UAE banks stop providing leverage to clients on Qatari bonds
Many UAE banks have stopped providing new loans to their clients to buy bonds of Qatari companies and state entities,…
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Alizz Islamic Bank acts as joint lead manager for global sukuk issue
Alizz Islamic Bank was selected to act as joint lead manager for the recently issued Government of Oman seven-year US…
FGB-NBAD Deal To Trigger A Wave Of Consolidations In U.A.E. Banking Market
After years of M&A inactivity, the FGB-NBAD merger and a challenging macroeconomic outlook could signal a greater consolidation drive in…
Bahrain's GFH postpones talks to acquire Dubai's Shuaa Capital
GFH, a Bahrain-based Islamic investment firm, has suspended its acquisition talks with Dubai-based Shuaa Capital, following non-agreement of acquisition terms…
Zurich offers adviser support ahead of UAE regulatory changes
Zurich Middle East has announced the launch of series of new support initiatives designed to helpe financial advisers and intermediaries…
Amidst Global Uncertainty, Where Is The Middle East Sovereign Investor Finding Comfort
Invesco today released its fifth Invesco Global Sovereign Asset Management Study*, an annual in-depth report on the complex investment behaviour…
Qatari riyal under pressure as Saudi, UAE banks delay Qatar deals
Qatar's currency came under pressure on Tuesday as Gulf Arab commercial banks started holding off on business with Qatari banks…
Mideast sovereign funds target investment real estate
Middle East sovereign funds have been focusing on income-generating real estate after having missed targeted returns last year, a study…
Alizz Islamic Show Interest In Merger With United Finance
Alizz islamic bank has shown interest in the possibility of a strategic merger with United Finance Company. ‘Alizz islamic…
Saudi arms dealer worth £2.4 billion at height of his wealth dies aged 82
Saudi arms dealer Adnan Khashoggi, a businessman once worth billions and renowned for his lavish lifestyle, has died at the…
Turkey Unveils New Tax Amnesty Law
The Law on the Restructuring of Certain Receivables and Amendment of Certain Laws and Decree-Laws No. 7020 ("Amnesty Law") was…
Banks Drive UAE Infrastructure Spending
In the 1930s, Dubai’s economy was not in the best shape. The rise of industrial pearl production in Japan had…