Ten major Saudi banks see profit boom in 2021 amid rebounding growth
Ten Saudi-listed banks, which comprise the majority of the Kingdom’s banking sector, recorded higher earnings in 2021 from a year…
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National Bank of Fujairah collaborates with Emirates Environment Group
Emirates Environmental Group continues its mission towards protecting the environment and has collaborated with the National Bank of Fujairah to…
Dubai Developments signed a contract with Etqan" as a financial and marketing consultant for its projects
Dubai Developments has contracted with "Etqan" for financial and marketing Business Consultancy, a financial and marketing consultant, to support the…
Emirates NBD is first UAE banking group to publicly commit to female leadership targets, aiming for 25 percent of senior roles to be filled by women by 2027
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region is the first large…
Emirates NBD Capital marks record year
Emirates NBD Capital led a record number of landmark transactions in terms of closed transaction value and deal volume, across…
EFG Hermes signs EGP 600mln sale and leaseback agreement with LMD visionary real estate development company
EFG Hermes Corp-Solutions has announced that it has signed a sale and leaseback agreement amounting to EGP 600 million with…
Abu Dhabi Commercial Bank denies report of its merger with First Abu Dhabi Bank
Abu Dhabi Commercial Bank has denied a press report on merger talks with First Abu Dhabi Bank in a letter…
Investcorp named 'Firm of the Year MENA'
Investcorp has been named “Firm of the Year: MENA” for the fourth consecutive year in Private Equity International’s 2021 Awards…
PraxisIFM expands UAE offering with new licences and an additional office opening
In line with its Middle East development plans, the Group has earned two key licences and opened a new office…
Bahrain’s bank sector to benefit from higher rates, credit expansion – S&P
Bahrain’s banking sector is set to benefit from the expected interest rate hikes and overall credit expansion on the back…
Egypt's Central Bank to launch online services project
The Central Egypt, or CBE, will launch a project called 'Know Your Customer,’ which will enable citizens to open bank…
Saudi Social Development bank gives $2.9bln in loans in 2021
Saudi Arabia's Social Development Bank disbursed SR11 billion ($2.9 billion) worth of loans in 2021, SDB’s Business Executive Sultan Alhamidi,…