Dubai’s Mashreq Bank could sell its payments business – and it may not be the only one
Mashreqbank is exploring a sale of its payments business in a deal that could value the division at around $500…
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Investcorp leads $17.5mln investment in V-Ensure
Investcorp and Tanas Capital have co-invested approximately $17.5 million in India-based V-Ensure Pharma Technologies. The Bahrain-based alternative investment firm…
HSBC appoints Head of Markets and Securities Services in the UAE
HSBC has appointed Nabeel Albloushi as Head of Markets and Securities Services (MSS) for the United Arab Emirates (UAE). Nabeel…
Bahrain's Al Baraka Banking Group's 2021 net income up 69% to $113mln
Bahrain’s Al Baraka Banking Group (ABG) saw its full-year 2021 net income jump by nearly 70 percent despite the economic…
Saudi lender Arab National Bank profits up 5% to $581m in 2021
Saudi Arabia’s Arab National Bank has reported a five percent increase in profit during 2021. The bank recorded a…
Al Baraka banking group reports net income attributable to equity shareholder of US$ 113mln
Al Baraka Banking Group BSC (ABG), Bahrain Bourse and Nasdaq Dubai trading code "BARKA" announced its financial results for the…
JLL announces non-executive board in Saudi Arabia
JLL, a leading professional services firm that specializes in real estate, investment management and development consultancy services, has announced it…
BBK: Financial results for the year ended 31st December
BBK (trading code BBKB.BH) announces its financial results for the year ended 31st December 2021 with a net profit attributable…
Lebanon central bank extends unlimited sale of dollars to banks until end-March
Lebanon's central bank on Wednesday extended a circular allowing banks to purchase dollars with no ceiling via the bank's Sayrafa…
UAE banks: Staying one step ahead of fraudsters
According to the UAE Banks Federation (UBF) Annual Report 2020, “In light of the rapid changes witnessed in 2020, remote…
Walkers advises Pyypl
Walkers has advised Dubai-based blockchain start-up, Pyypl, on the successful raising of US$ 11 million in funding for its Series…
Andersen Global Enters Collaboration Agreement with Bahrain-Based Law Firm
Andersen Global continues to expand the breadth of its Middle Eastern platform with the addition of collaborating firm Almoayed Chambers…