International law firm launches Middle East tax practice
International law firm Pinsent Masons has announced the launch of a Tax practice in Doha to capitalise on work arising…
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NBK Group appoints new CEO
National Bank of Kuwait Group has announced the appointment of Salah Al Fulaij as the new Chief Executive Officer of…
Ten banks bid for Citigroup's Egyptian retail operations: sources
Citigroup has received 10 bids for its consumer banking business in Egypt, three sources with knowledge of the matter said…
HRH Premier praises HSBC's prestigious status
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at the Gudaibiya Palace today the Deputy Chairman…
Dubai World agrees on $14.6 billion debt deal
Dubai World on Monday announced that it had reached an agreement with a majority of creditor banks to amend and…
IIRA reaffirms ratings of Bahrain Islamic Bank
“IIRA has also reassessed BIsB’s fiduciary score at ‘65-70’. The fiduciary score captures the role of the management of the…
Saudi Fransi Capital Plans Dubai Office as Market Opens
Saudi Fransi Capital, the investment banking arm of Banque Saudi Fransi (BSFR), plans to open an office in Dubai before…
Bahrain offers direct subscription to govt sukuks
Bahrain Bourse (BHB) has announced that from today (January 11) investors can directly subscribe to the Government Islamic Lease Securities…
Sport-Middle East and Asia boost investment in top level sports
Repucom’s new ‘emerging Giants’ report is now available. Defining the trend which sees increasing investment from the Middle East into…
GIB launches region's first online-only bank
Bahrain-based Gulf International Bank has launched the Middle East's first online-only consumer banking business in Saudi Arabia, seeking to diversify…
BDO ties up with UAE bank for money transfer business
MANILA, Philippines–BDO Unibank is now a partner of UAE’s leading bank Emirates NBD for the latter’s money transfer service called…
Ithmaar Inaugurates New Atm
Ithmaar Bank, a Bahrain-based Islamic retail bank, has inaugurated a new drive-through Automated Teller Machine (ATM) at the Isa Town…