Banks behaving badly: can Middle East sector profit?
The reputation of international banking is under scrutiny once again over another scandal, this time in the foreign currency trading…
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Saudi Investment Firm Jadwa Eyes Real Estate Push
Saudi Arabia’s Jadwa Investment, one of the country’s largest privately owned investment firms, says it is planning to invest in…
Bahrain’s Arcapita Raises $100 Million After Exiting Chapter 11
Bahrain’s Arcapita Bank BSC has raised $100 million from shareholders to fund a return to dealmaking a year after it…
UAE banks record faster growth rates
Banks in the UAE recorded stronger growth rates in lending, deposits and assets in the first nine months of 2014…
Ethica Wins Islamic Finance Awards at UK's Global Banking and Finance Review
The Global Banking and Finance Review in the UK announced that Ethica Institute of Islamic Finance in Dubai wins the…
NBAD Renews Sponsorship of Formula 1™ Etihad Airways Abu Dhabi Grand Prix
The National Bank of Abu Dhabi (NBAD) has renewed a multi-year agreement to be the Official Bank of the FORMULA…
IBQ wins STP Award from Commerzbank
International Bank of Qatar (ibq) has won the Commerzbank “Straight Through Processing (STP( award for the fourth year running, which…
After a Successful Launch, Dubai Based Fortress Prime Aims at FCA Regulation
After quietly launching in September, Middle Eastern prime brokerage Fortress Prime is announcing that it is aiming to get regulated…
Risk Appetite Lifts as Growth Expectations Pick Up – BofA Merrill Lynch
Global investors have a restored appetite for risk amid greater optimism over the outlook for profits and the economy, according…
Turkish Bank’s Star Fades Amid Political Spat
Twelve months ago, Asya Katilim Bankasi AS was riding high. A rapidly-growing Turkish bank with powerful friends in government, it…
Bahraini fund Mumtalakat launches $600 mln seven-year sukuk
Bahrain sovereign fund Mumtalakat has launched a $600 million seven-year sukuk at the tight end of its previously-marketed price range,…
Are COOs in the Middle East ready to adapt to the changing Operational challenges
The 10th Annual OPEX kicks off in Dubai, UAE. The most awaited COO event of the year - 10th…