Banks Forced Into Qatar-Saudi Feud
Bankers have tried to stay neutral in the diplomatic fight between Qatar and its neighbors, Saudi Arabia and the United…
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Citi considering full banking licence in Saudi Arabia
Citigroup is considering seeking a full banking license in Saudi Arabia, the president and chief executive of the bank’s institutional…
Valuation woes hit Saudi, DSI hurt Dubai
Saudi stocks slid 0.6 per cent yesterday as concerns grew about rich valuations for blue-chip stocks after the region’s biggest…
Billionaire Shetty said to hire Evercore on Finablr IPO
Dubai-based billionaire Bavaguthu Raghuram Shetty hired Evercore to advise on a potential initial public offering for his financial-services company, according…
Mashreq closes $100m facility for Stanbic Kenya
Mashreq bank, a leading financial institution in the UAE, recently closed S$ 100 million dual tranche syndicated term facility for…
Al Baraka Banking Group and the Bank of London & The Middle East (BLME) sign a Memorandum of Understanding
Al Baraka Banking Group, B.S.C (ABG), the leading Bahrain-based banking group, has signed a Memorandum of Understanding (MoU) with the…
Adia looks inward on asset management
The Abu Dhabi Investment Authority (Adia) last year managed about 55 per cent of its assets through external fund managers,…
Strong performance of UK's regional office markets driving demand from GCC investors seeking long term secure income, says ADIB
Abu Dhabi Islamic Bank (ADIB) UK, a wholly-owned subsidiary of Abu Dhabi Islamic Bank - a leading financial institution, believes…
One Kuwaiti Family Office Says Legacy Is Worth More Than Money
Mohammad Al Duaij drives a 13-year-old Range Rover, which seems kind of odd for someone who’s from a well-known wealthy…
Dubai International Financial Centre Named best International Finance Centre at WealthBriefing European Awards 2018
Dubai International Financial Centre (DIFC) has received the ‘International Finance Centre’ award at the WealthBriefing European Awards 2018, reinforcing its…
Abu Dhabi's 3rd biggest sovereign wealth fund posts investment gain in 2017
Abu Dhabi Investment Authority (ADIA), the third biggest sovereign wealth fund in the world based on the oil wealth of…
UAE MoE launches programme to support innovative companies
The National Programme for Supporting Young Innovative Companies was launched as part of its participation in the third Government Accelerators…