Clifford Chance advises on US$500 million issuance by Majid Al Futtaim
Clifford Chance has advised on the issuance of US$500 million 4.5% trust certificates due 2025 by MAF Sukuk Ltd. and…
Uncategorized
47651 articles found
QFC eyeing more firms that can add value to Qatar’s economy
The Qatar Financial Centre is eyeing more financial and professional services firms, including Islamic finance firms from Asia and South…
Egypt’s Banque Du Caire sees 40-45% rise in profits for 2015
Banque Du Caire, Egypt’s third largest state bank, expects a 40-45 percent increase in profits this year following a restructuring,…
Bahrain's Investcorp aims high with new global expansion plans
Investcorp wants to more than double its assets under management in the next seven years under a new strategy which…
Khaleeji Commercial Bank announces increase in net profits
Khaleeji Commercial Bank, a leading Islamic bank in the Kingdom of Bahrain, today announced its financial results with net profits…
Deutsche Bank to pay $258m penalty for violating US sanctions
Deutsche Bank Created “OFAC-Safe” Payment Processing Schemes to Evade U.S. Treasury Office of Foreign Asset Control (OFAC) Sanctions Deutsche…
Warba Bank Reports Net profits in the Third Quarter 2015
Warba Bank achieved excellent profits in the third quarter exceeding expectations for its financial results for the first nine months…
GCC Banks Have Potential to be Among World's Most Digitally Competitive, Says SAP
GCC banks are well-positioned to be among the world's most innovative in driving digital strategies for business transformation and competitiveness,…
KIPCO may seek partners in $5bn real estate deal
KIPCO is ready to fund construction of its planned 5 billion real estate project in Kuwait, but is open to…
Islamic Bank May Support Green Sukuk for Renewables Projects
The Islamic Development Bank indicated that it may issue green sukuk bonds compliant with religious law and increase lending for…
Deloitte transfers key officials to GCC ops
Deloitte recently announced the transfer of a number of partners and senior directors to its Middle East operations in the…
DFSA fines Private Banking division for Anti-Money Laundering Deficiencies
The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 640,000 (AED 2,350,720) on ABN AMRO Bank N.V.…