Saudi mortgage finance firm eyes US debut issuance
The Saudi Real Estate Refinance Company, the mortgage finance giant owned by the Kingdom’s sovereign wealth fund, the Public Investment…
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Citi retail units seen fetching $6bn as sales kick off
Citigroup could fetch as much as $6bn from the sale of retail banking assets in 13 markets across the Asia-Pacific…
Dubai's Shuaa to pay $20.6mln cash dividends after profits more than doubled
Asset management and investment banking firm Shuaa Capital is set to distribute more than 76 million dirhams ($20.6 million) in…
Moving away from LIBOR: Islamic Development Bank issues SOFR-linked sukuk
The Jeddah-based Islamic Development Bank has issued its first-ever Secured Overnight Financing Rate (SOFR)-linked sukuk in the global capital markets.…
Turkey's cryptocurrency pain grows with second exchange collapse
Turkey's cryptocurrency pain grows with second exchange collapse Istanbul: Turkey's cryptocurrency investors were dealt another blow after a second…
UAE, UK host anti-money laundering training sessions
The Ministry of Foreign Affairs and International Cooperation and UK's Her Majesty's Revenue and Customs held a series of joint…
QNB Group receives 'Green Market Pioneer in Qatar' award
QNB Group has won the ‘Green Market Pioneer in Qatar’ award at the ‘6th Climate Bonds Awards’ announced by the…
Saudi Central Bank issues SR200 banknote to celebrate 5th anniversary of Vision 2030
The Saudi Central Bank announced its intention to issue a “Two Hundred” denomination of the Saudi currency, on the occasion…
ADCB PJSC reports first quarter 2021 net profit of AED 1.121 billion
Abu Dhabi Commercial Bank PJSC has reported its financial results for the first quarter of 2021 (“Q1’21”). Strong financial…
Johan Made appointed Chief Commercial Officer at IFS
IFS has announced the appointment of Johan Made as Chief Commercial Officer. In the newly created role, Made will be…
Markaz wins Kuwait's 'Best Investment Bank' for 2021
Kuwait Financial Centre “Markaz” was recently named the ‘Best Investment Bank in Kuwait’ for 2021 by Global Finance Magazine, the…
Edgar, Dunn & Company promotes MENA leader Jean Sideris
Edgar, Dunn & Company has promoted the leader of its Middle East office – Jean Sideris – to director. …