06/04/2018
The Middle East and Africa’s biggest private equity fund, which denies any wrongdoing, has been seeking a buyer for the unit as it tries to alleviate pressure from investors and creditors.
05/31/2018
Deutsche Bank declined to comment on the planned stake sale.
05/30/2018
A Dubai-based spokesman for the bank declined to comment.
05/28/2018
Investment bank obtains Kuwait central bank approval for Amwal takeover
05/24/2018
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
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
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
At the same time UBS is tapping rivals for key staff as well.
05/17/2018
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
Deal is kingdom’s first bank combination for almost 20 years
05/15/2018
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
Fund aims to support start-ups whose ownership is over 51% Emirati
05/14/2018
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
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
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
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
Company posts KD 3.9 mln revenues, KD 1.6 mln net profit
05/02/2018
Mashreq, the sole coordinating bank and book-runner for Stanbic Bank Kenya’s fourth international syndication attracted many investors
04/26/2018
Bank Muscat is proud to sign the agreement with MetLife and widen the range of bespoke bancassurance products for customers.