HSBC gets license to buy Saudi stocks directly
HSBC Holdings has received a qualified foreign investor license in Saudi Arabia and traded shares on the bourse on Monday,…
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HDFC makes affordable housing play; launches $1-billion global fund
Some of the bulge-bracket global investors are betting on India's affordable housing story with the country's leading mortgage lender HDFC…
ATM fraud alert sounded out
The Saudi Arabian Monetary Agency, the Kingdom’s central bank, has warned commercial banks to improve their systems and customers to…
Bullishness and Savvy Thinking: How GCC Investors Are Making Waves in Uncertain Times
Why falling oil prices are turning savvy investors to foreign markets At the close of last year, the real…
Alkhabeer Capital Liquidity Fund 'Hasseen' Awarded 'Best Islamic Fund 2015' By Banker Middle East
Alkhabeer Capital has announced that it has been awarded "Best Islamic Fund 2015" by prominent banking publication, Banker Middle East,…
Significant untapped growth potential of Digital Islamic Services – RESEARCH
Deloitte and Noor Telecom, a Kuwait-based, Sharia-compliant closed-shareholding company, have collaborated with Dubai Islamic Economy Development Center ( DIEDC ) for the compilation of…
NBAD Sukuk Income Fund Delivers 2.22% Dividend Semi-annualised
National Bank of Abu Dhabi Sukuk Income Fund has earned a total income of USD 673,894.69, equivalent to 2.22% of…
Thomson Reuters awarded "Best Research House" in 2015
Thomson Reuters has been named the "Best Research House" by The Asset Triple A Islamic Finance 2015 Awards. The…
Bonds and sukuk issuances under the new UAE Commercial Companies Law
The long anticipated UAE Federal Commercial Companies Law no. 2 of 2015 (the “New Companies Law”) was issued on 25…
EY: Nearly half of MENA businesses do not have an anti-bribery or anti-corruption policy
The survey, which polled 3,800 employees of large businesses in 38 countries (400 in MENA, including Saudi Arabia, UAE, Oman…
NBAD launches $750 million Additional Tier 1 Perpetual Bond
NBAD initially held a set of investor meetings in Singapore, Hong Kong, London, Frankfurt, Zurich and Geneva, and following strong…
BankDhofar Celebrates the Opening of New Salalah Airport
Reaffirming its position as a strategic partner and key contributor to the major development projects in the Sultanate, BankDhofar has…