Qatar's Al Khalij Commercial Bank sets final guidance for $500 mln bond
Qatar’s Al Khalij Commercial Bank has set the final price guidance for a planned $500 million bond sale at 180…
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UAE emerges as wealthiest country in Mena
UAE is the wealthiest country in the Middle East and Africa, with the total wealth held by all the individuals…
GFH to buy $200m sukuk from Al Rajhi
Bahrain-based GFH Financial Group has agreed to acquire sukuk worth $200 million from Al Rajhi Bank, Saudi Arabia’s second-biggest lender.…
Fairway opens Bahrain office
Fairway, who are headquartered in Jersey, will officially launch their new office in the striking United Tower in a ceremony…
StanChart Said to Brace for New Iran Fine of $1.5 Billion
Standard Chartered Plc is bracing for a potential penalty of around $1.5 billion from U.S. authorities for allowing customers to…
ABAX rebrands to Ocorian
Abax Corporate Services - a market leading provider of integrated advisory, corporate and business solutions (including private wealth services) across…
Arab National Bank ‘Best Retail Bank in Saudi Arabia 2018’
World Finance, the London-based internationally reputed financial and banking industry magazine, named Arab National Bank “Best Retail Bank in Saudi…
Kuwait International Bank appoints new Vice Chairman and CEO
KIB recently appointed Raed Jawad Bukhamseen as Vice Chairman and Chief Executive Officer of the Bank, after obtaining the necessary…
SSGA appoints head of SPDR business in EMA
State Street Global Advisors, the asset management arm of State Street Corporation (STT), has appointed Matteo Andreetto as senior managing…
Saudi Arabia’s measures to fight money laundering and the financing of terrorism and proliferation
The Kingdom of Saudi Arabia is achieving good results in fighting terrorist financing, but needs to focus more on pursuing…
QIB selects Volante Technologies’ PSD2 Open Banking solution
Volante Technologies has announced that Qatar Islamic Bank UK plc (QIB) has selected VolPay Channel: Open Banking and Token to…
QFC chief underscores ‘significant growth areas’ in Islamic finance
Financial Centre (QFC), according to QFC CEO Yousuf Mohamed al-Jaida, who also cited potential partnerships with Muslim countries, particularly in…