KAMCO appoints Alvarez & Marsal as integration advisor
KAMCO Investment Company a leading investment with one of the largest AUMs in the region, appointed the Middle East office…
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Mideast M&A deals decline sharply in Q1 2018
Merger & acquisition deals across the Middle East and North Africa region declined sharply year-on-year, falling 21.8 per cent in…
Israelis among nearly 500 arrested over alleged online fraud in Phillipines
Philippine police say they have arrested nearly 500 people, including eight Israeli nationals, who they say are involved in an…
Falcon Private Bank's Vicious Cycle
Staff at Falcon Private Bank including a star banker are heading for the exits, finews.com has learned. The Abu…
With millions still unbanked, one mobile wallet aims to cater to the many, not the few
Even in the UAE, an extremely affluent nation by the wider region’s standards, 60 to 65 per cent of the…
ENBD REIT eyes wider portfolio footprint in UAE, plans more green initiatives
ENBD REIT, the real estate investment fund managed by Emirates NBD Asset Management, recently revealed that its net asset value …
New UAE sukuk regulations will help issuance of Islamic bonds, Fitch says
The new sukuk regulations issued by the UAE market regulator, the Securities and Commodities Authority, will bolster Islamic bond sales,…
Saudi's PayTabs: Is this the future of banking?
Abdulaziz Al Jouf, CEO of Saudi-based payment solutions company PayTabs, is planning on using elements from cryptocurrency to blockchain and…
Natixis to close commodity trade finance desks in Geneva and Dubai
French investment bank Natixis is to close commodity trade finance desks in Geneva and Dubai as part of its new…
Abu Dhabi and Hong Kong further fintech collaboration
The Hong Kong Securities and Futures Commission and Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, have…
Alizz Islamic Bank Promotes Omanis to Senior Positions
Alizz Islamic Bank has announced the promotions of several of its employees to senior management positions. Chief operating officer,…
Gateway mulls Saudi, UAE, Egypt deals for $757M fund
Gateway Partners Ltd., the private equity company led by former Standard Chartered PLC banker Viswanathan Shankar, plans to fully invest…