Abu Dhabi Global Market chief sounds cooperative note on DIFC
The chairman of the Abu Dhabi Global Market said the capital’s financial centre under construction on Maryah Island has not…
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Dubai Islamic Bank foreign ownership limit raised
Dubai: Dubai Islamic Bank announced that Foreign Ownership Limit (FOL) allowed for the bank has been increased by an additional…
Gulf Finance House : appoints eight new board members, may issue Sukuk
Gulf Finance House, the Bahrain based Islamic investment bank, concluded its Ordinary and Extraordinary General Meetings of the Bank for…
MidEast Shares Mostly Gain, Saudi Arabia Rises on Merger Speculation and Q1 Results
Middle East stocks mostly rose, with Saudi Arabia gaining on Q1 results and merger speculation. Asharq Al-Awsat newspaper reported,…
Dubai Islamic Bank foreign ownership limit raised
Dubai Islamic Bank on Tuesday announced that Foreign Ownership Limit allowed for the bank has been increased by an additional…
Customer Service “Biggest” Challenge For UAE Banks – Senior Official
Customer service remains a key challenge for banks in the UAE, but a lot of effort is being directed into…
National Bank Of Kuwait Q1 Net Profit Up 3.2%
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, reported a 3.2 per cent rise in first-quarter net…
Dubai Properties to have extended remit
Dubai Properties is to have a vastly upgraded operational role after its parent, Dubai Properties Group, the property development arm…
KSA banks continue to show resilience
Saudi Arabia’s banking sector is being urged to shun its conservatism and start lending to the SME and housing sectors,…
Swiss bank to relocate head of SWF business to Dubai
UBS is relocating Alberto Palombi, head of the investment bank’s global sovereign wealth fund business, to Dubai as deals pick…
Dubai-Based Dutco Group Of Companies Claims First Middle East Investment In Maldives Leisure Industry
The acquisition by the UAE-based Dutco Group of Companies –owners of JA Resorts & Hotels – of a high-end resort…
Dentons advise DAMAC on inaugural debt issuance
Dentons has advised DAMAC Real Estate Development Limited, a leading developer of high-end and luxury residential property in the Middle…