Egypt completes $3bln loan for green and Islamic financing
Egypt secured a $3 billion loan arranged jointly by a group of Gulf banks, to be divided equally between green…
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World Bank raises Saudi Arabia’s 2022 growth forecast to 4.9%
The World Bank has raised Saudi Arabia’s 2022 growth forecast from 3.3 percent to 4.9 percent. In a statement,…
Investcorp releases 2021 responsible business report
Investcorp, a leading global alternative investment firm, today announced the release of its 2021 Responsible Business Report. The report includes…
Burgan Bank launches freshly revamped "Banki"
As part of its aim to build a better, faster and more digitally enhanced customer experience, Burgan Bank has announced…
Lazard Asset Management appoints Head of Third Party Distribution for MENA region
Lazard Asset Management has appointed Nick Savastano as Head of Third Party Distribution (TPD) for Lazard Asset Management in the…
Two new firms to join Saudi Exchange’s parallel market on Tuesday
The Kingdom’s stock market is to see two new company listings on Tuesday, Jan. 18, the Saudi exchange, Tadawul, announced…
Egypt completes a $3bn loan for green and Islamic financing
Egypt secured a $3 billion loan arranged jointly by a group of Gulf banks, to be divided equally between green…
Saudi fintech joins battle for US retail investors
Saudi entrepreneur Nezar Bakhsh has joined the battle for US retail investors after launching a financial technology startup that sells…
BBK launches new digital banking channels
New and improved digital banking channels have been launched by the Bank of Bahrain and Kuwait (BBK). “BBK Mobile…
GCC investors purchased 1% of EU’s issued bonds for Europe’s recovery: official
The European Commission hopes to attract more GCC investors and financial institutions to fund its €800 billion NextGenerationEU programme, than…
First Abu Dhabi Bank appoints a group Chief Operating Officer
First Abu Dhabi Bank has appointed Suhail Bin Tarraf as group chief operating officer He joins from Emirates Islamic…
Qatar National Bank records profit but ‘remains on alert’
Qatar National Bank, the biggest financial institution in the gulf region, has signaled caution by “boosting money set aside in…