(Bloomberg) — Dubai’s biggest bank is close to appointing Citigroup Inc. and Morgan Stanley to manage a rights share offering of as much as $2 billion,...
Bank Muscat’s Money Market Fund recorded the highest industry annualised return of 3.27% per annum (p.a.) during June 2019, higher than the typical call rate of...
Emirates NBD Bank on Monday increased its Foreign Ownership Limit (FOL) to 20% and announced its intention to increase it to 40% in the future, according...
(Bloomberg) — Singapore plans to award licenses for its new digital banking initiative by mid-2020, with successful applicants expected to start business a year later, its financial...
Since its establishment in 1967, Al Ahli Bank of Kuwait (ABK) has progressed to become one of the leading Kuwaiti banks offering integrated and seamless retail...
Global Sukuk (Islamic bond) issuance is set to rise to 6% to around $130bn this year, according to a Moody’s Investors Service report. This fourth consecutive...
Bank Nizwa’s credit card holders can avail credit-free transactions while on travel as the Sultante’s leading Islamic bank is waving fees on foreign transactions (FX), it...
Providing convenience and ease of mind when traveling, National Bank of Oman’s (NBO) Badeel Travel Prepaid Card is the perfect companion to spending abroad. Both NBO...
(Bloomberg) — The CFA Institute is set to add a record 21,380 new chartered financial analysts after 56% of test takers passed the third and final level...
(Bloomberg) — When HSBC thwarted a $500 million central-bank heist, sophisticated computer software didn’t raise the alarm. The funds flowed undetected from Angola’s reserves to a...
