Abu Dhabi’s financial hub plans may take time to gather momentum Tara Gally
As Abu Dhabi prepares to start operations at its brand new financial centre, the emirate has a fight on its…
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DIB Sees India as Emerging Islamic Finance Market, CEO Says
Dubai Islamic Bank PJSC, the United Arab Emirates’ biggest Shariah-compliant lender, is exploring an entry into India as it seeks…
Qatar banks well-capitalised: Sheikh Abdulla
Qatar's banks are well-capitalised and the loans-to-assets quality has been improving; indicating financial soundness of the sector in line with…
Middle East, Africa to drive banking sector growth
Globally, emerging markets are enduring pressures which are prompting a review of original gross domestic product forecasts. Despite this,…
Qatar Exchange announces revisions to QE Indexes
QE Al Rayan Islamic Index Zad Holding will join QE Al Rayan Islamic Index, bringing the number of its…
Qatar halves Treasury bill sale as bank liquidity tightens
Qatar's central bank unexpectedly halved the size of a routine Treasury bill sale on Thursday, a sign that low oil…
Nikko Asset Management offers fund for ME investors
Nikko Asset Management, a leading asset manager, has launched a Luxemburg-domiciled Asia ex-Japan Equity UCITS fund that will allow Middle…
QInvest launches Islamic real estate fund
QInvest has announced that it has launched the QInvest Pramerica Liquid Real Estate Fund in partnership with Pramerica Real Estate…
Qatar's UDC signs $203 mln financing deal with two local banks
Qatar's United Development Company has signed a financing deal to borrow 738 million riyals ($202.65 million) from Qatar National Bank…
Citigroup said to win approval to trade Saudi stocks
Citigroup Inc has won approval to trade Saudi Arabian equities, its first banking licence since exiting the country in 2004,…
Latham & Watkins Advises ADIB on its Successful Rights Issue
Latham & Watkins has advised Abu Dhabi Islamic Bank PJSC, one of the leading Islamic banks in the Middle East,…
ANALYSIS: Does Riyadh's $70bn foreign assets withdrawal spell trouble?
Pressure from falling oil prices and the Saudi-led coalition’s war in Yemen have pushed Saudi Arabia’s central bank to withdraw…