Bank Al-Maghrib, the Moroccan central bank, will buy $100 million of green bonds issued by the World Bank to support environmental projects.
The announcement came...
China Construction Bank, one of China's âbig fourâ state-owned banks, has listed $600 million of bonds on the Nasdaq Dubai exchange.
Yuan Shengrui, senior executive...
Commercial Bank of Dubai has hired Bernd van Linder, the managing director of Saudi Hollandi Bank, as its chief executive.
Van Linder will replace Peter...
Swiss investment firm CdR Capital has appointed Faysal Badran to the board of its Dubai operation.
Badran was formerly head of asset management and chief...
Kuwait-based bank Ahli United has listed a $200 million Islamic bond on the Nasdaq Dubai exchange.
Known as sukuk, Islamic bonds are structured around an...
Dubai Financial Group has sold its 11.8% stake in Egyptian investment bank EFG Hermes to France-based Natixis as part of a debt restructuring deal.
Although...
Iran has re-established brokerage links with 450 foreign banks as it seeks to rejoin global financial networks, according to state media.
The statement, delivered by...
