New CEO of Dubai Future Foundation
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued a…
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Noor Bank weighing sale of Islamic bonds
Dubai’s Noor Bank PJSC is considering the sale of Islamic bonds as the Sharia-compliant lender seeks long-term funding, its chief…
Kuwaiti investors lose millions in Bitcoin – report
Approximately 12,000 investors in Kuwait have lost half the value of their portfolios trading in the volatile cryptocurrency market, according…
RL360° revamps Lebanon protection product
LifePlan Lebanon is a Lebanese specific version of RL360’s existing LifePlan product and replaces Protected Lifestyle Lebanon, the product currently…
Saudi NCB net profit up 11.8 pct as expenses, impairments drop
Saudi Arabia’s National Commercial Bank (NCB), the kingdom’s largest lender, reported an 11.8 percent rise in fourth-quarter net profit on…
ABG Egypt net profits rises 42pc
Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group and its investment arm in Egypt, yesterday…
StanChart prunes coverage, may cut investment banking jobs
Standard Chartered is looking to drive returns by boosting lending to key industrial sectors and top clients, in a move…
Fintech Investor and Blockchain Advocate David Drake Joins Credium's Advisory Board
Credium announces that Cryptocurrency Expert, David Drake (currently Chairman at LDJ Capital) is joining the Credium team as an in-house…
Experts for regulation of cryptocurrencies
Adoption and regulation of fintech, blockchain and cryptocurrencies was one of the hot topics discussed at the MENA Regulatory Summit…
UAE's FAB gets investment banking license in Saudi Arabia
First Abu Dhabi Bank, the UAE’s largest bank, received a license from Saudi Arabia’s Capital Market Authority to offer investment…
Qatar National Bank raising $1.38 billion with private bond
Qatar National Bank, the Gulf’s largest bank, is raising $1.38 billion through a privately placed bond, a QNB spokesperson said…
International Bank of Qatar Reports 11 Percent Growth in Net Profit for 2017
International Bank of Qatar yesterday announced its financials for 2017 and reported a net profit of QR555.1m, up 11 percent…