Aldar, FAB sign escrow agreement for Alghadeer
Abu Dhabi-based Aldar Properties signed an escrow agreement with First Abu Dhabi Bank to enable to provide services for buyers…
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Nasdaq Dubai welcomes SIB, Damac sukuk listings
Nasdaq Dubai welcomed the listing yesterday (April 18) of two Sukuk by UAE issuers - Sharjah Islamic Bank, one of…
The Higher Sharia Authority held Its second meeting
The Higher Sharia Authority for financial and banking activities in the UAE held its second meeting for the year 2018…
Noor Bank Successfully Issues $500 Million Sukuk
Noor Bank, one of the UAE’s leading Shari’a compliant banks, has successfully priced its US$500 million sukuk issuance with a…
DB appoints chief country officer for the UAE
The promotion is an expansion of Al Kishi's current role for the CEO for the Middle East and Africa. …
Qatar's Commercial Bank posts first-quarter profit leap
Commercial Bank, Qatar's third-largest lender by assets, on Tuesday reported a huge 345 percent jump in first-quarter net profit, beating…
First Saudi Arabian-linked banks join al-Gosaibi debt settlement plan
Two Saudi Arabian-linked banks have become the first lenders with ties to the kingdom to sign a debt settlement plan…
Japan’s Mizuho pulled out of Qatar bond amid Gulf dispute
Japan’s Mizuho Securities withdrew from its role as a bookrunner for a US dollar-denominated bond issued by Qatar last week,…
Mohamed receives Citibank Group CEO
His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE…
UAE cbank deposits reach $15 billion in Q1
Monetary deposits at the UAE Central Bank stood at Dh55.8 billion ($15.2 billion) in the first quarter of 2018 while…
Kuwait to cement commercial relations with US
Kuwait is ready to cement commercial relations with the US, the Kuwaiti Ministry of Commerce and Industry said on Tuesday.…
Monetary Deposits With Apex Bank Stood At AED55 bn In Q1
Monetary deposits at the UAE Central Bank stood at AED55.8 billion in the first quarter of 2018 while withdrawals reached…