Mashreq Bank’s first quarter profit slides amid coronavirus pandemic
Mashreq Bank, the Dubai lender controlled by the Al Ghurair family, reported a 28 per cent drop in its first-quarter…
Comment & Analysis
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Mena's first quarter Investment banking fees climb 11% boosted by M&A deals
Fees earned by investment banks operating in the Middle East and North Africa climbed 11 per cent year-on-year in the…
Trade Bank of Iraq announces $3bn capital boost
Trade Bank of Iraq has announced a major hike in its capital for 2020 which has risen to $3 billion…
BlackRock AUM drops CHF 1tn, with long-term outflows in EMEA
Blackrock’s long term products suffered outflows of $18.7bn (CHF 18.2bn) in Q1 2020, of which $10.6bn (CHF 10.3bn) was from…
United Arab Bank: The Journey Forward
United Arab Bank shines wiser, stronger, taller and more determined on the other side of 2019. As a result of…
Saudi Aramco in talks with banks to borrow about $10 billion for acquisition of 70% stake in SABIC: Report
Saudi Aramco, the world’s largest oil producer, is in early talks with banks for a loan of about $10 billion…
Saudi Arabia starts selling three-part bonds
Saudi Arabia started marketing on Wednesday a three-part dollar bond deal, a document showed, as the world’s biggest oil exporter…
A perfect storm for Middle East oil importing countries: IMF
The outbreak of COVID-19 across the region is turning out to be a perfect storm for oil importing countries of…
How to make digital meetings feel like face-to-face
For some people, dealing with their investments will be the last thing on their mind right now. Yet we…
Islamic finance charts high-tech future
"Is it halal to buy shares in Tesla?" a young Muslim would-be investor asks on Twitter. Islamic finance --…
SoftBank's troubles deepen with warning of $16.7 billion writedown
SoftBank warned investors on Monday that the value of its technology fund may have dropped by as much as $16.7…
Reputation of financial advisers in the UAE deteriorates: MEIP report
The tenth edition of Middle East Investment Panorama (MEIP) was released today. The report includes findings from two separate surveys,…