Saudi is said to be planning sale of local currency bonds
Saudi Arabia, the country with the world’s lowest debt-to-GDP ratio, is evaluating the sale of local currency bonds to bridge…
Trading, Broking & Stock Exchanges
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UAE Exchange Enhances Customer Experience with Innovative SAP Cloud for Customer Platform
Customer experience is all set to take a new leap at UAE Exchange , with the leading global money transfer,…
Egypt's currency devalued in attempt to encourage investment
The Egyptian pound has fallen to a new low against the US dollar, the second such drop in days, the…
Saudi is said to be planning sale of local currency bonds
Saudi Arabia, the country with the world’s lowest debt-to-GDP ratio, is evaluating the sale of local currency bonds to bridge…
Islamic Bonds In Sub-Sahara: UAE Now No. 4 For Foreign Investment
A number of African countries have opted to issue sukuk, or Islamic bonds, as an alternative to raise funds for…
Anonymous cyber hackers hit UAE banking websites
Several UAE banks were hit by a co-ordinated cyber attack, known in the trade as a distributed-denial-of-service attack, on Tuesday,…
Bank of China marks bond listing on Nasdaq Dubai
Tian Jun, general manager, Bank of China Abu Dhabi Branch, yesterday (July 1) rang the market-opening bell to celebrate the…
Saudi-based APICORP picks 4 banks for international sukuk issue
Saudi Arabia-based Arab Petroleum Investments Corp (APICORP) has mandated four banks for a debut international sukuk issue this year, according…
Arab-U.S. bank relations suffer despite good governance
Some Arab banks are facing difficulties in dealing with U.S. banks despite having fulfilled all international requirements on supervision and…
Gulf Islamic Bond Sales Disappoint
This year is shaping up to be a disappointing one for Islamic bond sales in the six-nation Gulf Cooperation Council. …
Abu Dhabi Global Market Consults Open Market on its Draft Financial Services Regulations
Abu Dhabi Global Market has announced that it has published its draft financial services legislation, which includes the Financial Services…
Global assigned to manage USD40mn portfolio of non-core assets for a Kuwaiti bank
Global Investment House has announced that its Special Situations Asset Management team has signed a portfolio management agreement with one…