Banque Misr concluded its largest syndicated term facility to date
Banque Misr (BM) initially planned to refinance the existing US$ 550 Million syndicated loan signed in 2018 and for general…
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Network International completes acquisition of DPO Group
Network International (Network Wednesday announced completion of its acquisition of DPO Group (DPO), an online payments platform across Africa, for…
Citibank Launches a Tech Unit in Bahrain Seeking to Expand its Digital Platform Reach
United States investment bank and financial service provider Citibank Inc. (C) has launched a global technology hub at its offices…
Fostering FinTech growth and innovation in the Kingdom of Bahrain
FinTech is flourishing. By challenging traditional financial services in providing a faster, often cheaper and invariably better service or product,…
Waha Capital hires Hashem Dabbas as CIO of Private Investments business
Waha Capital PJSC has announced the appointment of Hashem Dabbas as Chief Investment Officer of the Private Investments business. …
QIIB awarded ‘Most Innovative Islamic Retail Bank in Qatar for 2021’ by International Finance Magazine – UK
QIIB has been honored with the ‘Most Innovative Islamic Retail Bank 2021’ – an annual prestigious recognition awarded by the…
Record US$ 10m+ home sales as Dubai, Abu Dhabi residential markets bounce back
Residential property values in the UAE’s two largest cities, Dubai and Abu Dhabi, have expanded at their fastest pace since…
S&P affirms Saudi’s rating on expected rebound through 2024
S&P Global Ratings on Tuesday affirmed Saudi Arabia’s A- (minus) credit rating with a stable outlook, expecting a rebound in…
GCC Quarterly Review Q3 2021
Uncertificated Securities Rules 2021 New Uncertificated Securities Rules 2021 were issued by the Abu Dhabi Global Market (“ADGM”) in September…
PraxisIFM secures coveted corporate services provider licence in the UAE capital
PraxisIFM Group has celebrating its fifth year of establishment in the heart of the ADGM financial district and has been…
Climate change: the time for talk is over
The policies presently in place around the world are projected to result in roughly 3°C of warming above pre-industrial levels.…
Energy crunch: How high will oil prices climb?
Oil continued to climb on Monday with global benchmark Brent nearing $80 a barrel, its highest price since October 2018,…