07/31/2020
The number of high net worth individuals (HNWIs), those with investable assets in excess of $1 million, has declined slightly in the first half of 2020 but the UAE still had more than 340,000 HNWIs as of June this year.
07/23/2020
French national bank ready to deploy first tranche of capital
07/22/2020
The new office opening is in addition to the bank’s Dubai International Financial Centre branch office and a representative office in the Abu Dhabi Global Market. It also has representative offices in Lebanon and Egypt.
07/17/2020
Saudi Arabia generated the most fees in the region during the first six months of the year
07/09/2020
Non-oil private sector activity in the Middle East’s business hub improved for the first time.
07/03/2020
David Livingstone told a conference on Thursday that while there was no set time-table for the lender to obtain a full banking licence in Saudi Arabia, the outlook for financial sector activity is positive.
06/16/2020
It will take a combined Dh901.36m form special and legal reserves to do so
06/09/2020
The North Carolina-based bank is believed to have bought 100 million shares - about 1.51% - of Emirates NBD
06/03/2020
SHUAA brings track-record of structuring and investing over US$ 4 billion of debt deals
06/01/2020
Western financial institutions have been seeking opportunities in Saudi Arabia
05/17/2020
The EBRD stands ready to provide support worth €21 billion over the 2020-21 period.
05/14/2020
The loan arrangement also looks to raise infrastructural efficiency to meet the requirements of companies looking to seize investment opportunities in Egypt.
05/14/2020
The other half will be on-lent to local companies suffering from the negative economic consequences of the Covid-19 outbreak.
05/13/2020
The region had entered 2020 with strong finances and, after an initial phase of assessing liquidity needs, companies and governments are now looking more strategically at potential opportunities
05/12/2020
The extra cash could give Mubadala more firepower to buy stakes in companies later this year when many are expected to seek liquidity due to the economic crisis.
05/12/2020
The bank's operating income decreased by 48%
04/28/2020
British bank will no longer process standing orders, in Ramadan blow for one of UK's leading pro-Palestinian aid organisations
04/26/2020
The restructuring is aimed at reorganising Binladin’s assets into sector-led businesses and streamlining operations
04/17/2020
Investment banks have earned a total of $188.8m in fees during the first three months of 2020, Refinitiv says
04/16/2020
The impact on wholesale and investment banks’ earnings are even more at risk in GCC countries.