Banking System Employs AML, CFT Measures
Iranian banks are now able to employ all anti-money laundering measures and the framework for combating the financing of terrorism,…
Investment Banking
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Bank Sohar Names CFO and AGM of Compliance
Bank Sohar on Tuesday announced the appointment of Pieter De Witt as the bank’s new chief financial officer and Khalid…
Riyad Bank establishes a Special Purpose Vehicle entity
It is a limited liability company, fully owned by the bank and registered with authorised capital of $50,000, based in…
Bank Muscat reiterates commitment to SME development in the sultanate
Bank Muscat, the flagship financial services provider in the sultanate, and Meethaq Islamic Banking extended support to the three day…
Bank of Israel and Sama triumph in latest Central Banking Awards
The Bank of Israel and Saudi Arabian Monetary Authorityhave been praised for their work in the management of reserves and…
Emirates Investment Bank reports preliminary full year 2016 results
2016 has been a landmark year for Emirates Investment Bank, during which the validity of our market positioning strategy and…
Barclays Extends Enterprise Skills Programme to UAE Students
In line with its ‘Shared Growth Ambition’ program and global commitment to cultivate employability and financial skills in the communities…
Europe's EBRD in talks on co-investments with Gulf sovereign funds
The European Bank for Reconstruction and Development is in talks with Gulf sovereign wealth funds to invest jointly, and hopes…
Consortium acquires billion dollar stake in Arab Bank Group
Led by Arab Bank Chairman, Sabih al Masri, a consortium of investors bought a 20 per cent stake in Arab…
Dubai's troubled Arabtec working with boutique investment bank Moelis -sources
Loss-making Dubai construction firm Arabtec is working with boutique investment bank Moelis to study options for the company's capital structure,…
UniCredit to open Abu Dhabi branch this year
UniCredit will open a branch in Abu Dhabi’s nascent financial district by the summer, Jean Pierre Mustier, the Italian lender’s…
Abu Dhabi owners chart new course at Shuaa Capital
The new Abu Dhabi-based owners of Shuaa Capital said their strategy to breathe life into the struggling Dubai investment bank…