UAE, Qatar markets extend gains; Egypt rebounds
Financial and property stocks lifted bourses in the United Arab Emirates and Qatar on Tuesday, while Egypt rebounded after three…
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Barwa Bank initial mandated lead arranger on Ezdan debut syndication
Late in 2013 Ezdan took on a new direction by looking to strategically diversify their business. Ali Al-Obaidli,…
NBAD wins two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
New head of Temenos Middle East team appointed
Temenos has announced that Jean-Paul Mergeai has been appointed to lead its Middle East team. His appointment is part…
UAE Banks: A convincing proposition
What are the latest trends in the UAE banking sector? "Competition in the local banking market is increasing significantly and…
Primary issuance of GCC bonds, sukuk total $98 bn in 2013
The aggregate primary issuance of bonds and sukuk in the GCC totalled $97.7 billion in 2013, a 14.5 per cent…
More growth seen for Middle East banks
There is a probability of such a number again in 2014, but high single-digit growth is most likely, Dr Reinhold…
Qatar’s QNB Said to Hire McKinsey to Advise on Egypt Bank Growth
The company is helping the state-controlled lender devise a five-year plan for Qatar National Bank Alahly, said the people, who…
Gulf region still a risk for investors, EIU report says
Despite improvements in regulations and moves to diversify Arab economies beyond natural resources, global investors remain wary of doing business…
Dubai launches Islamic Murabaha platform
Dubai has launched a new comprehensive Islamic Murabaha platform to provide local and regional banks with Shariah compliant financing solutions…
Bank Muscat wins Best Asset Manager award by Emeafinance
Bank Muscat, the flagship financial services provider in the Sultanate, has won the Best Asset Manager award by Emeafinance. …
Saudi Arabia's NCB plans capital hike before IPO
National Commercial Bank, Saudi Arabia's biggest bank by assets, plans to boost its capital by 5 billion riyals ($1.3 billion)…