The rewired world of private banking
The private banking industry is undergoing significant changes. Technology, competition, economic situation and complex regulations are rapidly changing the way…
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Bahrain's Investcorp acquires $223.5 mln office tower in Seattle
Bahrain-based alternative investment firm Investcorp said on Sunday that its United States-based real estate arm had purchased an office building…
ADX Market Capitalization Records a 30 BILLION DIRHAMS INCREASE for first 8 months of 2016
Abu Dhabi Securities Exchange market capitalization has jumped to reach 441 billion dirhams during the first eight months of 2016,…
Shortage of high quality liquid assets pose challenges to liquidity coverage ratios
GCC based Islamic banks are generally better off in their access to low cost retail deposits compared to some of…
UAE's Mashreq bank CEO recognised as banking business leader of the year
At the Gulf Business Awards 2016, the coveted Banking Business Leader of the Year trophy was bagged by one of…
UAE Economic Outlook Remains Optimistic Despite Increased Regional Supply Chain Risk
Supply chain risk across the Middle East and North Africa climbed to 4.406 from 4.371 during the second quarter of…
GCC’s Islamic banks have stronger liquidity profiles
Retail-focused Islamic banks in GCC countries have strong liquidity coverage ratios LCRs due to their large base of core retail…
Kuwaiti investors pounce on venerable City broker WH Ireland
A Kuwait-based company is poised to pounce on WH Ireland, one of the best-known stockbrokers in the City of London,…
Development Bank to be restructured with $1B capital
Deputy Prime Minister Mehmet Şimşek said the Development Bank of Turkey will be completely restructured so that it can provide…
Qatar central bank offers bonds in second riyal sale in 2016
Qatar's central bank is offering 3 billion riyals, $824 million of government bonds in its second domestic bond sale this…
Qatar second in WB’s GCC Logistics Performance Index
Qatar has secured second place in the GCC region in the World Bank’s Logistics Performance Index that ranks 160 countries.…
QNB among world’s 50 safest banks
QNB Group, a leading financial institution in the Middle East and Africa, has retained its position at the top of…