Judge rules Bahrain’s GFH can seize Dubai fraudster David Haigh’s properties
A judge has ruled that Bahrain’s GFH Financial Group can seize Dubai fraudster David Haigh’s properties following his failure to…
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UAE issues a historic 'federal' bond issue to raise $4b
The UAE's Ministry of Finance has released a $4 billion bond package for subscription, featuring a 10-year tranche, another of…
Qatar’s large state footprint in economy helps local banks navigate stress with minimal impact: S&P
Qatar’s large state footprint in the economy helped local banks navigate (pandemic-induced) stress with a minimal impact, with further positive…
Saudi wealth fund completes deal for Newcastle United FC
The head of the Public Investment Fund, Yasir Al Rumayyan, will become a non-executive chairman of the Premier League club…
Public Investment Fund hires head of global private equity
Saudi Arabia’s Public Investment Fund hired Tony Hage as the head of global private equity. Hage joined the Kingdom’s…
Mashreq Bank appoints Govindaiah as Associate VP to expand India operations
Dubai-headquartered Mashreq Bank has appointed Jayaram S Govindaiah as Associate Vice President (Group Real Estate and corporate services) to expand…
No Tantrum Just Taper
The first half of this fiscal year is now behind us. Indian equities are up about 20% over the last…
GCC banks begin post pandemic recovery: S&P
GCC banks have begun their recovery from the unprecedented shock from COVID-19 pandemic, according to rating agency Standard & Poor’s.…
Iran appoints new central bank chief – state media
Iran has appointed Ali Salehabadi as head of the central bank, Iranian state TV reported on Wednesday, as the Islamic…
Saudi sukuk market sees four special deals worth $15mln
Four special deals were completed today in the Saudi sukuk and bond market, with a total value of SR56.17 million…
QIB bags award from Visa for enhanced digital solutions to cardholders
Qatar Islamic Bank has received “Appreciation for Innovation in Digital Banking” award from Visa for its continuous efforts in providing…
ITFC CEO announced as Islamic Trade Finance CEO of the Year Saudi Arabia 2021
The Global Banking & Finance Review has announced ITFC’s CEO, Eng. Hani Salem Sonbol as the winner of the Islamic…