Saudi billionaire accuses Standard Bank of conflict of interest
Saudi billionaire Sheikh Mohamed Bin Issa Al Jaber has hit back in his High Court battle with Standard Bank, accusing…
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Warning over downgrade puts DIFC Investments under pressure
Standard & Poor's has warned of a potential downgrade of the credit rating of DIFC Investments, the investment arm of…
Government spend increase sees boost in Saudi bank lending
Saudi banks are lending more as government spending boosts confidence in the country's economy, Bloomberg has reported. Ten out of…
More expected to flock to Turkey as Bakers secures long-planned launch
Baker & McKenzie is set to join the growing ranks of international law firms in Turkey after entering into a…
Standard Chartered Reviews Bond Mandates, Mideast CEO Says
Standard Chartered is reviewing a large number of bond mandates, of which some will go to market before the end…
Takaful players set to enhance UAE's insurance industry
With seven Takaful companies currently operating in the UAE and five new Takaful providers set to launch shortly, the Takaful…
HSBC Amanah first to offer global Islamic Finance training
HSBC Amanah is first in the Islamic finance industry to launch a comprehensive range of training for staff globally. Training…
International law firm adds Banking & Finance partner to Middle East team
International law firm Clyde & Co., have announced that banking & finance partner Adrian Low has joined its Middle East…
Aldar will repay $1bn sukuk say investors
Investors in Aldar Properties' $1.1 billion sukuk, which is due on November 10, are betting the indebted developer will repay…
Turkey’s Tax Change Paves Way for Sukuk Sales
Islamic bond sales from Turkey are picking up pace after the government changed its tax law to apply the same…
HSBC to resurrect Saudi exchange-traded fund
HSBC is due to test demand for Middle East exchange-traded funds this month, when the bank resurrects plans to launch…
Hunting down US tax evaders
The US government is more aggressively hunting down tax evaders, which may be making some Americans living in the UAE…