Qatar banks' funding, liquidity profiles to get boost from end to blockade: Fitch
Qatari banks' funding and liquidity profiles are expected to benefit from the end to the blockade on Qatar, according to…
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ABC Bahrain generates over 1.6 million business referrals during 2020
The portal, which has now established itself as the leading business reference resource for anyone looking for contact and business…
Ashurst advises on SAR 2 billion (USD 540 million) acquisition finance for the privatisation of Saudi Arabia's First Milling Company
Global law firm Ashurst has advised on the SAR 2 billion (USD 540 million) Shariah compliant financing provided by Alinma…
Alexbank inks MoU for Upper Egypt farmers
Alexbank signed a memorandum of understanding (MoU) with the United Nations World Food Programme (WFP) to support small-scale farmers in…
We’ve bolstered our Sustainable Finance team in Hong Kong
Standard Chartered announced plans to increase its push into supporting clients across Asia, Africa and the Middle East with sustainable…
SAIB Bank offers 20% cashback to credit card holders
Societe Arabe Internationale De Banque (SAIB Bank) launched a cashback campaign for credit card holders on the occasion of the…
First Abu Dhabi Bank heads to market with $500m Islamic bond
First Abu Dhabi Bank has followed its Dubai rival to the debt market by starting to market dollar-denominated Islamic bonds…
Emirates NBD confirms $750mln senior bond issuance
Dubai’s Emirates NBD confirmed that it has issued a $750 million five-year senior bond on Wednesday, January 6, which will…
Kuwait's IFA confirms $2.6mln 'rain accident' payout by subsidiary
Kuwait-based International Financial Advisors (IFA) confirmed on Thursday an insurance payout by one of its subsidiaries following ‘rain accidents’. …
NBE Opens New Branch at Suez Canal Authority in Ismailia
The National Bank of Egypt (NBE) opened on Tuesday its latest branch in the Suez Canal Authority in Ismailia, located…
Central Bank of Egypt directs for accelerating financial transfers
The Central Bank of Egypt (CBE) has issued new instructions to banks working in the local sector that call for…
Mashreq may move jobs to India, Egypt or Pakistan to save costs
Mashreq Bank plans to move nearly half of its employees to more cost-friendly locations and allow others to work from…