EDB approves Dh1.45b housing finance in Q1 2019
Emirates Development Bank approved Dh1.45 billion worth of housing finance for UAE nationals in the first quarter of 2019, it…
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RAKBank’s Q1 net profit up 31.7% to Dh270.2m
National Bank of Ras Al Khaimah on Wednesday reported a consolidated net profit of Dh270.2 million for the first quarter…
UAE-based FinTech startup NewBridge joins forces with UK’s Meteor Asset Management
UAE based Fintech start-up, NewBridge Fintech Solutions LLC, has partnered with Meteor Asset Management Limited, to provide a deposit marketplace…
Saudi Arabia woos investors months after Khashoggi murder: Report
Despite journalist Jamal Khashoggi’s murder in Saudi Arabia’s Istanbul consulate and the subsequent pullout of investors in the kingdom, a…
CBD wins "Most Innovative Card of the Year"
Commercial Bank of Dubai has bagged the 'Most Innovative Card of the Year' Award at the Seamless Middle East Awards…
Saudi banks SABB and Alawwal get nod for merger plan
Saudi British Bank the HSBC Holdings affiliate, on Wednesday announced that it has obtained all required regulatory approvals for its…
The Middle East must avoid making the same investing mistakes as Europe, BlackRock’s Larry Fink says
The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to…
Egypt's economy seen growing 5.5 pct in year to end of June
Egypt's economy is expected to grow 5.5 percent in the fiscal year that ends in June, according to economists polled…
Edamah signs an agreement with KFH-Bahrain to finance its Sa'ada Development
Bahrain Real Estate Investment Company has signed an agreement with KFH–Bahrain, one of the leading Islamic Banks in the Kingdom…
National Bonds Unveils New Identity of Its Sukuk Trading Platform
To Enhance Liquidity to Islamic Banks: National Bonds Unveils New Identity of Its Sukuk Trading Platform “Al Manasah”…
Cabinet approves KPC to borrow from various institutions to finance
The Cabinet has approved Kuwait Petroleum Corporation to borrow from various institutions to finance its investment programs during the next…
Rwanda opens doors to UAE investors
In collaboration with Botho Emerging Markets Group, the Sharjah Chamber of Commerce and Industry (SCCI) organised the “Rwanda Investment Showcase”…