HSBC to Restructure Turkish Unit after Failed Sale Attempts
HSBC Holdings plc is now planning to restructure its Turkish operations after efforts by the Europe’s largest lender to divest…
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A Record-Breaking Year For Dubai International Financial Centre
Dubai International Financial Centre, the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle…
Chinese banks play major presence in Dubai int'l financial center: official
The banks from China play major presence and stand for 25 percent of the combined balance sheets of the Middle…
Top reasons UAE expats fail to save money
Are you struggling to save money for retirement? Is your bank account looking a little empty after years of working…
Oman’s bank credit grows 8% to OMR18.3b
Oman’s commercial banks have achieved a robust 8.39 per cent growth in total credit at OMR18.32 billion for 2015, from…
Saudi Ahli Commercial Bank shuts down Beirut operations
The Saudi Ahli Commercial bank has decided to close its branches in Lebanon after years of operation in the country,…
Egyptian banks unconcerned with Africa
Despite Egyptian banks’ dedication to expanding operations in overseas markets, they are still significantly unconcerned with Africa, whether northern or…
Bahrain says talking with lead managers after S&P downgrade
Bahrain said on Wednesday that it was talking with the lead managers of its latest sovereign debt offer after Standard…
DIFC reports results for 2015
The number of new company registrations at DIFC increased by more than a quarter (27 per cent) compared with 2014,…
Why Sovereign Wealth Funds Are Selling Equities
The world's capital markets have been roiled this year by rumors that sovereign wealth funds of oil-dependent states are selling…
Malta Stock Exchange adds Sharia equity index
The Malta Stock Exchange (MSE) has launched the MSE Sharia Equity Index, which has been certified as compliant with Islamic…
ADSG Announces Winners Of Annual Abu Dhabi Sustainable Business Leadership Awards
The Abu Dhabi Sustainability Group, ADSG, today announced the winners of its annual Sustainable Business Leadership Awards, 2016. This…