Wafic Saïd sues Barclays over cutting ties
Wafic Saïd, the Syrian-born billionaire businessman and philanthropist, is suing Barclays in London after it unexpectedly cut ties with him…
Uncategorized
47651 articles found
Commercial Bank to raise capital up to $8.5bn
To further boost its liquidity, Commercial Bank is set to enter the Global market in a big way. The…
US claims it's not deterring foreign banks looking at Iran
Most international sanctions against Iran's economy were lifted in January after Tehran implemented a deal with world powers to curb…
Key opportunities exist for industry to mitigate competitive pressures and macroeconomic headwinds
The conveners of the 11th annual World Takaful Conference (WTC) - Middle East Global Advisors - is set to reveal…
Saudi bourse asks banks to pitch for IPO advisory roles
The Saudi Stock Exchange has asked banks to pitch for roles advising on its own initial public share offer, sources…
Global Islamic Wealth Management Industry Faces Trust Deficit
A global survey on the Knowledge, Attitude and Practices (KAP) of the Global Islamic Wealth Management Industry conducted by Edbiz…
Dubai Islamic Bank successfully closes USD 500 mln Sukuk issuance
Dubai Islamic Bank returned to the international debt capital markets with a very successful US$ 500 million 5Y Sukuk issue…
Ahlibank launches Qatar's First Contactless Credit Card
Ahlibank, a leading Qatari owned financial institution, and MasterCard have announced the launch of the first contactless Credit Card in…
Fitch – Lender enjoys dominant market share
Fitch Ratings, the international credit rating agency, said that NBK is the flagship bank in the Kuwaiti banking sector and…
Senior NRI banker boosts BOS Dubai
Bank of Singapore has relocated a non-resident Indian specialist desk to Dubai as it seeks to boost its Middle East…
Mood of gloom on economy in Oman: Survey
A mood of pessimism seems to have settled upon the majority of high net worth individuals in Oman, as many…
Islamic finance, an untapped funding alternative for PPPs
Public Private Partnerships, arrangements between government agencies and private sector companies or investors to provide and maintain public assets and…