arab Ministers of Finance, being…
Foreign investors expect swift realization of pledged reforms
Prior to Sunday's referendum, members of the business world voiced their expectations for a reform-oriented leadership following the constitutional referendum,…
Bahrain’s Bank ABC closes AlbarakaTurk deal with another two inpipeline
The loan to Albaraka Türk, signed last Thursday, was oversubscribed with 12 banks joining from the across the EMEA region,…
The United Arab Emirates become the 109th jurisdiction to join the most powerful multilateral treaty against offshore tax evasion and avoidance
The OECD Headquarters in Paris, His Excellency Muadid Hareb Mughair Al-Khaili, Ambassador of the United Arab Emirates to France, signed…
Abu Dhabi's Mubadala attracts $2.5 bln in Europe private equity deal
Mubadala Capital, an arm of Abu Dhabi's state fund Mubadala, said it had conudcted a private equity transaction with European…
Abu Dhabi Sovereign Fund Finds New Cash Source as Oil Prices Slump
An Abu Dhabi sovereign-wealth fund has agreed to invest money for one of Europe’s biggest private-equity firms, according to people…
IMF lowers economic forecasts for Egypt and Saudi Arabia
The International Monetary Fund has reportedly lowered its economic forecasts for Saudi Arabia and Egypt, two of the Arab world’s…
Your Taxes: Why the Banks are Cranky
They say a leopard never changes its spots. But in recent years Israeli banks have gone from turning a blind…
Albaraka Turk secures $213mln Islamic loan
Turkish Islamic lender Albaraka Turk has secured a $213 million murabaha-based loan syndication, up from the $150 million it initially…
UAE advisers must adapt to regulatory truth
The scale of regulatory change facing advisers in the Middle East will force major changes on The scale of regulatory…
Kuwait's embassy in Washington holds dinner banquet for Speaker AlGhanim
Kuwaiti Ambassador to Washington Sheikh Salem Abdullah AlJaber AlSabah held late Tuesday a dinner banquet in honor of the National…