Flying through the clouds
Sam Tayan, Regional Director - MENA, VMware and Elie Kanaan, VP Marketing - EMEA, VMware sit down with Matthew Amlôt…
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Islamic finance body AAOIFI to revise four standards, eyes sukuk
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first…
Is Green Sukuk a Viable Option for Clean Energy Initiatives in the GCC?
A number of GCC governments, including those in the UAE and Saudi Arabia, have set ambitious clean energy and energy…
Bahrain’s GFH completes capital reduction plan, cuts losses
It had received approval from the Bahraini authorities for the step, which reduces the nominal value of its shares by…
Gulf based managers set up dozens of new funds, attract foreign capital – Opalesque
While in the past Middle Eastern investors tended to outsource asset management to Western managers, today we can see that…
Alkhabeer Capital assesses private equity opportunities, challenges in Saudi Arabia
Alkhabeer Capital , a major asset management and investment firm based in Saudi Arabia, and authorized by the Capital Market…
Taxpayers From U.K. to Korea Take on Risk to Help Dubai’s Growth
When travelers breeze though Dubai’s expanded Al Maktoum International Airport in a few years, they’ll probably have the British taxpayer…
BNP Paribas shakes up investment banking division
BNP Paribas has announced a new governance for its Corporate and Institutional Banking division, previously called Corporate and Investment Banking.…
Dubai Aviation Corp launches $500 mln 5-yr sukuk
Dubai Aviation Corp, known as flydubai, has launched a $500 million five-year sukuk at the tight end of its previously-marketed…
Qatar moves to increase business regulation
Qatar has approved draft legislation that increases the regulatory burden on small businesses, weeks after the Gulf state fell 11…
First Gulf Bank Sees More Than 10% Profit Growth, Arqaam Says
First Gulf Bank PJSC (FGB), the United Arab Emirates’ third-biggest bank, expects its profit to rise by more than 10…
Banque de l'Habitat selects Capital Banking Solutions core-banking system
Capital Banking Solutions has announced that Banque de l'Habitat - Lebanon has selected CapitalBanker as its core banking system to…