Consortium acquires billion dollar stake in Arab Bank Group
Led by Arab Bank Chairman, Sabih al Masri, a consortium of investors bought a 20 per cent stake in Arab…
Uncategorized
47651 articles found
Al Ghurair International Exchange launches IMPS service for Indian customers in UAE
Al Ghurair International Exchange, the UAE-based foreign exchange and worldwide Money Transfer Company, has announced the launch of the immediate…
Fast Facts on Dubai Islamic Bank’s USD1bn Senior Sukuk Issuance
Dubai Islamic Bank announced the successful pricing of the largest senior Sukuk issuance by a financial institution globally. The…
Warba Bank plans to support investments with Islamic solutions
Warba Bank plans to support the companies' and investment sectors with Islamic innovations, said Shaheen AlGhanim, the bank CEO on…
Dubai's troubled Arabtec working with boutique investment bank Moelis -sources
Loss-making Dubai construction firm Arabtec is working with boutique investment bank Moelis to study options for the company's capital structure,…
Baker McKenzie law firm advised a consortium led by Arab Bank Chairman Sabih al Masri, in acquiring a 20% stake in Arab Bank Group from Oger Middle East Holdings
Baker McKenzie advised a consortium led by Arab Bank Chairman Sabih al Masri, in acquiring a 20% stake in Arab…
Al Hilal Global Sukuk Fund delivers 3.83 per cent dividend
Al Hilal Bank announced the dividend payout of its flagship fund, Al Hilal Global Sukuk Fund. The Fund, which…
Six Gulf nations aiming for simultaneous VAT adoption in January: UAE official
Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start…
UAE federal debt management law set for this year
The UAE expects to issue a debt law this year that will allow the federal government to sell sovereign bonds…
UniCredit to open Abu Dhabi branch this year
UniCredit will open a branch in Abu Dhabi’s nascent financial district by the summer, Jean Pierre Mustier, the Italian lender’s…
Adjusting to a new environment
To examine the performance of retail banks so far, we need to first understand the economic conditions globally, as well…
Qatar- Islamic finance and digital currencies: The halal aspect
With the growing utilisation of fintech in the Islamic finance sector, the question arises what role digital currencies and blockchain…