IDB opens Malaysia office to plug trading gap
Islamic Cooperation for the Development of the Private Sector, a unit of IDB, got a license in February from the…
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Kuwait Fund to provide Rs 806.4m for AJK
Kuwait Fund (KF) management has agreed to provide Rs 806.6 million for the completion of eight educational facilities including Rawalakot…
Emirates Investment Bank reports Q1 2014 results
Net profit was up by 26 per cent to AED 19.5 million compared to AED 15.4 million in Q1 2013.…
NBAD warns on margins
National Bank of Abu Dhabi's chief executive yesterday warned that falling margins were beginning to squeeze banks in the UAE,…
Wealthy Middle Easterners Make Up 60% of Second Citizenship Applicants
Pakistan, Lebanon and Egypt have the highest number of UHNW second citizenship applicants, with nearly 40% of all applicants…
Turkiye Finans advised by King & Spalding on issuance of $500 million Sukuk
“We were delighted to have worked with Turkiye Finans on this transaction,” said Rizwan H. Kanji, a partner in King…
Davis’s X2 Said to Study BHP Assets Bid With Abu Dhabi Support
Former Xstrata Plc Chief Executive Officer Mick Davis is studying making a bid for BHP Billiton Ltd. thermal coal and…
Al Hilal GCC Equity Fund wins '2014 Best Islamic Fund' at Banker Middle East Product Awards UAE
Al Hilal Bank, the progressive Islamic Bank, has announced that its Al Hilal GCC Equity Fund was named the '2014…
Two senior bankers leaving NBAD: Sources
Two senior bankers at National Bank of Abu Dhabi are leaving the lender to pursue other opportunities, three sources said…
UAE financial advisors seized opportunity in global crisis
One of the more memorable lines to come out of the global financial disaster in 2009 came from an American…
Ethical banking to take over: Abu Dhabi Islamic Bank CEO
The chief executive of Abu Dhabi Islamic Bank, the largest Sharia-compliant bank in the United Arab Emirates, believes the banking…
Middle East, a hotbed for selling technology-enabled products and services
Indian startups eager to sell technology-enabled services and products in global markets are finding customers in a hitherto untapped region,…