Swiss private bank sets up office in Dubai
ONE swiss bank SA (ONE) is pleased to announce that the acquisition of Falcon Private Wealth Ltd (FPW) has been…
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Standard Chartered announces changes to refocus and simplify its presence in Africa & Middle East region
As set out during its full year 2021 results presentation, Standard Chartered PLC (“the Group”) is accelerating its strategy to…
Financial stability risks for Saudi Arabia's banking sector to remain contained despite rapid growth
S&P Global Ratings said that it expects risks to the stability of Saudi Arabia's banking system to remain contained, despite…
Saudi Arabia converts $300mln deposit with Mauritania's central bank to soft loan
Saudi Arabia has transferred its $300 million deposit with the Central Bank of Mauritania into a soft loan, in implementation…
Ahlibank honoured with ‘Leadership in Youth Development’ Award
Ahlibank’s ongoing efforts to empower local youth with Career opportunities that include orientation and on-job-training programs as well as soft…
Bank deposits increase to EGP 6.549trn in January 2022: Egypt
The Central Bank of Egypt has announced an increase of about EGP 99bn in the bank deposits in January 2022,…
SABB wins Saudi Arabia’s Best Bank 2022 Award
The Saudi British Bank has won the “Saudi Arabia’s Best Bank 2022” award by Global Finance magazine for the third…
GFH launches “Prime” programme to reward top shareholders
GFH Financial Group has announced a new shareholder loyalty programme “Prime”, which provides rewards and incentives for loyal shareholders. …
EBRD’s first investment under new green financing facility in Turkey
EBRD new green financing facility in Turkey to strengthen green investments €53.5 million loan to TSKB co-financed by the Clean…
The value of real estate transactions records 4.85mln Riyals during Q1
Farghaly: Absence of major deals, Demand for “Ready-made properties” and Increases of up to 60% in rents. Al-Kaabi: 30% of…
Risks for Saudi's banking sector to remain contained: S&P
Despite the prospects of rapid expansion over the next 12 to 24 months risks to the stability of the Kingdom…
At a glance – Commercial International Bank 1Q22 results
Softening COR and volume driven core banking income growth drive earnings up a solid 48% y-o-y Commercial International Bank’s…