HSBC Said to Be Selling Lebanese Unit as Gulliver Cuts Costs
HSBC Holdings Plc is planning to sell its operations in Lebanon and has received interest from local banks, people with…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47752 articles available
Citi drops out of $1.5 bln financing of Americana sale -sources
Citigroup has dropped out of the group of banks providing a $1.5 billion bridge loan to Gulf-based Adeptio for its…
Bahrain, Egypt bourses sign dual listing agreement
Egypt's stock exchange has signed Wednesday a cooperation agreement on dual listing process with Bahraini bourse. The agreement also…
Bahrain’s economy to slow further in 2016-17, IMF says
Bahrain’s economy is expected to slow further in 2016 and 2017, weighed down by weak investor sentiment and fiscal adjustments,…
FGB earnings hit Dh1.33b
Abu Dhabi's lender FGB earned Dh1.33 billion in the first quarter of the year, which was effected by economic challenges.…
Massive Qatar bank hack leaks data on royals, spies & Al Jazeera staff
The names, bank passwords and other sensitive data on Qatari royal family members, alleged intelligence agents and Al Jazeera staff…
Abu Dhabi State Fund Mubadala Planning Bond Issue Soon, Picks Banks
Abu Dhabi state-owned investment fund Mubadala has chosen banks to arrange a dollar-denominated bond issue, two sources said on Wednesday. …
Dubai Islamic Bank Plans $861 Million Share Issue for Expansion
Dubai Islamic Bank PJSC, the United Arab Emirates biggest bank complying with Muslim banking rules, said it plans to raise…
Liquidity Squeeze, Competition Up Bank's Cost of Funds
Liquidity pressures and heightened competition for local funding are likely to continue to further drive up the cost of funds…
Etihad Airways Chooses OpenLink For Risk Management
Etihad Airways has selected OpenLink for its commodities, treasury and enterprise risk management, in a move to consolidate its fuel…
Factor Investing Gains Popularity In APAC
According to the survey, respondents believe factors can help to deliver long-term outperformance, decrease overall portfolio risk, increase transparency in…
Abu Dhabi bank trio hurt by bad loans amid weak economy
Abu Dhabi's three largest banks reported a slide in first-quarter net profits on Wednesday, mainly the result of higher bad…