Russia, Qatar eyeing joint projects worth $12 bln
Russia and Qatar may achieve the trade turnover of $500 mln already in three years, Russian Energy Minister and co-chairperson…
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Al Khaliji France moves to new core banking system, Temenos’ T24
Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform,…
Trophy assets lose lustre as Qatar embraces prudence and ETFs
Qatar, owner of London landmarks the Shard and Harrods, is moving cash into exchange traded funds and index funds as…
If Saudi Future's So Bright, Why Can't These Banks Find Buyers?
Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according…
Firm sees big growth for financial services in UAE
The UAE continues to be a buoyant and lucrative market for financial services firms, said the head of the Dubai…
Guy Hands' Terra Firma sells aircraft leasing investment to Dubai-based rival
Private equity baron Guy Hands has sold an aircraft leasing business his hedge fund Terra Firma has co-owned for more…
Turkey Tweaks Government Financial Support Scheme for Technological Products
Turkey has amended the scope and procedure of a government investment support scheme for technological products. Notably, support for…
Khaitan advises First Gulf Bank on merger
Khaitan & Co advised First Gulf Bank in relation to its merger with National Bank of Abu Dhabi including the…
HSBC wins mandate on $100 bln Saudi Aramco IPO: CEO
HSBC Holdings Plc has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil…
UK's HSBC bank wins mandate on $100bln Saudi Aramco IPO
HSBC Holdings Plc has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil…
CBI reports Dh21 million first quarter net profit
Commercial Bank International (CBI) reported a net profit of Dh21 million for the first quarter of 2017 compared to Dh37…
Oman said to follow Abu Dhabi with SWF merger plan
Oman, the largest Arab oil producer outside the Organization of Petroleum Exporting Countries, is considering a merger of its two…