Asset manager Fidelity International to launch in DIFC
Fidelity International, an asset manager, will set up an office at the Dubai International Financial Centre, the emirate’s financial free…
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Turkish banks extend project finance loans to foreign lenders
Turkish banks have started to sell project finance loans to foreign lenders to free up cash as they face both…
NBK – Egypt H1 net profit surges 36pc
NBK-Egypt - a member of NBK Group – reported EGP988.8 million (equivalent to KD16.9 million or $55.2 million) in net…
Commercial Bank beefs up cybersecurity defences
Commercial Bank has strengthened its cybersecurity defences with "best-in-class" technologies in information security to keep pace with evolving security breaches…
Emirates NBD KSA, Kafalah Program renew partnership
Emirates NBD Saudi Arabia renewed its partnership with the Kingdom’s Kafalah Program (SME Financing Guarantee Program) at a signing ceremony…
AUB wins ‘Most Innovative Strategic Domestic Treasury in Kuwait 2018’ award
Ahli United Bank has announced that it has won the coveted ‘Most Innovative Strategic Domestic Treasury in Kuwait 2018′ award…
Kushner family strikes deal with major real estate firm
The Kushner family has managed to pawn off the prominent Fifth Avenue skyscraper that could have seen then drowning in…
United Arab Bank concludes $185m financing
United Arab Bank (UAB) has announced the successful conclusion of its $185 million syndicated term financing facilities signed on July…
EMBI inclusion ‘could trigger $30bn inflows to GCC’
Potential EMBI (Emerging Market Bond Index) inclusion could lead to an estimated $30 billion of inflows into GCC, leading to…
Saudi hastens Vision 2030 with debu tloan from sovereign wealth fund
Public Investment Fund, the sovereign wealth fund thatinvests for the government of Saudi Arabia,is seeking global bank lenders for a…
The Reasons Behind GCC Banks Mergers
Lenders across the region are undergoing their biggest shake up since 2007, with almost a dozen of them involved in…
US firm said to pursue Dubai partnership for Middle East deals
A US firm led by a former JPMorgan Chase & Co banker is in talks with the Dubai ruler’s investment…