UAE Ministry of Finance to enhance financial coordination
The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project…
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Dubai DIFC wills service centre offers options to pass on the assets to heirs
Up to 2015, Shariah used to be applied to all residents, Muslims or non-Muslims, when sharing out assets among family…
ADIB raises $750 million in UAE’s first tier-one perpetual Sukuk
Abu Dhabi Islamic Bank (ADIB) has successfully raised $750 million of additional Tier 1 through a perpetual Sukuk that complies…
Abu Dhabi Financial Group offers revised bid for Abraaj's ME funds
Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds…
Number of ultra-wealthy in Middle East to rise 28% by 2022
The number of demi-billionaires – those with $500 million or more in net assets – in the Middle East will…
Islamic banks face outdated property rules: industry body
Regulators overseeing Islamic banking must revise guidance on real estate exposures to align with the post-financial crisis capital rules of…
Relam Investment launches new blockchain technology
Relam Investment, an international investment company headquartered in Dubai, UAE, has announced the global launch of its third generation blockchain…
Now is the time to buy London property, says Chestertons ahead of Cityscape
Leading international property company, Chestertons MENA, will be targeting UAE investors with the launch of a new development in one…
Forbes unveils Middle East's Most Influential Women
Forbes Middle East recently unveiled the list of the Middle East’s Most Influential Women for the year 2018. During…
Gulf’s economic conditions ripe for more bank mergers
Economic challenges faced by the region in the wake of lower oil prices lower economic growth outlook has given rise…
Shinhan-led banks grant loan to Afreximbank
Shinhan Bank and other local banks have issued a syndicated loan worth $150 million to Egypt-based African Export-Import Bank (Afreximbank)…
Real estate a major driver as private equity set to continue outpacing stock markets – expert
Real estate will be a key driver as private equity continues to outperform the world’s stock markets, a Dubai-based expert…