G20 vow to promote growth but rifts remain
The world’s top 20 economies on Tuesday agreed to take steps to promote global growth but struggled to overcome rifts…
Regulation, Risk & Compliance
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Shuaa Capital unit eyes Saudi leasing market with new licence
Gulf Finance Corp, a wholly owned subsidiary of Dubai's Shuaa Capital, will offer sharia-compliant leasing products in the Saudi Arabian…
Abu Dhabi Global Market draft rules reviewed by King & Spalding Middle East & Islamic Finance Group
The stated aim of the Real Property Regulations is to reflect a modified “torrens”- type real property registration regime for…
The real ‘housewives’ of HSBC
It was just a day in the life of a housewife. Hanne Tox, a Danish woman then 57 years…
Mena firms told to project brands better globally
Local businesses in the UAE have called upon major companies in the Middle East to project their brands better abroad…
Bank Asya Seizure Hastens Turkey’s Islamic Finance Drive
Turkey’s takeover of Bank Asya is making the government an even bigger player in the Islamic finance industry, just as…
Gov't signs draft deal for $100m soft loan with Kuwait fund
The Planning Ministry and the Kuwait-based Arab Fund for Economic and Social Development recently initialled a draft agreement for a…
Alpen Capital LLC – Abu Dhabi licensed by Securities and Commodities Authority
Alpen Capital LLC - Abu Dhabi has been granted a license by the Securities and Commodities Authority to provide Financial…
UAE bank offers ‘highest’ savings interest rate
Tired of getting a paltry interest rate on your savings account? Savers in the UAE can now have the opportunity…
Gulf Finance Corporation obtains SAMA license in Saudi Arabia
The new license issued by SAMA (the “Saudi Arabian Monetary Agency”) allows Gulf Finance Corporation to officially practice in three…
Passport to overseas success
As some areas of the Middle East lurch deeper into political tumult, wealth managers, law firms and financial brokers are…
ADCB property unit in ISO recertification success
Abu Dhabi Commercial Properties, a property services unit of Abu Dhabi Commercial Bank, said its ISO 9001 (quality standard) registration…