Gulf International Bank honored for innovation in trade
Gulf International Bank has won awards recognizing the Bank’s leadership and innovation in Trade and Cash Management GIB was…
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OAB merger with Alizz on track
Consolidation in the Omani banking sector is a crucial need of the hour so that the sector could grow and…
GFH Financial Group get stable outlook from Fitch
GFH Financial Group has announced that Fitch Ratings, the international credit rating agency, has reaffirmed the Group’s rating Long-and Short-Term…
Chairman of Israel’s Bank Hapoalim steps down due to illness
Oded Eran, the chairman of Bank Hapoalim , has stepped down due to illness, Israel’s largest lender said on Sunday.…
Report reveals six key fintech innovations for Mena
A report endorsed by MetLife Foundation has identified the six types of innovation with the greatest potential to improve the…
Bahraini court rules on Iran-linked money laundering
Bahrain’s Major Criminal Court has passed jail sentences and fines against bank officials over involvement in money laundering linked to…
Saudi Arabia's crown prince is trying to buy Newcastle United for $381 million. Here are all the major soccer teams owned by royalty.
Manchester City — bought in 2008 by Emirati Sheikh Mansour bin Zayed al-Nahyan. Sheikh Mansour is the prime minister…
EFG Hermes to add new business lines for complete NBFIs platform
EFG Hermes is set to add new, complimentary business lines to its non-bank financial institution sector segment to create a…
How Saudi Arabia has built new alliances
The world’s economic center of gravity has been moving inexorably eastwards for the past 50 years as the great trading…
Moody's revises outlook to negative on eight UAE banks
Global ratings agency Moody’s on Friday had changed its outlook to negative from stable for eight UAE banks amid the…
Egypt finances SME sector from its $6.2 billion support initiative
Egypt has included small and medium-sized enterprises to its $6.2 billion financing initiative to help support the industrial, agricultural and…
Emirates NBD Capital successfully closes Islamic Development Bank (IsDB)'s landmark USD 1.5 billion sustainability Sukuk
Emirates NBD Capital Limited has successfully closed Islamic Development Bank (IsDB)’s first ever USD Sustainability Sukuk. The bank acted…