Turkey: Banking sector's net profit up over 30 percent
Turkey’s banking sector made 25.35 billion Turkish liras ($7.24 billion) net profit between January and June this year, according to…
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Startup uses Israeli tech to launch security app for the ultra-wealthy
A Miami startup called RedZone is at work to change how the ultra-wealthy look out for their personal safety, and…
Eskan Bank REIT commences trading to expatriates and foreign investors
The Eskan Bank Realty Income Trust announced today that following approval by the Central Bank of Bahrain, expatriates and foreign…
Comment: Banks must wake up to the digital revolution
Standard Chartered has reduced its branch network by 10 per cent over the past two years in a clear sign…
Dubai developer Nakheel targets growth in recurring revenue
Property developer Nakheel wants recurring income to increase to more than 50 percent of all revenue by 2021 as it…
Islamic Development Bank seeks proposals for dollar sukuk – sources
Saudi Arabia’s Islamic Development Bank (IDB) has asked banks for proposals to arrange a U.S. dollar-denominated sukuk, banking sources said…
Dubai Investments unit signs $299m loan deal
Dubai Investments Real Estate Company (DIRC) has signed a Dh1.1 billion ($299.47 million) financing deal with First Abu Dhabi Bank…
Why does Fintech matter to the financial services
Fintech is a rapidly emerging industry that covers the overlapping space of technology with financial services. With the growing application…
DIFC takes a big leap forward in Fintech initiatives
Financial technology or Fintech as it is more commonly known, has emerged as the buzzword of the decade in the…
StanChart bullish on UAE despite slowing economy
Standard Chartered, the emerging market specialist bank, said the UAE is among the top markets for the financial institution despite…
Debt capital markets to bridge the funding gap
In the context of tightening liquidity and rising funding costs putting pressure on bank funding analysts expect a surge in…
Al Ahlia Insurance posts better half-yearly results; issue to close on August 2
Al Ahlia Insurance declared its unaudited interim results for the first six months of 2017, recording a growth of 14.5…