National Bank of Abu Dhabi plans $350 mln convertible bond
National Bank of Abu Dhabi, the UAE's largest lender by market value, plans to sell $350 million in a…
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Aon Hewitt Analysis Shows Modest Improvement in Global Employee Engagement Levels
Though organizations around the world continue to struggle with economic volatility and uneven growth patterns following the global recession,…
Thomson Reuters, ICD, launch Islamic Finance Indicator
The indicator is a numerical measure representing the overall health and growth of the Islamic finance industry worldwide. …
Turkey passes "wealth amnesty" law to lure back funds from abroad
The Turkish parliament passed a "wealth amnesty" law late on Tuesday designed to lure back funds held abroad by affluent…
HSBC Middle East inks deal with Zurich
HSBC Middle East has signed an exclusive 10-year agreement with Zurich Insurance Middle East to distribute its personal and…
National Bank of Bahrain's ratings affirmed
Capital Intelligence, the international credit rating agency, announced that it has affirmed National Bank of Bahrain (NBB)'s Long- and Short-Term…
Crowell & Moring Cairo advises ADIB-Egypt on Islamic finance deal
In a first-of-its-kind transaction in post-revolution Egypt, Crowell & Moring's Cairo office has advised the Abu Dhabi Islamic Bank-Egypt…
BlackRock creates Middle East and Africa head role
MacKenzie joins the company from UBS where he has worked since 1983, most recently as global head of products,…
T. Rowe Price Says Dubai, Qatar Deserve MSCI Upgrade to Emerging
Dubai and Qatar deserve to be upgraded to emerging-market status at MSCI Inc. (MSCI) next month, T. Rowe Price Group…
Increasing shift into private equity by Middle Eastern SWFs
Major sovereign governments and sovereign wealth funds (SWFs) in the Middle East are increasingly considering new private equity models for…
Qatar National Bank Group gets nod for India subsidiary
The Qatar National Bank (QNB) Group has announced that it has received all regulatory approvals to establish a fully owned…
National Bank of Bahrain, SIO Asset Management complete purchase of Bahrain Islamic Bank shares
National Bank of Bahrain and SIO Asset Management Company have announced that they have completed the purchase of…