All Articles

Executive Moves

Anchorage Investments appoints Duff & Phelps as financial advisor

December 17, 2021

Anchorage Investments, a company specializing in the development, investment and operation of industrial projects in the petrochemical sector, today announced…

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Comment & Analysis

UAE has flexible business environment: Nahyan bin Mubarak

December 17, 2021

DUBAI - Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, said the UAE has an attractive and…

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Comment & Analysis

Egypt's central bank keeps key interest rates unchanged

December 17, 2021

Egypt's central bank kept its key interest rates unchanged on Thursday, the bank said in a statement.   All 15…

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Financial Results

Riyad Bank's board proposes dividend distribution for H2-21

December 17, 2021

Mubasher: The board of Riyad Bank has recommended a cash dividend distribution, equivalent to 5.4% of the capital, for the…

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Comment & Analysis

Lebanon's central bank will start selling US dollars to commercial banks at Sayrafa rate- statement

December 17, 2021

Beirut- Lebanon's central bank will start selling U.S. dollars to commercial anks at the rate of its foreign exchange platform,…

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Hedge Funds & Alternative Investments

Abu Dhabi’s IHC agrees merger of Al Tamouh Investments and Al Qudra Holding

December 16, 2021

International Holding Company, one of Abu Dhabi’s largest conglomerates, has formally agreed the merger of its subsidiary Al Tamouh Investments…

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Regulation, Risk & Compliance

Bank of Sharjah is working on its Lebanon problem and a solution is in sight, says CEO

December 16, 2021

Lebanon’s ongoing economic crisis has been a source of concern for one particular bank in the UAE. The Bank of…

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Hedge Funds & Alternative Investments

Abu Dhabi's ADQ establishes office in Cairo

December 16, 2021

Abu Dhabi-based holding company ADQ will establish an office in Cairo to continue its investment in Egypt’s economic growth, the…

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Comment & Analysis

UAE's economic recovery to strengthen in 2022, CBUAE says

December 16, 2021

The UAE's economic recovery is expected to strengthen further in 2022 and the country's banking system has the capacity to…

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Comment & Analysis

2021: A year of business reinvention and rebirth

December 16, 2021

When in early 2020, we were hit by the Covid pandemic, we started wondering about how this would affect our…

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Awards and Recognition

QNB receives 'Strongest Bank in the Arab World 2021' award by WUAB

December 16, 2021

QNB Group, the largest financial institution in the Middle East and Africa, recently received the award for “Strongest Bank in…

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Legal

Ex-CEO of Swiss bank Falcon acquitted in money laundering trial

December 16, 2021

A court acquitted the former chief executive of a Swiss private bank but fined the now-defunct lender 3.5 million Swiss…

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