05/28/2018
Shuaa Capital aims for Dh100 million profit in 2018
Investment bank obtains Kuwait central bank approval for Amwal takeover
Investment Bank
05/24/2018
SABB named 'Best Supply Chain Finance Bank in Middle East'
This award adds to SABB’s strong track record and confirms its position as the leader in trade finance provider in the Kingdom.
05/23/2018
Foreign investment in Turkish banking sector continues with Denizbank's sale to UAE's NBD for $3.2 billion
The Turkish banking sector has drawn a significant amount of foreign investments and the latest example is the sale of Denizbank to the UAE-based lender NBD
05/23/2018
Alawwal and Saudi British Bank merger pricing credit positive
The agreement on pricing and the merger are credit positive for Alawwal bank because it will strengthen and diversify its business and support overall credit profile
05/18/2018
UBS: Investment Bank Staff Carousel Turns
At the same time UBS is tapping rivals for key staff as well.
05/17/2018
Emirates NBD partners with top fintech platform
Launched in 2017, CCRManager is a digital trade finance platform that connects various banks and financial institutions to originate and distribute trade assets.
05/17/2018
HSBC to Cement Lead in Saudi Arabia With $5 Billion Bank Merger
Deal is kingdom’s first bank combination for almost 20 years
05/15/2018
Bank ABC Announces First Quarter 2018 Net Profit of $53 Million
Our strategic priorities on our Wholesale Banking transformation, our digital bank rollout and our organisational health continue to progress and underpin the improving trend on our financial performance.
05/15/2018
Emirates Development Bank approves Dh50m fund for start-ups
Fund aims to support start-ups whose ownership is over 51% Emirati
05/14/2018
Global distributes $32m to its clients investing in its equity fund GMFA
With this distribution, the total amount distributed to clients investing in GMFA reached $141 million and total amount distributed by the private equity asset management team reached $612 million to funds’ investors since inception.
05/14/2018
Emirates Investment Bank reports financial results for the first quarter of 2018
Net profit down 9.5% to AED 15.00 million (Q1 2017: AED 16.57 million)
05/14/2018
ABN Amro to close Dubai office amid thin business for Dutch lender
The bank plans to transfer some of its international commodities business clients to Amsterdam
05/08/2018
Ebdaa Bank - Bahrain Attends "Middle East Investment Conference" in Cairo
He considered that SMEs’ success shouldn’t be measured through the number of loans or beneficiaries, however in loans returns and profit and in measuring the number of projects that have already been able to grow bigger without external suppor
05/08/2018
Euromoney Middle East Awards for Excellence 2018 winners revealed
The awards recognized banks that stood out during a year when it became clear that reform in the Middle East is not just about dynastic change.
05/03/2018
Global reports financial results for Q1
Company posts KD 3.9 mln revenues, KD 1.6 mln net profit
05/02/2018
Mashreq closes $100m facility for Stanbic Kenya
Mashreq, the sole coordinating bank and book-runner for Stanbic Bank Kenya’s fourth international syndication attracted many investors
04/26/2018
Bank Muscat joins hands with MetLife
Bank Muscat is proud to sign the agreement with MetLife and widen the range of bespoke bancassurance products for customers.
04/25/2018
Bank Muscat CEO ranked among top CEOs in GCC region
A highly respected figure in the financial sector, Issa is the Chairman of the Oman Banks Association. Abdul Razak, who has over 41 years of experience in the banking sector, assumed the role of CEO of Bank Muscat in 1994.
04/25/2018
Standard Chartered Is Top MENA Bond Arranger as Sales Boom
Bond sales from MENA have climbed 20% to $58 billion in 2018
04/25/2018
Standard Chartered Bank to play key role in second phase of CPEC
She said Pakistan had been a special partner of China for decades and with the launch of CPEC, the bilateral relations had further strengthened.