Saudi CMA approves Saudi Investment Bank plans to increase capital
The Capital Market Authority Board has issued a resolution approving The Saudi Investment Bank’s request to increase its capital from…
Investment Banking
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Dubai Islamic Bank Mandates Banks for Possible Perpetual Sukuk
The lender appointed HSBC Holdings Plc, Standard Chartered Plc (STAN), Al Hilal Bank PJSC, Dubai Islamic Bank, Emirates NBD Capital…
CI affirms new ratings of Al Rajhi Banking & Investment Corporation
Capital Intelligence today announced that it has affirmed the ratings of Al Rajhi Banking & Investment Corporation, based in Riyadh,…
Mumtalakat secures $500m loan from banks
Bahrain-based sovereign fund Mumtalakat has secured a revolving credit facility of $500m from various banks. Mumtalakat plans to use…
QNB announces a new Global Domain Name QNB.com
QNB Group , "One of the World's Strongest Banks", has revealed a key milestone in its global banking ambitions with…
Pakistan high growth to boost UAE business ties
Pakistan's high growth and economic expansion will boost its business relations with the UAE and globally during fiscal-2015. The…
Union Bank of India mulls expansion in wider GCC
Union Bank of India, one of the largest government-owned banks in the third largest Asian economy, is pondering the expansion…
UAE bourses set for a fresh start
The UAE bourses are set to make a fresh start this year after experiencing a rollercoaster ride in 2014 due…
Upward trend in banking to continue
The UAE banks are going to close their balance sheets for 2014 on a higher note as they are amply…
KFH: USD 350 Mln Syndicated Club Murabaha Facility for KFH-Turkey with Participation of 12 Global and Regional Banks
Kuwait Finance House has announced the successful conclusion of USD 350 Mln syndicated club murabaha facility for KFH -Turkey. …
Banks slip in attracting top talent in the UAE
Business students from local UAE universities choose airports and airlines, software companies and the fast-moving consumer goods (FMCG) sector as…