1MDB Bond Fates Diverge as Abu Dhabi Vow Trumps Najib Support
The fortunes of bonds in Malaysia’s troubled investment fund are diverging this month: those guaranteed by Abu Dhabi’s sovereign wealth…
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Oman's banking sector achieves robust growth despite oil price slump
Oman's banking sector achieves robust growth despite oil price slumpBanking sector in Oman has achieved a robust growth, despite a…
Dubai's Shuaa Capital cuts 15 pct of staff
Dubai investment bank Shuaa Capital has cut about 15 percent of its workforce, sources familiar with the matter told Reuters…
Banque Du Caire delays launch of new fund by three months
Egypt's third biggest public lender Banque Du Caire has decided to delay the launch of its new investment fund by…
Northern Trust appoints ME sales manager
Northern Trust announced today that it has hired Clayton DaSilva as sales manager, Middle East. Based in Abu Dhabi,…
Abu Dhabi Securities Exchange Wins the 4th Middle East Financial Markets Excellence Award
Abu Dhabi Securities Exchange has won the 4th Middle East Financial Markets Excellence Award which is granted annually by the…
Dubai International Arbitration Centre Opens an Office in DIFC
Dubai International Arbitration Centre, a Dubai Chamber of Commerce and Industry initiative, announced that it has obtained preliminary approval to…
GCC boards need to focus more on diversity
Influenced by shifting economic, social and regulatory trends, diversity of thought is becoming increasingly important at board level, as highlighted…
Emirates Islamic closes US$ 750 million Sukuk issuance
Emirates Islamic has announced that it had successfully closed the issuance of a US$ 750 million 5-year Sukuk from its…
Gulf Bank announces the Middle East’s first ‘Blinking to Bank’ biometric mobile banking app
Gulf Bank is happy to announce the launch of its new, innovative, and easy-to-use product, the Middle East’s first facial…
Saudi Arabia to join Turkey, Indonesia to found Islamic finance infrastructure bank
Saudi Arabia has joined Turkey , Indonesia and the Jeddahbased Islamic Development Bank as a prospective founder member of a…
Noor Bank gains industry recognition from Global Finance and Euromoney magazines
Noor Bank, a leading Shari’a compliant bank in the UAE, has bagged industry-specific awards from the prestigious Global Finance and…