EFG Hermes advises on $52m Oman IPO
EFG Hermes, a leading financial services provider, has concluded today its advisory to the Oman-based Dhofar Generating Company (DGC) on…
Regulation, Risk & Compliance
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EFG Hermes plans to implement 18 deals in 2018: executive management
The investment bank of EFG Hermes has diversified the services it offers over the past period through concentrating on financial…
Turkish Banks to Meet $6 Billion of Financing Deadlines
Turkish banks may have to pay up once again as they rush to meet $6bn of financing deadlines amid the…
ADB commits $6bn funding for Pakistan
Asian Development Bank (ADB) has committed $6bn in financing for Pakistan's infrastructure developments over the next three years under its…
UNB shares climb for a second day on Abu Dhabi bank merger announcement
Shares of Union National Bank, one of three lenders in the potential big-ticket banking merger in the emirate, rose for…
Qatar first Gulf nation to grant permanent residency to expats
Qatar will soon be the first Arab Gulf nation to allow some of its long-time foreign residents to become permanent…
Aqarmap.com raises investment from Gulf funds
Egypt's Aqarmap.com has closed a round of funding led by several GCC funds. The online real estate marketplace said…
Robo-Advisor Startup Sarwa Raises $1.3 Million In Funding From Regional And International VC Firms
Sarwa, a Dubai-based automated investment advisory platform, has raised $1.3 million in its latest round of pre-Series A funding from…
QDB fetes partner banks for SME support
Qatar Development Bank (QDB) honoured four banks yesterday during the ‘Best Partner Bank’ award ceremony for supporting small and medium-sized…
Turkey's Albayrak says central bank independent, sees no crisis in banking sector
Turkey’s central bank is independent of government and will take all necessary steps to combat inflation, Finance Minister Berat Albayrak…
UAE Central Bank board holds a review meeting
The Board of Directors of the Central Bank of the UAE (CBUAE) has reviewed a memo regarding the ‘Macro Prudential…
Bahrain Islamic Bank Announces Its Partnership With Royal Ambassador Property Management
Bahrain Islamic Bank (BisB) has signed a joint venture agreement with Royal Ambassador Property Management, a real estate property management…