Bank of Khartoum International live on Path Solutions’ iMAL core system
Bank of Khartoum has opened its first international branch, underpinned by Path Solutions’ iMAL core banking system. The branch is…
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Egypt repays last Qatar debts amid tensions
Egypt has paid $1 billion (Dh3.67 billion) to Qatar, marking the last tranche of debts to the Gulf nation, an…
Menacorp secures top position on Dubai Financial Market for first half of 2016
Menacorp Financial Services, the UAE's leading financial services firm, has been ranked the number one brokerage firm in the UAE…
Commercial Bank announces Executive Leadership Changes
The Board of Directors of The Commercial Bank, a leading regional banking group based in Qatar, today announced the appointment…
Middle East’s preference for offshore wealth managers on the rise
Millionaires from the Middle East and Africa region increasingly prefer to manage their wealth in the offshore centres according to…
Abu Dhabi Banks’ Boards Approve Merger to Form Banking Giant
Two of Abu Dhabi’s top lenders on Sunday said their boards have agreed on a merger plan that will create…
Samba Financial Group closes London branch
Notification of this resolution has been made to both the UK Prudential Regulation Authority and the UK Financial Conduct Authority…
Commercial Bank of Dubai closes $450 million loan
Commercial Bank of Dubai has closed a $450 million loan that will be used for general business purposes, the lender…
Saudi Arabia keen to expand China energy investments
Saudi Arabia wants to expand its investments in China’s energy industry, its Energy Minister Khalid al-Falih said late on Friday,…
A Look at Bahrain’s International and Domestic Investment Strategies
Although Bahrain was the first Gulf Cooperation Council member to become a major financial hub, the Gulf Arab kingdom still…
Dubai: a financial oasis in the Middle East turmoil?
The recent announcement that HSBC Bank Middle East Ltd. moved its incorporation from Jersey to Dubai, under the auspices of…
FGB-NBAD boards clear merger; to create largest bank in Mena
First Gulf Bank PJSC and National Bank of Abu Dhabi PJSC announced today that their boards of directors have voted…