Abu Dhabi Islamic Bank finances Saudi property acquisition in Manchester
Abu Dhabi Islamic Bank said on Tuesday it provided financing to Saudi Arabia’s Cedar Tree Investments to buy a 280…
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Kuwait's Burgan Bank hires HSBC, JPMorgan to coordinate bond sale
Kuwait’s Burgan Bank has hired HSBC, JPMorgan to coordinate fixed income investor meetings ahead of a potential issue of a…
Syndicated 2-year term financing facilities for United Arab Bank
United Arab Bank has announced the successful conclusion of its US$ 195,000,000 2-year Syndicated Term Loan Facility signed on 19…
Abu Dhabi Financial Group Agrees to Merge With Dubai's Shuaa
Abu Dhabi Financial Group agreed to a reverse merger with Shuaa Capital PSC that will create an investment bank managing…
Why Warren Buffett thinks now is the time to invest in UAE housing
The local real estate has been the subject of much conjecture in recent months. But with local Purchasing Manager…
United Arab Emirates Regulatory Update
Background ADGM legal framework consists of 4 sets of legislation: Commercial Legislation, FRSA Legislation, ADGM Court Legislation and Arbitration…
Abu Dhabi puts emphasis on growth of private sector
Abu Dhabi is seeking to increase the contribution of private sector by 5 per cent in the next three years…
IBM bolsters investment in Egypt with two new Centersto accelerate digital transformation
IBM has announced the expansion of its operations in the Middle East and Africa with the opening of an Innovation…
Qatar shares extend losing streak amid weakened buying interests
The Qatar Stock Exchange extended its bearish run to the third straight session to fall below the 10,500 level despite…
UAE-based RAKBANK repays $800mln bond
The National Bank of Ras Al Khaimah, RAKBANK, has announced the repayment of the outstanding nominal amount of US$681.67 million…
Sharjah Islamic Bank Issues Lowest Ever Additional Tier 1 USD Issue in GCC
Sharjah Islamic Bank, leading islamic bank in the UAE has priced its debut Additional Tier 1 (AT1) Sukuk by raising…
Etisalat, Noor Bank launch eWallet in UAE
Etisalat and Noor Bank have partnered to launch eWallet, a new digital payment service aimed at empowering UAE customers with…