The US’ decision in 2004 to blacklist Al Haramain Islamic Foundation sparked a legal battle
GFH first acquired the club in late 2012
Many investors may remain absent on the last day of the working week
The deal could be worth around $55m to $70m
The Financial Services Regulatory Authority of Abu Dhabi Global Market has warned against interacting with the firm
Majority of survey respondents say life insurance is too expensive
More than 15 staff responsible for selling the assets of Dubai World have been handed notices
Egypt reached a preliminary agreement with the IMF in August for a $12bn three-year lending programme
The long-awaited law was approved by the cabinet this week
The new law is anticipated to decriminalise bounced cheques
QNB has obtained regulatory approvals needed to open the office
Salaries across the GCC region are projected to rise next year due to better economic conditions
The share sale was “a fraud on its shareholders”, the lawsuit said
Demand from Asia could fuel a pipeline of Saudi bonds after a debut issuance expected later this year
Banks and businesses need to enhance millennials’ online experience
Transfers by locals and remittances by foreign workers took a significant hit in July
Garry Beaton joins the fund from Ashmore Group
Assets shrank by 16 per cent year-on-year in July to their lowest level since February 2012
The Qatari bank is currently present in more than 30 countries worldwide
Revenues were down 32 per cent in the first half of the year
Earlier this year, Emirates Islamic cut around 200 jobs
Peter England said it would be a tough year for the bank despite some signs of improvement
The government began regular monthly sales in mid-2015 to help cover a budget deficit
Funds will be used to expand the platform internationally
The deal is subject to board approvals and due diligence
The MENA region recorded six IPOs in the second quarter of 2016
The funds add to a 2015 revolving facility
The move is expected to take effect at the start of next year
GCC gears up for one of its heaviest-ever periods of international issuance – possibly over $25bn by the end of October
An official said most banks participated in the offer