Dubai Islamic Bank issues $1 billion senior unsecured Sukuk
The issuance emanating from DIB’s $5 billion Sukuk Programme carries a profit rate of 3.625 per cent and is the…
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Qatari Commercial Bank to strengthen economic ties with Turkey
Qatar's Commercial Bank has revealed its plan to strengthen relations with Turkey as it invests further capital. The country…
Saudi Arabia Weighing ‘Soft’ Crypto Regulation
Saudi Arabia is watching the cryptocurrency market closely and while local authorities have not yet put any restraints on crypto…
GCC sovereigns prepare funding plans
Sovereigns across the Gulf have spent January preparing with varying degrees of urgency to meet the year’s external funding requirements.…
WUAB stresses human element in raising productivity
The Word Union of Arab Bankers on Thursday stressed the key role of the human element in raising the productivity…
Gulf finance institutions' interest in Turkish banking sector continues
Gulf investors' interest in Turkish banks has come to the fore once again following an announcement on Tuesday by Sberbank,…
UAE’s Federal National Council approves draft finance leasing law
The UAE’s Federal National Council On Tuesday approved a draft law regulating finance leasing. The new law makes it…
Global awarded “Best Kuwait Asset Manager” and “Best Saudi Equity Fund”
Global Investment House was awarded “Best Asset Manager in Kuwait” and “Best Saudi Equity Fund” by the “MENA Fund Managers…
Rogue financial adviser convicted by Dubai court in landmark case
A personal finance consultant has been convicted of running his business without a licence, amid claims that he invested his…
Breakthrough in Removing Iran-China Banking Hurdles
After weeks of speculation about the banking problems of Iranian students and businesses in China, which ranged from difficulties in…
Saudi Arabia’s corruption crackdown risks scaring off investors
Mohammed bin Salman, the crown prince and de facto ruler of Saudi Arabia, electrified his country, the Middle East and…
DFSA Publishes Findings of Client Classification and Suitability Review
The Dubai Financial Services Authority today published the findings of a thematic review of client classification and suitability practices at…