Bahrain lender sells Ahli Bank stake to Qatar Foundation
Ahli United Bank, Bahrain's largest listed lender, has sold most of its 33 percent stake in Qatar's Ahli Bank to…
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Islamic Finance news awards results: Deals of the Year 2012
The results of the Islamic Finance news Deals of the Year 2012 awards are now out. This year, over 300…
Summit Partners Invests in Middle Eastern E-commerce Company
The investment of undisclosed amount comes on the heels of a previous investment in Namshi by JP Morgan Asset Management…
Emirates NBD unit plans $408m rights issue
The Islamic unit of Emirates NBD, Dubai's largest listed bank, intends to begin a AED1.5bn ($408m) rights issue this month.…
Bahrain Islamic banks merger completed
The merger of three Bahrain-based Islamic banks has been completed to create a new financial institution with total equity of…
First Gulf Bank's investor relations head quits
The head of investor relations at First Gulf Bank has resigned from the bank to move to Qatar, the bank…
Bank Aljazira first Saudi bank to invest in Kingdom sports industry
The agreement has been signed by Khaled Al Othman, Senior VP and Head of Retail Banking Group at Bank Aljazira…
Outlook for M&A in 2013
Global economic uncertainty has hindered M&A activity. Cautious corporates have generally elected to use their profits to fund working capital…
Schroders 2013 Outlook – A year in global climate change
2013 Outlook: A year in global climate change - Simon Webber and Giles Money, Portfolio Managers for the Global Climate…
SunGard tops technology ranking
SunGard has been awarded first place in Risk Magazine's annual Technology Rankings with its Ambit Asset and Liability Management (ALM)…
Citi CEO announces management team
Citi Chief Executive Officer Michael Corbat today announced the roles and responsibilities of the members of his management team and…
Dubai Islamic Bank announces its intention to take over 100% of Tamweel
UAE's largest Islamic Bank to complete the acquisition of the largest mortgage provider Offer sets 18 Tamweel shares equal to…