UAE’s NBAD Integrates Ripple Blockchain Tech for Cross Border Fund Transfer
The blockchain industry in the Middle East is driven by the United Arab Emirates. The National Bank of Abu…
Investment Banking
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Raed AlHaqhaq confirmed as deputy CEO for Burgan Bank
Burgan Bank announced yesterday the approval of the nomination of Raed Al-Haqhaq to the position of Deputy CEO – Burgan…
Turkey's Aktif Bank gets nod to raise $120 mln via sukuk
Aktif Bank, Turkey's largest privately-owned investment bank, has received regulatory approval to sell up to $120 million via Islamic bonds,…
NBAD becomes the first bank in MENA to go-live on Blockchain
The new channel is intended to allow regional customers to utilize a simple, real time and secure way to process…
GIB successfully launches US$500 million five year bond
Gulf International Bank’s latest bond issue met with robust demand as the bank on 18th January, 2017 successfully priced its…
FGB – NBAD merger update
Led by the Integration Steering Committee and Integration Management Office, integration planning remains on schedule and the organisational structure is…
UAE country focus
The UAE is on track to emerge as the best-performing economy in the MENA region in 2017 and 2018, according…
Why is Dubai one of the best cities for the wealthy to invest in?
Despite continuing reports of slowing demand and weak oil prices, Dubai is still attracting a lot of interest from the…
MUFG hires two PWC executives to EMEA investment banking team
Mitsubishi UFJ Financial Group appointed Stuart Randell and Anders Maehre to the leveraged finance team in its EMEA investment banking…
Kuwait's credit growth stands at 4.4 pct in Nov.
Credit growth slowed once again in November, as outstanding debt saw another decline during the month, a reported by the…
Abu Dhabi fund invests $400m into Sudanese bank
Abu Dhabi Fund for Development has deposited Dh1.47 billion into the Central Bank of Sudan to secure increased liquidity and…
Will Turkey central bank increase interest rates to help lira?
Turkey’s central bank faces a major credibility test when it meets on Tuesday, with investors hoping for a significant interest…