Former Danske Bank CIO joins Abu Dhabi Investment Authority
Danske Bank’s former chief investment officer, Anders Svenessen, has joined the Abu Dhabi Investment Authority (ADIA), Citywire Selector has learned.…
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TAMM launches second phase of ‘Abu Dhabi Pay’ platform
The Abu Dhabi Government Services ecosystem (TAMM) on Wednesday launched the second phase of its digital payment platform ‘Abu Dhabi…
Qatari banks' first-half profit 'strong' despite higher provisioning: Moody's
Qatari banks continue to have strong income-generating capability with their first half profit remaining strong despite higher provisioning costs related…
Trump: Israeli pacts with 2 Arab states signal 'new' Mideast
Israel on Tuesday signed historic diplomatic pacts with two Gulf Arab states at a White House ceremony that President Donald…
Lebanon faces deep economic, social and financial crises, says Moody’s
Lebanon’s credit profile reflects deep economic, social and financial crises and the country has very weak institutions to address them,…
UAE committed to financial action task force standards, central bank governor says
The UAE is committed to Financial Action Task Force (FATF) standards and will develop policies to strengthen the local banking…
Israel's Beitar Jerusalem in talks with Abu Dhabi investors
Beitar Jerusalem are negotiating a possible investment by a group in the United Arab Emirates, the Israeli Premier League soccer…
Israel's Leumi signs deals with First Abu Dhabi Bank, Emirates NBD
Bank Leumi LUMI.TA said on Tuesday it had signed memorandums of understanding with First Abu Dhabi Bank FAB.AD and Emirates…
Turkish companies said to seek debt restructuring as virus hits
Debt-laden Turkish companies are seeking more time to repay bank loans after the coronavirus pandemic upended plans to sell assets,…
Bank Audi to sell units in Jordan and Iraq to Capital Bank
Jordan’s Capital Bank has signed a letter of intent with Bank Audi to acquire the assets and liabilities of Audi’s…
CBE Urges Banks to Offer Facilities As Six-Month Suspension of Loan Installments Ends
The Central Bank of Egypt under Tareq Amer issued on Monday Sept 14, new directives to back clients whose financial…
QNB first in Qatar to debut ‘green bond’ offering under its Medium Term Note Programme
QNB Group received subscriptions in excess of $1.8bn demonstrating the global investor’s confidence in its solid financial fundamentals and strong…