HSBC Said to Be Selling Lebanese Unit as Gulliver Cuts Costs
HSBC Holdings Plc is planning to sell its operations in Lebanon and has received interest from local banks, people with…
Uncategorized
47651 articles found
Kuwait's Boubyan Bank gets nod to issue Tier 1 sukuk
Kuwait's Boubyan Bank has received regulatory approval to market and issue sukuk, expected to be $250 million in size, to…
Qatar's Barwa Real Estate Q1 profit falls 80%
Qatar's Barwa Real Estate , one of the Gulf Arab state's largest listed developers, reported an 80 percent fall in…
Succession plans crucial to family businesses, says UBS
Only 30 per cent of the world’s family businesses are passing the reins onto the next generation and the problem…
SS&C's launches new release of Global Wealth Platform
SS&C has announced the latest enhancements to its Global Wealth Platform (GWP) - the next generation cloud-based investment management solution. The latest…
Avaloq achieves a record year
The Avaloq group has closed its accounts for 2015 and has reported another record financial year; winning 11 new customers,…
Mashreq’s Loyalty Program, Salaam Rewards, wins two awards for enhanced customer experience
Mashreq ‘Salaam Rewards’ Customer Loyalty Program by Mashreq, UAE’s leading financial institution, was awarded two of the top awards for…
NBF operating profit increases 18.5 per cent for Q1 2016
National Bank of Fujairah PJSC has announced its results for the three month period ended 31 March 2016. Operating…
Saudi Arabian Airlines hires HSBC to arrange $1.3bn sukuk
National carrier Saudi Arabian Airlines has appointed HSBC as the lead arranger for a 5 billion riyal ($1.3 billion) sukuk…
Islamic Corporation for the Development of the Private Sector rings market bell to celebrate listing of USD 300 million Sukuk on Nasdaq Dubai
Khaled Al Aboodi, Chief Executive Officer of Islamic Corporation for the Development of the Private Sector, today rang the market-opening…
KPMG report: GCC banking sector enters a new paradigm
GCC banking results report analyses results of 56 of the region's leading listed commercial banks, covering 90 percent of…
GCC Board Directors Institute appoints new Executive Director
The GCC Board Directors Institute has appointed Jane Valls as its new Executive Director to lead the non-profit organization in…