Why Saudi Arabia Is Borrowing for the First Time in 10 Years
Saudi Arabia is close to securing a $10 billion, five-year bank loan, the government’s first significant foreign borrowing for over…
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Oman picks banks for first international bond in almost 20 yrs -sources
The government of Oman has chosen five banks to arrange the sultanate's first international bond issue in almost 20 years,…
New Business Opportunities in Iran! But Who Will Be Your Banker?
Sanctions relief presents new business opportunities with Iran Most U.S. companies are still prohibited from Iran business, but the…
Ethica Launches Advanced Certificates in Islamic Finance
Ethica Institute of Islamic Finance in Dubai launches the ACIFE in Financial Analysis and the ACIFE in Takaful. "Comparing…
ADIB Q1 net profit increases by 6.9 per cent for Q1 2016
Abu Dhabi Islamic Bank (ADIB), a leading financial services company, has reported a net profit of AED 482.0 million for…
Iranians May Soon Be Able to Make International Online Transactions
A global payment service provider based in the U.S. has announced that it has made its platform available to Iranians,…
Rakbank Group Announces AED 250 million in Net Profit for the First Quarter of 2016
RAKBANK Group today announced a net profit of AED 250.0 million for the first three months ended 31 March 2016.…
UK firms see abundant opportunities in Qatar
The Opportunities in Qatar event organised by the Arab British Chamber of Commerce attracted a strong turnout from a wide…
Dubai’s biggest bank cuts 300 jobs amid weaker economy
Dubai’s largest bank, Emirates NBD, has laid off around 300 people recently due to a weaker economy, a spokesman for…
Qfb named ‘Best Islamic Financial Institution’
Qatar First Bank, Qatar’s leading Shariah-compliant bank, has been named in 2016’s ‘Best Up-and-Coming Islamic Financial Institution’ in Global Finance…
Warba Bank Educates Kuwaiti Youth On Islamic Banking & Entices Them To Join its Workforce
Warba bank, the fast-growing which provides a wide spectrum of banking and investment services compatible with Islamic Shariah according to…
Resilient Q1 2016 for cross-border M&A globally and in the Middle East: Baker & McKenzie Report
Cross-border M&A value rose by 14% in Q1 2016 versus Q1 2015, although deal volume fell 10% Chinese outbound…