British buyer pays $19m for off-plan villa on Palm Jumeirah
A villa on Dubai’s Palm Jumeirah has sold for an eye-watering $19 million AED70 million, marking a new high for…
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Global assigned to manage $40 million portfolio of non-core assets for a Kuwaiti bank
The portfolio consists of diversified assets that are considered non-core to the bank. Global’s role is to manage these assets,…
Arzan Wealth advises on EUR 27.2 million office acquisition in Netherlands
Arzan Wealth DIFC Limited has announced that it has advised a consortium of investors on the acquisition of a newly…
UAE banking sector to witness consolidation in retail and SME business
The UAE’s banking sector is expected to go through a period of consolidation this year in their retail and small…
Jordan signs pact to create Asian bank for investment
Minister of Planning and International Cooperation, Imad Fakhoury, Monday signed an agreement to establish the Asian Infrastructure Investment Bank in…
Disappearing sukuk sales dominate Gulf agenda
This year is shaping up to be a disappointing one for Islamic bond sales in the six-nation Gulf Cooperation Council.…
Etisalat And NBAD Join Forces To Launch Mobile Cashier
Etisalat, one of the UAE’s leading telecommunication operators, and the National Bank of Abu Dhabi, NBAD, have partnered to jointly…
Saudi real estate: Major price correction ruled out
While the pace of development across Saudi Arabia is likely to slow in the face of lower oil prices, the…
Banks in Oman back calls for avoiding debt pitfalls
Banks in Oman believe that ease of access to financing and a wider range of options have enhanced the experience…
QFBA signs MoU with Dirassat
Qatar Finance and Business Academy, which operates under the auspices of the Qatar Financial Center, has announced the signing of…
Alpen seeking niche in asset management
Alpen Capital launched Alpen Asset Advisors Limited, an independent financial advisory and asset management company incorporated in the Dubai International…
Basel III starts to dominate Top 1000 rankings
There has been an important departure in The Banker's methodology for the Top 1000 World Banks ranking this year, owing…