Global banking is HSBC’s priority in Egypt: Blanchet
HSBC Bank Egypt SAE’s Deputy Chairman and Chief Executive Officer, Jacques Emmanuel Blanchet, talks to Daily News Egypt to outline…
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Turkish banking watchdog certifies Ziraat Bank’s Islamic branch for operations
One of Turkey’s largest state-owned banks, Ziraat Bank, was authorized by the country’s banking regulator to begin operations in its…
AXA gets Regulatory Initial Approval to enter Egypt Insurance Market
Egypt's market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading insurer Axa,…
The downside of Iranian banking
Iran may be about to restore banking links with the rest of the world after years of separation, but the…
Saudi Arabia may be reclassified as emerging market by June 2017-MSCI
The Saudi Arabian equity market, which is slated to open to foreigners from June 15, may be reclassified to an…
Comparison website launches operations in Saudi Arabia
Amwalak.com has launched its finance comparison services in Saudi Arabia, allowing users to find, compare and apply for personal finance…
HSBC’s Turkey unit registers TRY 32 mln loss in Q1
The bank's assets have decreased from TRY 33.8 billion in the end of 2014 to TRY 33.6 billion. HSBC has…
Qatari fund reportedly acquiring Vietnam’s tallest building at $800mn
A Qatari sovereign wealth fund will likely become the new owner of the tallest building in Vietnam in a US$800…
IDB delays short-term sukuk as sector looks for liqudity tools
The Jeddah-based Islamic Development Bank has no immediate plans to issue short-term sukuk (Islamic bonds), leaving it to domestic and…
Naseej-BBK sign housing finance deal
Naseej has signed a memorandum of understanding with Bank of Bahrain and Kuwait (BBK) to provide financing solutions for social…
The downside of Iranian banking
Iran may be about to restore banking links with the rest of the world after years of separation, but the…
Abu Dhabi’s Aldar Q1 Net Profit Rises 36%
Abu Dhabi’s Aldar Properties reported a 36 per cent rise in first-quarter net profit on Thursday as costs fell and…