Arab Fund joins global lenders in expanding climate finance and supporting SMEs in jordan
The Arab Fund for Economic and Social Development (Arab Fund) is providing a subordinated loan of $25 million to Capital…
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Deutsche Bank expands capital markets team, coverage as debt deals soar
Deutsche Bank, which caters to its clients in Central and Eastern Europe, the Middle East and Africa (CEEMEA) from Dubai,…
Saudi CMA makes changes in investment accounts rule to woo foreigners
Saudi Capital Market Authority has approved a set of amendments to the regulatory framework governing the procedures for opening investment…
69.85 Billion Dinars.. A New Leap in Jordanian Banks' Assets in 2024
The Jordan Banks Association issued the report "Key Banking Developments for 2024," which includes a wide range of data, information,…
Sharjah Islamic Bank successfully completes sale of all treasury shares
Sharjah Islamic Bank (SIB) announced the successful sale of all its treasury shares, amounting to 167.67 million shares, representing 5.18…
Barclays strengthens Middle East presence with strategic expansion into the Kingdom of Saudi Arabia
Barclays has received a provisional Capital Market Authority (CMA) licence, secured premises in King Abdullah Financial District, and will open…
Oman Arab Bank drives sustainable growth through innovation and national talent
Oman Arab Bank has reaffirmed its commitment to sustainable growth, innovation and national talent development as key pillars of its…
Saudi banks’ Q3 profits rise 14.5% to SAR 23.6 billion — Maaal survey
The combined net profits of the 10 Saudi banks listed on the Saudi Exchange rose 14.5% year-on-year in the third…
Oman’s money supply grows over 6% in August as credit and deposits expand
Oman’s broad money supply expanded 6.1 percent year on year to 25.8 billion Omani rials ($67.1 billion) at the end…
GIB Capital completes $4.25bln worth of debt issuances
GIB Capital announced the successful closing of four landmark regional transactions, reinforcing its position as a leading investment bank and…
Knight Frank executes sale of Revier Hotel in Business Bay, Dubai
Knight Frank has advised on the sale of the 230 key Revier Hotel in Business Bay, acting on behalf of…
NBK poised to leverage promising opportunities amid strengthening business confidence in the domestic market
Al-Fulaij: Operating profit before taxation grew by 11.3% year-on-year, driven by higher business volumes Our strategic focus on innovation and…