ADIB eyeing measures to raise capital
Abu Dhabi Islamic Bank will ask shareholders to approve capital-raising measures including a rights issue and an increase in size…
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Egypt- NBAD managing $1.5bn bonds for Egyptian government: CEO
The National Bank of Abu Dhabi has been selected to manage the issuing of Dollar bonds the government is officially…
ING, Qatar National Bank, Bahrain's ABC eye HSBC Turkey arm: sources
NG Group NV, Qatar National Bank QNBK.QA and the Bahrain-based Arab Banking Corporation ABCB.BH are among the potential bidders for…
1MDB partners pump US$1 billion into troubled strategic fund
The funds from Abu Dhabi's International Petroleum Investment Company and its Aabar Investments unit will be paid by June 4,…
Diamonds for loans scheme launched in Dubai
Commercial Bank of Dubai and DMCC Tradeflow, the online platform for registering possession and ownership of commodities stored in the…
Emir orders study on operations of state-backed investment companies
The Emir, who is the chairman of the Supreme Council for Economic Affairs and Investment chaired the Council's Second Meeting…
DED and Servcorp partner to enhance ease of doing business in Dubai
The Department of Economic Development (DED) in Dubai and Servcorp, world's finest serviced office provider, have signed a memorandum of…
Egypt to Re-enter Debt Market with Bond Sale
Egypt is returning to the international debt market for the first time since protests erupted in the Arab Spring in…
First Investor official honoured at corporate counsel awards
A top official of The First Investor, the investment banking arm of the Barwa Bank Group, has been recognised during…
SABB named ‘employer of the year’
The Saudi British Bank was named ‘Employer of the Year’ in the private sector at the Annual MENA HR Excellence…
Foreign investors set sights on UAE
Foreign institutional investors on the UAE bourses have made a beeline ever since the UAE index was upgraded to emerging…
Dubai Islamic Bank prices $750 mln 5-yr sukuk – leads
Dubai Islamic Bank has priced a $750 million sukuk with a five year lifespan, a document from arranger banks said…