Why conventional insurance will outpace takaful in the GCC
Overall premium growth in conventional insurance will fare better than the Islamic insurance segment, or takaful, this year, according to…
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ADGM recruits UAE Exchange as latest fintech partner
Abu Dhabi Global Market have entered into partnership, to support, develop and promote the FinTech ecosystem in Abu Dhabi…
Moody’s fires starting gun for international financial groups moving staff to Saudi Arabia
The planned opening of a Moody’s office in Saudi Arabia has fired the starting gun for the race to build…
UAE listed banks report over $5bn net profit in H1
A total of 19 listed banks in the UAE reported net profit of around Dh19 billion ($5.17 billion) during the…
Central Bank of Bahrain Issues P2B Crowdfunding Regulations
The Central Bank of Bahrain has released regulations for debt based crowdfunding. Rules apply to both Shari’a compliant and conventional…
OMI posts sharp rise in Middle East client inflows
Old Mutual International, the offshore arm of Old Mutual Wealth, has seen striking growth in cash inflows from clients in…
Investcorp reports 34% increase in profitability
Investcorp has announced its full year results for the twelve months ending 30 June 2017. The Firm has seen…
Meet The Jewish Hedge Fund Manager Behind The Taylor Force Act
In February, Sander Gerber, chief executive of a New York-based hedge fund, mounted the stage at an influential annual gathering…
Warba Bank acquires ‘Ultris’ beach apartments in Virginia
Warba bank continues to reinforce its strategy which primarily aims to position the Bank as the Islamic corporate and investment…
UAE’s Invoice Bazaar partners with first bank
The National Bank of Ras Al-Khaimah has become the first bank to partner with Dubai-based supply chain finance platform start-up…
Abu Dhabi informally boycotts western banks with big Qatari investors
Abu Dhabi has launched an informal boycott of western banks with significant Qatari shareholders, broadening the impact of the Arab…
RISQ and StraitsBridge sign strategic partnership
RISQ and StraitsBridge, a specialist firm founded by Sanjay Uppal, former Group Chief Financial Officer of Emirates NBD, that provides…