Abu Dhabi Islamic Bank sets initial price guidance for perpetual sukuk
Abu Dhabi Islamic Bank, the largest sharia-compliant lender in Abu Dhabi, has given an initial price guidance in the region…
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More foreign money expected to flow into GCC funds- survey
Three quarters (75 percent) of regional investment professionals expect more money from foreign investors to pour into locally-domiciled funds over…
Aldar Properties creates new subsidiary with $5.4 bln assets
Abu Dhabi’s largest developer Aldar Properties is spinning off its recurring-revenue assets worth 20 billion dirhams ($5.4 billion) into a…
Profile Software at the Annual Middle East Banking Innovation Summit in Dubai
Profile Software has announced that it participates as a Bronze Sponsor in the 8th Annual Middle East Banking Innovation Summit,…
UK and Israel forge closer links to foster fintech and cyber security innovation
TheCityUK and City TLV of Israel have signed a landmark Memorandum of Understanding to bolster FinTech and cyber security cooperation…
Barco appoints Vice President of Middle East and Africa operations
Global technology company Barco, today announced the appointment of Ramzi Itani as the new Vice President of its Middle East…
Saudi Wealth Fund to Sign $11 Billion Loan
Saudi Arabia’s sovereign wealth fund will sign an $11 billion loan this week, marking its first-ever borrowing, according to people…
DFSA Board Appoints Next Chief Executive
The Board of Directors of the Dubai Financial Services Authority has today announced, following a global search, the appointment of…
What a UAE bank merger might mean for consumers
The next bank merger in the UAE could see a tie-up between Abu Dhabi Commercial Bank, Union National Bank and…
Wealth management by algorithm
Sarwa, the first regulated investment advisory platform in the region, aims to disrupt traditional, expensive investing strategies. The firm has…
Qatar- Kuwait market emerges as new darling of investors
Once overshadowed by its bigger neighbours in the Gulf, Kuwait's market has emerged as the new darling of global investors. …
U.A.E. Market Regulator Launches Fintech Controls Targeting Cryptocurrencies
Earlier this year, the U.A.E.’s market regulator issued a warning to investors about initial coin offerings, or ICOs, a new…