MENAdrill signs $130 million finance dealMENAdrill Investment Company (MIC), incorporated in Cayman Islands and principally promoted by First Energy Bank (FEB), has signed a three-year $130 million limited recourse Islamic financing with Gulf International Bank (GIB). The facilit More… |
Saudi Algosaibi 'wins damages claim'The Grand Court of the Cayman Islands yesterday granted a default judgment in favour of Ahmad Hamad Algosaibi & Brothers (AHAB) against Maan Al Sanea, said a report. AHAB said it would now push for an assessment of damages for conspira More… |
DFSA inks Cayman Islands dealDubai Financial Services Authority (DFSA) said it has signed a co-operation agreement with the Cayman Islands Monetary Authority (CIMA), the single regulatory authority for banks insurance companies, mutual funds and securities business in the isl More… |
New Mayfair service targets female investorsMayfair Wealth Management (MWM), a leading offshore investment advisory services provider based in the Cayman Islands, has launched a wealth management service targeting female investors in the Middle East. The new service Ameerah, a speci More… |