Qatar to deepen venture capital financing for SMEs
Qatar seeks to deepen venture capital financing for small and medium enterprises, including startups, while looking to develop the regulatory…
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Islamic finance plays larger role in sustaining economic growth
With Islamic finance assets growing 7% to $ 2.2 trillion in 2016, and projected to reach $3.8 trillion by 2022,…
AGB wins number of Islamic Business and Finance Awards
Three banking units of Al Baraka Banking Group B.S.C., the leading Islamic banking group based in Bahrain, won the Islamic…
UAE consumers to pay more as interest rates go up
Any change upwards in interest by US will also swing interest rates upwards in UAE The Central Bank of…
Mideast, Asian buyers dominate prime Central London property market
Buyers from the Middle East and Asia were the biggest group of international buyers snapping up properties in prime central…
Banks directed not to misuse Citizen’s Account deposits
The Saudi Arabian Monetary Authority has directed all local banks not use any amounts of money that are deposited in…
English high court confirms that sharia non compliance will not affect the enforceability of an english law agreement in an islamic finance structure
The Financial List in the English High Court has considered the preliminary issue of the validity and enforceability of an…
Bitcoin overtakes gold: Should UAE residents buy it?
Financial experts in the UAE have reiterated a warning about the potential risks of putting their money in bitcoin, as…
Saudi, UAE Central Banks Team Up to Test Cryptocurrency
The central banks of the United Arab Emirates and Saudi Arabia are reportedly launching a pilot initiative that will see…
Saudi Arabia to create $8bn export bank
Saudi Arabia will establish an export bank with capital of US$8 billion to support overseas sales by its industrial and…
Saudi Aramco asked banks to pitch for a role in its $2 trillion IPO
Saudi Arabia's state oil company requested pitches from banks to be coordinators and bookrunners for its record breaking initial public…
KKR Injects Additional Capital to Support Joulon’s Asset Management Platform
Joulon has announced that KKR has injected additional capital to support the Company’s ongoing acquisition activity. With KKR’s continued…