05/14/2018
With this distribution, the total amount distributed to clients investing in GMFA reached $141 million and total amount distributed by the private equity asset management team reached $612 million to funds’ investors since inception.
05/14/2018
Net profit down 9.5% to AED 15.00 million (Q1 2017: AED 16.57 million)
05/14/2018
ABN Amro to close Dubai office amid thin business for Dutch lender
The bank plans to transfer some of its international commodities business clients to Amsterdam
05/08/2018
He considered that SMEs’ success shouldn’t be measured through the number of loans or beneficiaries, however in loans returns and profit and in measuring the number of projects that have already been able to grow bigger without external suppor
05/08/2018
The awards recognized banks that stood out during a year when it became clear that reform in the Middle East is not just about dynastic change.
05/03/2018
Company posts KD 3.9 mln revenues, KD 1.6 mln net profit
05/02/2018
Mashreq, the sole coordinating bank and book-runner for Stanbic Bank Kenya’s fourth international syndication attracted many investors
04/26/2018
Bank Muscat is proud to sign the agreement with MetLife and widen the range of bespoke bancassurance products for customers.
04/25/2018
A highly respected figure in the financial sector, Issa is the Chairman of the Oman Banks Association. Abdul Razak, who has over 41 years of experience in the banking sector, assumed the role of CEO of Bank Muscat in 1994.
04/25/2018
Bond sales from MENA have climbed 20% to $58 billion in 2018
04/25/2018
She said Pakistan had been a special partner of China for decades and with the launch of CPEC, the bilateral relations had further strengthened.
04/22/2018
UAE is meeting point for two-way trade worth $570b with Asia, Europe, Africa and the Rest of the World
04/19/2018
The issuance, which matures in April 2023, was oversubscribed 2.1 times, receiving orders of US$1.07 billion from 50 bids across a diverse group of investors that included one third from outside the Middle East.
04/18/2018
His Highness Sheikh Mohamed has issued a Resolution appointing Saif Saeed Ghobash as Under-Secretary of the Department of Culture and Tourism — Abu Dhabi, DCT Abu Dhabi.
04/18/2018
The report also reinforces the importance of maintaining a well-diversified long-term core investment portfolio.
04/17/2018
Some Citi executives admitted the 2004 withdrawal was “a mistake,” and for the past two years the bank has played a central role in the big sovereign bond issuance program.
04/16/2018
For almost 100 years, the Bank has built a strong network across the region and this plays to its strength.
04/16/2018
Emirates NBD is the latest foreign bank seeking to expand its presence in Saudi Arabia
04/13/2018
Lower activity in debt and equity issuances and M&A hurts banks