UAE Banks Desperate to Sell Qatar Loans
A number of banks in the UAE are in talks with international counterparts to sell down their Qatar exposure as…
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Qatar capable of supporting banks, governor says
Qatar, the gas-rich nation boycotted by three of its Gulf neighbors since June, is capable of supporting its banks with…
Qatar: a Conspicuous Absence from the Middle Eastern Debt Feast
There's one notable absence from the government bond sale bonanza in the Middle East. Saudi Arabia and Abu Dhabi have…
Adeem Investment and Wealth Management restructuring shortlisted for IFLR Middle East Award
A large international restructuring deal that Ogier worked on has been shortlisted for restructuring deal of the year in the…
SAMA to launch virtual riyal for banks
The Saudi Arabian Monetary Agency will implement a pilot project to issue a virtual/digital currency that will be traded exclusively…
Russia, Saudi Arabia sovereign wealth funds create fund to invest in Russian energy, technology
Two sovereign wealth funds have agreed to collaborate on two new platforms to invest in the Russian energy services and…
Saudi Arabia Studies Issuing Three Banking Licenses, Establishing a Digital Currency
The Saudi Arabian Monetary Agency expected positive growth rates for the Saudi economy over the upcoming period, confirming that the…
Saudi processing three applications for banking licences
The Saudi central bank has received three applications for banking licences and processing them is at an advanced stage, central…
Indosuez Wealth Management Group announces the appointment of Sebastian Graewert in Dubai
Indosuez Wealth Management Group, the global wealth management business line of Crédit Agricole Group, announces the appointment of Sebastian Graewert…
Saudi central bank paints rosy picture of economy
Top Saudi central bank officials painted a highly positive picture of the economy at a rare news conference on Wednesday,…
Investcorp founder Nemir Kirdar stands down
Bahrain-based Investcorp’s founder has stepped down as chairman of the board of directors, with a former Kuwaiti government minister appointed…
Globaleye exits Qatar
International financial advisory firm Globaleye has ceased operations in Qatar due to the “ongoing geo-political situation”, the company has told…