Mumtalakat planning to issue dollar bonds
Bahrain’s sovereign wealth fund Mumtalakat has hired banks to arrange fixed income investor meetings ahead of a potential issue of…
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KFH earnings conference call highlights financial results, shares bank’s strategy
Kuwait Finance House held an earnings conference webcast on Monday in which speakers from KFH executive management Mazin Al-Nahedh, Group…
Lower income pushes UNB profits down 28%
Union National Bank reported on Tuesday a 28 per cent year-on-year decline in its net profit, which reached Dh1.19 billion…
Saudi Wealth Fund Plans San Francisco Office
Saudi Arabia’s sovereign wealth fund is following its peers in Abu Dhabi and Qatar by opening an office in the…
World Bank to establish UAE office in Abu Dhabi
Abu Dhabi Global Market, announced that the World Bank will establish its office in ADGM on Al Maryah Island. …
UAE banking outlook: Big four may struggle to match double-digit gains made in 2018
The four biggest banks in the United Arab Emirates – First Abu Dhabi, Emirates NBD, Abu Dhabi Commercial Bank and…
World Bank to Establish its UAE Office in Abu Dhabi Global Market
Abu Dhabi Global Market has announced that the World Bank will be establishing its office in ADGM on Al Maryah…
UAE regulator drafts commissions cap
The Insurance Authority in the UAE has published what it calls a final draft on the sales of life products…
Investcorp, Standard Life plan to raise up to $1bn for Gulf fund
Investcorp, a global provider and manager of alternative investment products, and asset manager Aberdeen Standard Investments (ASI) have launched a…
Union National Bank continues to be a beacon of stable growth in the UAE
In recent years, the geopolitical situation in the Middle East and North Africa (MENA) region has slowed economic growth –…
Al Salam Bank-Seychelles launches services
Al Salam Bank-Seychelles a joint venture between Al Salam Bank-Bahrain and the Seychelles Pension Fund has officially launched its full…
Citigroup Sees Saudi, UAE as Top Mideast Markets for Deals This Year: Executive
Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United…