Indonesian Sukuk raise Dubai listings to new global record above $50billion
The government of Indonesia has listed two Sukuk with a total value of 3 billion US dollars on Nasdaq Dubai.…
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UAE fund Mubadala plans overseas investments
Abu Dhabi state-owned fund Mubadala Investment Company is lining up new overseas investments in 2017 and may also sell or…
HSBC's Turkey Unit Sees Return to Profit After Restructuring
HSBC Holdings Plc’s Turkish unit is aiming to post a profit this year after the parent company scrapped plans for…
Merged U.A.E. Banking Giant Seen Earning Bigger MSCI Weighting
A mega-merger of the two biggest banks in the United Arab Emirates should leave the combined company with a larger…
AFS Fintech Forum highlights need for innovative banking solutions
Bankers, regulators and Fintech experts from around the world met at the AFS Middle East and Africa Fintech Forum, held…
Card scam gang arrested after Dh1 million UAE spending spree
Four men managed to spend Dh1 million on cloned credit cards after copying bank data from customers across the world.…
Saudi British Bank to establish sukuk program of upto $2 bln
Announces its intention to establish sukuk program and to issue sukuk thereunder inside or outside Kingdom Of Saudi Arabia …
IBQ brings global wealth management experts to private banking customers
International Bank of Qatar hosted a private event on ‘Global Wealth Management’ for a handful of select influential businessmen in…
Omani currency faces devaluation threat
Oman is most likely to face a “forced currency devaluation” in coming years due weak oil prices and low financial…
Emirates NBD Enlists UAE Central Bank in Blockchain Check Trial
One of the Middle East's largest banking groups is partnering with the central bank of the United Arab Emirates on…
Al Khaliji hosts seminar on global investment opportunities
Al Khalij Commercial Bank recently hosted a seminar on international investment opportunities across a number of asset classes, including real…
UAE’s increasing role in China’s security calculus
In recent years, there has been much focus on China’s budding ties with large Arab countries such as Egypt and…