Kuwait Finance House sets up $3 bln sukuk programme
Kuwait Finance House, the country’s second biggest lender by assets, has established a $3 billion Islamic bonds programme that would…
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Artificial Intelligence to add US $182 billion
May 21, 2018 | 11:00 | Dubai – Artificial Intelligence to add US$182 billion to UAE Economy by 2035, Accenture…
Emirates NBD to buy majority stake in Turkey bank
UAE-based Emirates NBD, a leading bank in the region, and Sberbank of Russia have entered into an agreement whereby Sberbank…
Turkey welcomes back foreign cash, no questions asked
The Turkish economy is in the grips of serious turmoil as the country heads to early presidential and parliamentary polls…
Auditing firms play greater role in GCC countries amid economic reforms
Since the global financial crisis of 2008, auditing firms in the Middle East, particularly in the Gulf Cooperation Council member…
UAE allows banks to share Winsome Group information with India
The United Arab Emirates has given a go-ahead to banks to share vital information with India in relation to the…
He who hesitates is lost by Gary Dugan
Hesitation in both US bond and equity markets Scope for more volatility in bond markets this coming week Eurozone assets…
Soaring profits push global dividends to a first-quarter record
Growing corporate profits pushed global dividends 10.2% higher on headline basis to $244.7bn in the first quarter, according to the…
Nasdaq Dubai Plans to Start Equity Futures on Saudi Companies
Nasdaq Dubai plans to start equity futures of leading listed Saudi Arabian companies, giving investors new hedging tools to take…
Crown Court dismisses Barclays Qatar charges
Dismissal of SFO charges against Barclays PLC and Barclays Bank PLC Barclays announces that the Crown Court has today…
UAE plans ownership for foreigners to lure investors
The United Arab Emirates has announced plans to allow 100 percent ownership and visa incentives to foreigners, in a bid…
ABK, FAB and Noor Bank sign loan deal for Dubai Aerospace
Al Ahli Bank of Kuwait, First Abu Dhabi Bank and Noor Bank have announced the signing of a landmark financing…