Islamic finance body IILM to expand sukuk issuance to $860m
Malaysia-based International Islamic Liquidity Management Corp will expand its Islamic bond programme by $370 million to $860 million next week…
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QE the best performing Arab bourse in post-financial crisis era
Qatari bourse posted strongest recovery after the Lehman collapse and the consequent global financial crisis. At the close of…
NBO revamps small business unit to motivate SME sector
National Bank of Oman yesterday announced that it will revamp its small business unit in a bid to extend support…
New members at IFRS advisory council
Three new members have been appointed to the IFRS advisory council of the International Accounting Standards Board. The new…
Abu Dhabi Bank Tries To Revive $40M Credit Suisse Row
Abu Dhabi Commercial Bank PJSC urged a New York appellate court to revive its suit claiming Credit Suisse Group AG…
Qatar's Masraf Al Rayan says buys Islamic Bank of Britain
Masraf Al Rayan, Qatar's largest sharia-compliant bank by market value, said on Thursday it had completed its acquisition of Islamic…
Qatar Holding deal maker Fakhroo leaves for govt-linked role
A key mergers and acquisitions executive at Qatar Holding, instrumental in some of the fund's most high-profile deals in recent…
Al Baraka Banking Group Wins Islamic Business and Finance Best Regional Bank
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that it won “Best Regional Retail Bank…
Private wealth is increasingly shaping the world's real estate markets
Private wealth is increasingly shaping the world's real estate markets and the use of private equity in major property deals…
Moelis to hire ex-C.Suisse banker Touma for MidEast role
Moelis & Co, an independent investment bank, is set to hire Rami Touma, previously the Qatari investment banking head for…
Abu Dhabi wealth fund in ‘advanced talks’ to buy stake in iconic New York building
Abu Dhabi Investment Authority is in advanced negotiations to invest in New York’s renowned Time Warner Center alongside the Singapore…
Bank Hapoalim to cut 500 positions
Bank Hapoalim is drawing up a new streamlining plan, which will reportedly include the elimination of 500 positions. The plan…