Saudi Sovereign Fund Seeks 15% Stake in Accor's Unit
Saudi Arabia’s sovereign wealth fund is in talks to buy a 15 percent stake in Accor SA’s property business in…
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Andersen Tax & Legal Launches in Egypt
The Andersen name launches in Egypt this week as Maher Milad Iskander and Co., an Egyptian tax and legal firm…
Bahrain's sovereign fund in talks to invest in SoftBank's Vision Fund: CEO
Bahrain’s sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group’s private equity fund that aims to…
Cryptocurrencies are Here to Stay: Dubai Has Spoken
More than 4,000 participants from 140 countries, including heads of state and governments, Hollywood stars like Robert De Niro and…
Jordan grants citizenship, permanent residency to investors
The Jordanian government announced on Monday that it will grant citizenship or permanent residency to some 500 investors a year…
Qatar’s Commercial bank to pull out of Abu Dhabi-based UAB
Qatar’s third largest bank by assets, Commercial Bank, will soon make public the handover its 40 per cent stakes in…
UAE resilience: Banks' assets hit $734bln in 2017
The UAE-based banks' total assets surged to US$ 734 billion (AED2.693 trillion ) at the end of 2017 from AED…
QIB gets nod to raise limit of its sukuk plan to $4bn
Qatar Islamic Bank’s annual general assembly has approved the board of director’s recommendation to increase the limit of the QIB…
Saudi blockchain pilot could save banks up to $400m per year, Moody's says
Saudi Arabian banks could save up to $400m per year using blockchain software to facilitate cross-border payments, which is a…
Tech Firm C5 Accelerate Is Looking To Power Up Fintech In Bahrain
Hadyah Fathalla, Executive Director at C5 Accelerate Bahrain, talks about how tech start-up scene in the region are evolving and…
Kuwait Finance House Goes Live With (ITS) ETHIX-Net – Alkheshnam: “ETHIX-Net Delivers A New Generation Of Online Banking”
International Turnkey Systems Group, the market leading provider for comprehensive Islamic financial solutions suite, has announced the successful installation of…
ADFG eyes private equity deals in Latin America, to launch debt fund in 2018
Abu Dhabi Financial Group, the investment firm with around $6 billion in assets under management, plans to launch a new…