06/15/2023
Burgan Bank closes $800mln unsecured term loan facility
The syndication, originally launched at $300mln in February 2023, was oversubscribed threefold, with commitments totaling $920mln
06/15/2023
The syndication, originally launched at $300mln in February 2023, was oversubscribed threefold, with commitments totaling $920mln
06/15/2023
This achievement reflects OAB's human resources policies, which prioritize inclusivity and forward-thinking practices
06/14/2023
The capital hike is still subject to the approvals of the Central Bank of the UAE as well as the Securities and Commodities Authority
06/14/2023
The development comes on the heels of the 10th Arab-China Business Conference that concluded in Riyadh on Monday.
06/13/2023
This inaugural transaction will register ABK with the largest facility, by volume, from a Kuwaiti borrower targeting the Asian market to date
06/12/2023
Through its ESG based risk management framework, the EPs support sustainable development efforts worldwide.
06/12/2023
Cash prizes were also awarded
06/12/2023
UAE bank investments are at an all-time high says CBUAE
06/09/2023
The Bank has emphasized the continuation of its efforts to offer innovative solutions and qualitative real estate financing programs aimed at providing housing options which perfectly suit the Saudi family’s needs
06/08/2023
The spread on CBD's bonds was set at 140 basis points over US Treasuries, tightened from initial guidance of 175 bps HSBC (0005) and Standard Chartered are joint global coordinators on the debt sale.
06/08/2023
Total assets stood at BD2.08 billion as at 31 March 2023, 10% lower than BD2.31 bn as at 31 December 2022.
06/06/2023
Economic trends are incentivizing multinational banks and financial services firms to expand their operations in the Gulf region.
06/06/2023
Lenders did not disclose the reasons for the move
06/05/2023
Selling prices in Saudi Arabia rose at the quickest pace since August 2020 and optimism in the UAE improves further amid demand strength
06/05/2023
The North African state is seeking to reinforce cooperation with the bank
06/05/2023
Strategically moved from its previous location that first opened in 2008
06/01/2023
The rating agency noted that the government still held significant deposits with the Saudi Central Bank, also known as SAMA, amounting to SR637.5 billion ($170 billion) at the end of 2022.
06/01/2023
The guidelines align with the standards set by the Financial Action Task Force
05/31/2023
Doha Bank is dedicated to fostering sustainable development and supporting the transition to a greener, more inclusive economy.
05/31/2023
Capital Bank has also invested heavily in digital innovation