Saudi Bond Sale Pushes EM Dollar Issues to New High
The search for yield remains in full swing and it helped propel a record amount of emerging market borrowing in…
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Will Robots Replace Tellers In Bank Branches?
Emirates NBD has announced that a new artificial intelligence robot will be strolling into the foyer of several branches. The…
JP Morgan’s banking manager believes in hard work
Banking may often feel like a men’s club, but not for Tara Smyth, who manages a team of more than…
Dubai Islamic Bank Q3 net profit falls 9.9%
Dubai Islamic Bank, the UAE’s largest sharia-compliant lender, on Monday posted a 9.9 percent drop in third-quarter net profit, in…
French bank sued over Gulf tycoon’s signature
A pair of aggressive American hedge funds is suing the French bank BNP Paribas, alleging that it botched a $650m…
We're Doomed To Bankruptcy Unless Changes Made, Says Saudi Official
It’s common knowledge for anybody that follows international news that the more than two year long roil in global oil…
Al Tamimi & Company takes home awards from International Financial Law Review
The Kuwait office of Al Tamimi & Company, the largest independent law firm in the Middle East, was recently awarded…
Abu Dhabi Commercial Bank Q3 net profit falls 17 pct
Abu Dhabi Commercial Bank posted a 17 percent fall in third-quarter profit on Sunday, missing analysts' forecasts. The emirate's…
Low oil price takes its toll on Saudi banks
Persistent decline in oil prices since mid-2014 is posing a new wave of challenges for Saudi Arabia’s banking sector which…
Qatar Islamic Bank launches dedicated Ladies Banking facility
Qatar Islamic Bank has launched a new proposition specifically designed to cater to the financial needs of ladies in appreciation…
SOHAR Freezone receives fDi Award for investments
In its annual search for the best free zones, fDi Magazine, a part of the UK’s Financial Times newspaper group,…
Banks get vital funding relief from sovereign bond
Saudi Arabia’s initial jumbo $17.5 billion, Dh64.2 billion sovereign bond will provide vital funding relief for the economy. With…