Saudi Wealth Fund Said to Seek Bankers in Global Deals Shift
Saudi Arabia’s Public Investment Fund is seeking to hire bankers for international deals to help the kingdom acquire overseas technology…
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OMR250m bids accepted in first Oman's sovereign sukuk issue
Oman’s maiden sovereign sukuk issue has evoked a strong response to raise a total of OMR336 million in firm orders…
Wasatah Capital selected IMSplus for wealth and fund management operations
Profile Software has announced tthat Wasatah Capital, a Saudi Arabia based investment company, selected the IMSplus Asset Management solution to…
Empowering women in the UAE's Islamic finance sector
Since its inception, the UAE has led the way for women’s empowerment across the region and demonstrated its commitment to…
Islamic finance assets seen reaching $3.5tn by 2018
The global asset value of Islamic finance, dominated by the Islamic banking sector and the global sukuk market, will expand…
FGB earnings rise 4% on strong lending
Abu Dhabi-based FGB reported an increase of four per cent year-on-year net profit to Dh4.29 billion for the first nine…
Herbert Smith Freehills to reopen in Saudi Arabia
Four months after shutting down its Abu Dhabi office and two years after terminating its association with a Saudi Arabian…
Iran buys shares of AIIB multinational bank
Iranian deputy economy minister has announced buying shares of Asian Infrastructure Investment Bank. Deputy Economy Minister Mohammad Khazayee said,…
Mitsubishi UFJ Financial Group launches Islamic finance business in UAE
Mitsubishi UFJ Financial Group’s banking arm, the Bank of Tokyo-Mitsubishi UFJ has launched Islamic finance business through its Dubai branch…
QIC reports premium growth of 20%
Qatar Insurance has announced its nine months revenue ended September 30, 2015, following a meeting of the Board of Directors…
Saudi venture capital industry has sizeable potential
Saudi Arabia’s venture capital industry has a sizeable potential as there are many strengths in the ecosystem and current innovation…
Emirates NBD Egypt wins prestigious Best Cash Management and Trade Finance Bank Award in Egypt
Emirates NBD Egypt, one of the region's leading banks, has been named as the winner of the Best Cash Management…