Dubai’s Arqaam Sees Abu Dhabi Commercial Bank Buying Rival UNB
Abu Dhabi Commercial Bank PJSC will probably buy smaller rival Union National Bank PJSC in the next 12 to 18…
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First Eagle Investment Management: Active Investing For Today’s Markets
Investor capital continues to pour out of active vehicles and into passive ones. Investors evidently believe that passive funds…
Planet Payment and Mashreq Announce Contract Extension – DCC at POS & ATMs in the UAE
Planet Payment, Inc., a leading provider of international and multi currency payment processing and transaction services, and Mashreq, one of…
QIB Implemented Operational Risk Management System to Achieve Actionable Risk Intelligence
Qatar Islamic Bank, Qatar’s leading Islamic Bank, has implemented a state of art Operational Risk Management system provided by MetricStream,…
Abu Dhabi Commercial Bank closes $600 million syndicated loan – statement
Abu Dhabi Commercial Bank has closed a $600 million three-year syndicated loan, Wells Fargo, the bank that coordinated the debt…
Sri Lanka woos Qatari investors
Sri Lanka has invited Qatari investors to seize the favourable climate for foreign investment in the country. Besides several…
26 Qatari SMEs shortlisted for business opportunities
Twenty-six Qatari Small and Medium Enterprises have been shortlisted to tender for six business opportunities offered by Qatar Development Bank…
UAE banks would benefit from mergers
Abu Dhabi speculation quashed, but tougher market may encourage consolidation The UAE has 23 local banks and 28 foreign…
6 key trends that will shape the UAE real estate industry
Propertyfinder Group’s inaugural UAE Real Estate Trends report shows a continued undersupply of affordable villas in Dubai is pushing up…
Saudi Investment Bank closes 500m riyals sukuk
Saudi Investment Bank closed a 500 million riyals, $133.3 million Tier 1 sukuk sale, the bank said on Tuesday. …
Saudi sovereign fund fills key positions as it bulks up for reform drive
Saudi Arabia's Public Investment Fund, its main sovereign wealth fund, said on Thursday it had filled key posts as part…
Kuwait retains its sixth-place ranking as one of the world's best tax environments
As its domestic and international businesses await major regulatory change with the introduction of VAT from January 2018, Kuwait has…