All Articles

Hedge Funds & Alternative Investments

Social Development Bank plans to support SMEs with $6bn financing over next 3 years

April 13, 2023

Saudi Arabia’s Social Development Bank aims to support small and medium-sized enterprises with SR24 billion ($6.3 billion) financing over the…

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FinTech

KPMG partners with Saudi SMEs Authority for third edition of Global Tech Innovator competition

April 13, 2023

Country winners from more than 25 countries will be present for grand finale at Web Summit in Lisbon, Portugal KPMG…

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Regulation, Risk & Compliance

The use of British Virgin Islands Trusts in the Middle East

April 13, 2023

We have seen that over the last few years that there has been an increase in the use of British…

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Investment Banking

EFG Hermes concludes advisory on HSB fourth, EGP 250mln senior unsecured short-term note issuance

April 12, 2023

The first issuance in a newly approved, two-year program worth EGP 2 billion, HSB’s fourth issuance comes as an integral…

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Comment & Analysis

The BIBF launches sustainability and climate risk certificate exam preparatory programme

April 12, 2023

The Bahrain Institute of Banking and Finance has announced the launch of its new training programme developed to prepare students…

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Executive Moves

SICO announces appointment of Abdulla Ahmed Kamal as new Chairman of its Board of Directors

April 12, 2023

SICO BSC (c) has announced the appointment of Abdulla Ahmed Kamal as its new Chairman of the Board of Directors…

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Retail Banking

Oman’s second-largest bank pursues merger with smaller rival

April 12, 2023

Oman's second-largest bank is pursuing a potential merger with its smaller rival, potentially creating a lender with just under $20…

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Regulation, Risk & Compliance

Kuwait partakes in IMF and World Bank forum

April 12, 2023

Undersecretary of the Parliamentary Division and Chairman of the Legislative Committee in the Kuwaiti National Assembly, Dr. Obaid Al- Mutairi,…

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Retail Banking

Commercial International Bank Egypt opens first branch in Kenya

April 12, 2023

The Commercial International Bank Egypt (CIB) has opened its first branch Nairobi, Kenya, the Egyptian Ministry of Foreign Affairs stated…

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Comment & Analysis

Qatar Central Bank foreign reserves surge 11.8% in March

April 12, 2023

International reserves and foreign currency liquidity of the Qatar Central Bank in March rose to reach QR235.253bn, an increase of…

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Hedge Funds & Alternative Investments

Middle Eastern wealth funds are readier than ever to shine – Global SWF

April 12, 2023

The position and momentum of Middle Eastern sovereign wealth funds (SWFs), especially in the GCC nations, are much better this…

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Retail Banking

Saudi, UAE banks rank highest valued in Middle East: Forbes

April 12, 2023

Saudi Arabia took the top spot in the Middle East and North Africa’s (MENA) 2023 list of 50 highest-valued banks,…

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