Dubai celebrates cream of the crop
Some of Dubai's best businesses came together to claim their awards as top performers and innovators in 2016 at a…
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Africa Finance Corp seals $150m Nasdaq Dubai sukuk deal
Africa Finance Corporation said it has carried out a $150-million Islamic financing transaction on the Murabaha platform of Nasdaq Dubai,…
Dubai’s largest Sharia-compliant lender approves sukuk programme
Dubai Islamic Bank, the biggest Sharia-compliant lender in the emirate, said that its board of directors have approved a US$5…
National Insurers in the United Arab Emirates Back in the Black
After an extremely challenging year of underwriting and investment losses for many market participants during 2015, the United Arab Emirates…
Kuveyt Turk gets nod for 2 bln lira sukuk, closes Dubai unit
Turkish participation bank Kuveyt Turk has received regulatory approval to raise 2 billion lira ($555.8 million) via Islamic bonds, or…
EFG Bank and Al Mouj in close fight for title
The 2017 edition of the EFG Sailing Arabia-The Tour is set for an exciting showdown between defending champion EFG Bank…
Women leading Saudi institutions a good sign for corporate governance
Corporate governance improves with the inclusion of women on company boards, as reported by the International Finance Corporation. So what…
Nasdaq and Borse Dubai sign market technology deal
Nasdaq and Borse Dubai have signed an agreement to bolster the technological infrastructure of Dubai’s stock exchanges, Dubai Financial Market…
HH Sheikh Maktoum honours winners of Mohammed Bin Rashid Al Maktoum Business Awards
The ceremony was held under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister…
Why UAE is a magnet for global millionaires
Australia and the UAE have emerged as the most sought-after migration destinations for the world's super-rich as global wealth migration…
China's giant ICBC bank to invest $20 billion in Egypt over 10 years
The world’s biggest lender by assets, state-owned Industrial and Commercial Bank of China Limited will invest $20 billion in Egypt…
Lebanese banks lag behind European peers in fintech
Banks in Lebanon are falling behind their European counterparts when it comes to providing technological financial services, better known as…