Global economy prompts repayment fears for MENA traders – HSBC
Uncertainty over the global economy is increasingly prompting Middle Eastern companies to use financial instruments which offset the risk…
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SocGen nears sale of Egypt arm to QNB
Societe Generale is close to reaching a final agreement on selling its majority stake in its Egyptian banking arm…
Cigna Finalizes its Joint Venture Partnership Agreement with Finansbank
Global health service company Cigna CI has finalized its purchase of a 51% stake in Finansbank's insurance subsidiary, Finans Emeklilik,…
National Bank for Development signs up to Standard Chartered's Islamic Euro Nostro Product
Egypt's National Bank for Development, in cooperation with Abu Dhabi Islamic Bank Group has signed up to Standard Chartered Bank's…
Akbank is awarded with the Best Private Bank in Turkey
Akbank Executive Vice President for Private Banking Saltik Galatali was in Singapore for the ceremony of “Global Private Banking…
Gulf Finance House Net Profit Surge to 7.5 million
Gulf Finance House 'GFH' or 'the Bank' announced its third quarter financial results for 2012. The Bank has…
Bahrain to host the 19th International Islamic Banking Conference 2012 next month
The Kingdom of Bahrain is scheduled to host the 19th International Islamic Banking Conference 2012 in the period 9-11…
Qatar's Ahli Bank appoints acting CEO
Ahli Bank in Qatar has named Mahmoud YehiaMalkawi as its acting chief executive officer, a company statement to the…
Dubai Has Overcome Its Financial Challenges: Sheikh Ahmed
Dubai and Emirates Airlines are always seeking opportunities to sell debt, though there is no urgency to do so and…
Noor Islamic Bank scoops two top customer service awards
Noor Islamic Bank is celebrating winning two prestigious customer service awards at the 3rd UAE Customer Service Week summit and…
Italy’s biggest retail bank in talks to set up in Qatar
Italy’s biggest retail bank Intesa Sanpaolo is planning to expand its footprint by entering Qatar and elsewhere in the Middle…
MENA's wealthy remain optimistic in the face of adversity – RESEARCH
Ninety one per cent of Middle East high net worth individuals agree that viewing failure positively is essential for an…