Negotiations on for Bank Alkhair's acquisition: GFH
Gulf Finance House said on Monday the negotiations are underway for acquisition of Bank Alkhair of Bahrain. The due…
Regulation, Risk & Compliance
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UAE's RAKBANK and Network International Sign MOU to support merchants
RAKBANK announced the signing of a Memorandum of Understanding with Network International, the leading payment solutions provider in the Middle…
GCC liquidity crunch to perpetuate subdued growth – CFA member societies survey lists challenges to GCC economies
Tightening liquidity will continue to pose imminent challenges to GCC economies according to the latest CFA member societies survey, which…
Clinton Foundation Move Of $1.8 Billion To Qatar Is A Fake Story From Conspiracy Site
There have been many allegations surrounding the Clinton Foundation now that Hillary Clinton is the 2016 Democratic presidential candidate. …
Beltone Financial says still has chance to seal CI Capital deal
Egypt's Beltone Financial is still interested in acquiring local investment bank CI Capital and will revive the deal to create…
Dubai-based Adeptio committed to takeover offer for Kuwait Food Co shares
Gulf investment group Adeptio plans to undertake a mandatory takeover offer of shares in Kuwait Food Co, it said in…
Rasmala Investment Bank Limited Resolves Compliance Concerns with the DFSA
The Dubai Financial Services Authority has accepted an Enforceable Undertaking from Rasmala Investment Bank Limited, a company incorporated in the…
€740m loan to support Egypt’s economy: European Investment Bank
Prime Minister Sherif Ismail and Minister of International Cooperation Sahar Nasr met with European Investment Bank vice president Dario Scannapieco…
Emirates NBD and UTI International to launch Islamic funds in India
Emirates NBD Asset Management has entered into a partnership agreement with UTI International, one of India’s largest money managers, to…
Etisalat Digital and Accenture Sign MOU to Lead Digital Transformation in the Region
Etisalat, through its newly established Etisalat Digital, have signed a memorandum of understanding with Accenture at the Gitex Technology Week…
Saudi Arabia’s $17.5 billion, Dh64.2 billion bond issue would be the largest ever by an emerging market.
Saudi Arabia is expected to raise 75 per cent more in a bond issue than the earlier anticipated $10 billion,…
IMF official lauds Saudi steps to control wages
Egypt is unlikely to see a jump in inflation because import prices reflect now the black market rate, Masood Ahmed,…