UAE’s Sharjah Islamic Bank says plans convertible sukuk issue
Sharjah Islamic Bank plans to issue convertible sukuk equivalent to 10 per cent of the lender’s capital, it said on…
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Abu Dhabi Financial Group to maintain growth strategy
The Abu Dhabi Financial Group, an alternative investment company with US$5 billion in assets, will maintain its growth strategy this…
Opportunities for alternative investment managers- Dubai roundtable
Some of the large institutional Gulf-based allocators whose assets are derived from petrodollars are displaying an increasing resemblance to…
Japan, Saudi Leaders Agree to Establish Special Economic Zone
Japan will help establishing a special economic zone in Saudi Arabia, according to the agreement reached on Monday by the…
Bank Muscat’s sukuk issue expected this month
An Islamic bond issue to raise OMR23-30 million, which is the first tranche of Meethaq’s OMR100 million-sukuk programme, will be…
The future of the UAE will not come through oil
The inaugural Mohammed bin Zayed Majlis for Future Generations was held last week – and far from being a pleasant…
Snap is a serious deal for Gulf investors
What should investors in Arabian Gulf markets make of Snap, the "camera company" that last week took Wall Street by…
MetLife partners with LIMRA for globally recognised certification
Together with LIMRA, MetLife will offer highly accredited training and certification to its bancassurance partners’ financial advisers. The prestigious…
UAB announces new Board member
Sharjah-based United Arab Bank (UAB) has announced the appointment of Joseph Abraham to the bank’s board, subject to endorsement by…
NBAD Egypt goes live with CR2’s BankWorld Internet
CR2 is delighted to announce that National Bank of Abu Dhabi Egypt, will be launching their next generation of internet…
Qatar- Saudi said to plan domestic sukuk issue to boost market
Saudi Arabia is planning a sale of Islamic bonds in riyals to local institutions this year to help boost the…
Shuaa Capital to buy two UAE financial groups
Shuaa has entered into an agreement with Integrated Financial Group, a subsidiary of Abu Dhabi Financial Group, in this regard.…