Abu Dhabi's NMC Health seeks another $250m in bank funds
Abu Dhabi-based NMC Health’s immediate future now hinges on whether it can raise a further $250 million in debt. …
Comment & Analysis
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Qatar among top 10 emerging market sovereign issuers in H1: Moody's
In the first half of the year, Qatar sovereign issuances totalled $10bn; Qatar is currently rated ‘Aa3 stable’ by Moody’s…
Commercial Bank half-yearly net profit tops QR901mn
As a leading Qatari lender, Commercial Bank is committed to providing world-class solutions to the private sector while supporting the…
Saudi financial services key to supporting economy, businesses: experts
The financial services sector in Saudi Arabia has been vital in supporting SMEs and the economy as the kingdom recovers…
Mideast sovereign investors hunt for bargains in Europe
Middle East sovereign investors have piled into European companies in the wake of the coronavirus disease (COVID-19) pandemic, according to…
S&P: Firms to delay investments
Gulf companies exposed to the the coronavirus disease (COVID-19) and weak oil prices may delay investments and keep costs down,…
Dubai Islamic Bank reports $571.73mln H1 net profit
Dubai Islamic Bank has reported a net profit of AED2.11 billion ($571.73 million) for the first half of 2020, down…
BpiFrance seeks more Gulf investors for its LAC I fund
Bpifrance, a French national investment bank, is now ready to deploy 4.2 billion euros ($4.8 million) that has been successfully…
Time ripe for banks to move towards green loans: BAB
The exceptional circumstances inflicted by the Covid-19 pandemic and its repercussions on business offer a favourable opportunity for banks to…
Mashreq posts Dh535m net profit for first half of 2020
Mashreq on Wednesday reported a net profit of Dh535 million for the first half of 2020 down 56.2 per cent…
Optimism about personal finances is on the rise among UAE residents
The appearance of the Covid-19 pandemic has turned our familiar world upside down within a span of few months. YouGov’s…
Robust Finance Functions Key For Saudi Arabia’s Road To Recovery
Saudi Arabia’s financial institutions and government stretched out a helping hand to residents and business owners through numerous initiatives as…