Saudi Export-Import Bank signs agreements worth over $100mln with DHAMAN
The Saudi Export-Import (Saudi EXIM) Bank has recently concluded reinsurance agreements worth over USD 101 million (about SAR 380 million)…
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GCC markets gain in October on strong banking sector earnings
GCC equity markets witnessed gains for the 12th consecutive month supported by a broad -based rally across exchanges in the…
Boursa Kuwait announces profits of KD 11.7mln for the period ended 30 September 2021
Adjusted net profit recorded a robust organic growth of approximately 36%. The increase is derived by excluding the one-time “gain…
Etihad Credit Insurance launches ‘UAE Trade Finance Gateway’
As a significant impetus to the UAE’s economic development, Etihad Credit Insurance (ECI), the UAE Federal export credit company, has…
Moody’s affirms eight UAE banks' ratings and changes outlook to stable
Moody's Investors Service affirmed the long-term ratings of eight UAE banks and changed the outlook to stable from negative on…
Arab National Bank profits fall: Market Wrap
The Tadawul All Share Index, TASI, was down 0.2 percent at 11,845 points in early trade today. Here’s a…
Expert Hub helps connect investors to Africa at GBF
Hundreds of delegates at the sixth Global Business Forum Africa, looking for authentic information about market access, investment opportunities, or…
More UAE dollar bonds expected next year, local currency issues to follow
The United Arab Emirates federal government will be in the market next year for more dollar bond issuances and is…
Fitch sees limited pandemic impact on Saudi banks
Fitch Ratings agency revised outlook for Saudi banks as it said the impact of the pandemic on their performance has…
Capital Investments Help Payment Infrastructure Firms GPS and Nuvei Make Major Moves Across EMEA Region
As part of its efforts to accelerate technology development and global growth, payments issuer processor Global Processing Services (GPS) recently…
Saudi sukuk market sees four special deals worth $15mln
Four special deals were completed today in the Saudi sukuk and bond market, with a total value of SR56.17 million…
Shareholders approve merger of Qatari lenders Masraf Al Rayan, Al Khalij
Qatari lender Masraf Al Rayan’s shareholders have approved the proposed merger with Al Khalij Commercial Bank in a move that…