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Dubai Islamic Bank opens new funding channel with first-ever syndicated Islamic facility
It’s the lender’s second debt market outing this year — and its first time in the syndicated loan market
Swiss bank EFG International taps Ranjit Khanna as Dubai CEO
Khanna joins from Bank of Singapore, where he led its private banking business for Europe and the Middle East out…
ADIB taps AI veteran Pedro Uria-Recio to scale AI deployment across the bank
Former CIMB Bank executive joins ADIB to scale AI across customer experience, risk, and operations
THIS MORNING: Fujairah workaround attracts Aramco attention + AD Ports’ tender clock starts
Plus: IRGC reportedly detains UAE-linked tanker in Hormuz
DP World makes headway on Port of Tartous, Adnoc Gas lines up contracts for RGD project, CBD allows for cross-bank payments, Sanad to double engine capacity, Tax Star secures USD 1.75 mn
DP World added three cranes to the Syrian port as part of its USD 800 mn investment program
As Qatari sovereign and corporate money moves abroad, Mashreq is following it out the door
Its latest move: a GBP 450 mn green loan behind Diar’s refinancing for a hotel on Grosvenor Square
Inside the architecture of a borderless bank
A borderless bank starts with an operating system that can travel. As Mashreq scales across the UAE, Egypt, the India…
THIS MORNING: UAE fends off another round of cyberattacks against key sectors + Archer acquires three Boeing units
Dubai banks are having to pay mns of USD to back up data abroad after AWS disruption
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