Bahrain unveils new law to support growing financial sector
The new move allows investors to establish limited partnerships nationwide, as oppose to only in identified free zones. The law…
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Bahrain equals global financial hub
Bahrain’s latest three financial laws will be the focus of an outreach programme introduced by the Economic Development Board in…
ADIB shareholders agree 24.52pc dividend
Shareholders of Abu Dhabi Islamic Bank have approved the distribution of 24.52 per cent cash dividends for 2016 at the…
UAE's Mashreq's Iossifidis to become CEO of Noor Bank
The head of corporate and investment banking at Dubai's Mashreq is leaving to become chief executive of a rival bank,…
UAE's ADIB launches second tranche of capital-protected equity investment note following strong demand
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has launched a second tranche of the popular Equity Basket Note…
UK-UAE tax treaty lets UK pension holders cash out tax-free
Expats and Gulf nationals with UK pensions are now free to access their entire pot tax free under the terms…
Börse Berlin increases Turnover by more than Six Per Cent
Börse Berlin’s Market places, Xontro and Equiduct, achieved a combined turnover of €16.6 billion and 2.64 million trades in the…
ADIB launches second tranche of capital-protected equity investment note
The Shari'ah-compliant note matures in 12 months and provides 100 per cent protection at maturity to minimise investment risk. …
Saudi developer Dar Al Arkan to launch dollar sukuk despite borrowing limits
Saudi Arabian real estate developer Dar Al Arkan plans to launch a U.S. dollar sukuk this week, the first international…
Andersen Global Expands Presence in Israel
Andersen Global has announced an enhanced presence in Israel by way of a collaboration agreement with Yaron-Eldar, Paller, Schwartz &…
Qatari investments abroad strategic: QC Chairman
Qatar Chamber chairman Sheikh Khalifa bin Jassim Al Thani termed the Qatari investment abroad as “strategic”. The investments are…
Al Hilal Bank appoints chief executive
Abu Dhabi-based Al Hilal Bank has appointed Alex Coelho as its new chief executive, the Islamic bank, which operates in…