05/23/2018
The Turkish banking sector has drawn a significant amount of foreign investments and the latest example is the sale of Denizbank to the UAE-based lender NBD
05/23/2018
The agreement on pricing and the merger are credit positive for Alawwal bank because it will strengthen and diversify its business and support overall credit profile
05/18/2018
At the same time UBS is tapping rivals for key staff as well.
05/17/2018
Launched in 2017, CCRManager is a digital trade finance platform that connects various banks and financial institutions to originate and distribute trade assets.
05/17/2018
Deal is kingdom’s first bank combination for almost 20 years
05/15/2018
Our strategic priorities on our Wholesale Banking transformation, our digital bank rollout and our organisational health continue to progress and underpin the improving trend on our financial performance.
05/15/2018
Fund aims to support start-ups whose ownership is over 51% Emirati
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.