Jassim Alseddiqi Named CEO Of Shuaa Capital Following ADFG Merger
The combined entity will exit non-core businesses to focus on becoming the leading asset management and investment banki... Read more
Top Level DIFC Delegation Completes Mission To Indian State
Dubai International Financial Centre chases more Indian FinTech businesses during trip to Maharashtra Read more
Dubai's Liv Says Customers Rush To Open Accounts To Win Private Island
Digital-only lifestyle bank by Emirates NBD reveals it has seen 44,000 new accounts opened since launch of competition t... Read more
UAE's Mubadala Says $19bn Spent On Expansion Plans In 2018
Abu Dhabi wealth fund says it invested in new areas such as medtech, pharma and agribusiness last year Read more
India's Largest Commercial Bank Cuts Interest Rates
State Bank of India's move may affect millions of Gulf-based non-resident Indians Read more
Abu Dhabi's ADCB Quarterly Profit Drops 11% On Cost Of Funds
Abu Dhabi Commercial Bank combined with local rivals Union National Bank and Al Hilal Bank to create the Gulf region's f... Read more
DIFC Bucks Global Trend With Double-digit Growth In Companies
Malaysia's Maybank Islamic Berhad, Cantor Fitzgerald and Australia's Atlas Wealth Management were among the financial fi... Read more
Dubai's DSA Investments May Join Bid For Mines Once Owned By Guptas, Glencore
The venture would be between Orchid Mining, a unit of DSA, and Nehawu Investment Holdings Read more
UAE Islamic Banks See Slower Financial Growth
Fitch Ratings predicts asset-quality metrics for Islamic banks in the UAE will remain under pressure for 2019 Read more
KIPCO Raises Over $312 Million From Rights Issue
Issue saw a 17 percent oversubscription for 452,748,662 ordinary shares Read more
Saudi's Qiddiya In Talks With Investors To Fund Entertainment, Sports City
CEO Michael Reininger says Qiddiya is looking at joint ventures, land leasing and privatisation to fund the project Read more
Revealed: How Healthy Is The UAE's Banking Sector?
New research says UAE banks are generating healthy earnings despite tougher economic conditions in Q1 Read more
Zain KSA Agrees $600m Murabaha Facility
Deal to refinance existing $600 million facility with Commercial and Industrial Bank China Read more
UAE Banking Giant Quits Qatar Amid Regulatory Dispute
First Abu Dhabi Bank has notified the Qatar Financial Centre Regulatory Authority that it will relinquish its Qatar Fina... Read more
Ex-UBS Banker Said To Lead Bid For Abraaj Funds
Sources say boutique investment firm founded byYassine Bouhara is bidding to buy funds managed by the collapsed Abraaj G... Read more