Uncategorized Archives - Page 1644 of 3971 - Managers of Wealth Middle East

Could Artificial Intelligence be the answer to economic diversification in the GCC?

November 21, 2019

Witnessing a global shift towards Artificial Intelligence (AI) in recent years, the Gulf Cooperation Council (GCC) states have introduced advanced…

FinTech

MOF Announces Strategic Partnership With Finovate Middle East

November 21, 2019

The Ministry of Finance announced its strategic partnership with the second edition of Finovate Middle East, a pioneering event in…

Comment & Analysis

Crypto-currencies pose no threat to Oman’s financial sector: CBO

November 21, 2019

Crypto-currencies, which reportedly have generated fabulous returns and losses as well for investors elsewhere around the world, do not currently…

Comment & Analysis

Private equity poised as UAE relaxes restrictions

November 21, 2019

The United Arab Emirates has seen enormous change. Oil wealth has transformed the desert into a landscape of resorts, skyscrapers…

Comment & Analysis

Saudi Arabia has potential to be hub for green finance for emerging markets – KPMG

November 21, 2019

Saudi Arabia can become the centre for green finance for emerging markets, which will bring huge economic and commercial benefits…

Regulation, Risk & Compliance

Emirates NBD raises $1.76 bln in an oversubscribed rights issue

November 21, 2019

Emirates NBD Bank ENBD.DU raised 6.45 billion dirhams ($1.76 billion) by issuing new shares after the capital call was oversubscribed…

Investment Banking

Credit Suisse Waves Goodbye to Saudi Deal

November 21, 2019

Low demand for shares of Saudi Aramco has consequences for Switzerland’s Credit Suisse – the bank is no longer in…

FinTech

Bahrain bank, China firm create $50m venture capital fund for Middle East tech market

November 21, 2019

A new $50m venture capital fund has been launched by Al Salam Bank-Bahrain (ASBB) in partnership with China-based MSA Capital…

Hedge Funds & Alternative Investments

CMA allows SICO to offer asset management services in Saudi Arabia

November 21, 2019

SICO BSC, a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the…

Hedge Funds & Alternative Investments

LIBOR transition a challenge for small portion of sukuk market: Fitch Ratings

November 21, 2019

The transition to new risk-free rates creates challenges for the small portion of the sukuk market that reference legacy IBORs,…

Islamic Finance

UAE's largest Shariah-compliant bank is about to get bigger: Dubai Islamic board to meet Nov 25 re Noor Bank acquisition

November 20, 2019

The board of Dubai Islamic Bank will meet on November 25 to discuss the acquisition of Noor Bank, it said…

Hedge Funds & Alternative Investments

Saudi mall operator Arabian Centres sells $500 mln debut Islamic bonds

November 20, 2019

Saudi mall operator Arabian Centres is set to raise $500 million with a debut issuance of international Islamic bonds, or…

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