The KFH/Ahli United merger is moving forward; Fitch downgraded Saudi Arabia; Lebanese central bank Governor Riad Salame sought to reassure depositors that they would be able to withdraw dollars from banks, and the UAE dropped its ban on citizens travelling to Lebanon.
Eid el-Fitr began in most Muslim countries on Tuesday 4 June and will continue until the end of the week.
Eid el-Fitr marks the end of Ramadan, the month during which Muslims fast during the hours of sunlight.
The next big Muslim holiday will be Eid el-Adha, which marks the end of the annual pilgrimage to Mecca and Medina. Eid el-Adha is expected to begin around 11 August.
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We are welcoming ODDO BHF, the German investment bank and asset manager; TLT Sollicitors, and Spector Constant and Williams sollicitors.
Alexander & Partner is pleased to present an update on recent financial regulatory initiatives in the GCC. This update covers the period from July to September 2019 and contains information on initiatives in Bahrain, Saudi Arabia and the UAE. This Regulatory Update will be a regular feature on our website, with new updates being published approximately every quarter. The Update is...
Global liquidity pools total around $ 130 trillion, and hundreds of billions of dollars from those pools move around financial markets every month. Arab Banker spoke to Michael Howell, the founder of Cross Border Capital, to understand what drives the movement of global liquidity pools, and how investors can profit from them.
IQ-EQ is a Jersey-based firm that provides administration, complianace asset and advisory services. It has an international footprint that includes long experience in the Middle East. Pete Unwin (pictured) will lead the firm's relationship with the ABA.