Saudi wealth fund boosts US holdings with stakes in Citi, Boeing, Facebook
Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup ,…
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Arab Monetary Fund disburses to Kingdom of Jordan the second tranche of the loan
Arab Monetary Fund disburses to the Hashemite Kingdom of Jordan the second tranche of the loan within the framework of…
Boost of US$ 100 million from EBRD to Turkey’s Yapi Kredi
Loan of US$ 100 million to expand access to finance for businesses in times of coronavirus crisis Yapi Kredi mobilises…
QFC welcomes Credit Agricole CIB, Vakifbank to its platform
The Qatar Financial Centre (QFC) has welcomed Credit Agricole Corporate and Investment Bank (Credit Agricole CIB), and VakifBank to its…
QFC welcomes Credit Agricole CIB, Vakifbank to its platform
The Qatar Financial Centre (QFC) has welcomed Credit Agricole Corporate and Investment Bank (Credit Agricole CIB), and VakifBank to its…
Key cyber risks for banks during COVID-19
It’s an unfortunate fact that fraudsters tend to prey on unexpected events or challenges. When normality becomes disrupted, they see…
European bank loans Turkey’s QNB Finansbank $108M
The European Bank for Reconstruction and Development (EBRD) is providing a €100 million ($108 million) loan to a Turkish lender…
Linklaters Plans Third Middle East Office
Linklaters is planning to expand its Middle Eastern offering with a new office in the region, two people close to…
Coronavirus has not changed the Middle East
The coronavirus pandemic does not respect borders. Middle Eastern countries have reacted differently and at different times. Eventually, however,…
Turkey crunch would pack only weak punch for emerging markets
Turkey could be heading for another financial crunch but its diminished importance for investors in developing economies and changes in…
Fitch Revises Arab Banking Corporation's Outlook to Negative; Affirms IDRs
Fitch Ratings has revised Arab Banking Corporation B.S.C.'s Outlook to Negative from Stable, while affirming the bank's Long-Term Issuer Default…
Emirates Post records 45% increase in last-mile delivery volumes in UAE
Emirates Post has registered a 45% growth in last mile delivery volumes since the beginning of 2020 compared to Q4…