FAB to expand MENA footprint, strengthen regional trade links with Iraq
First Abu Dhabi Bank (FAB) will be expanding its regional footprint with the opening of a representative office in Iraq,…
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Qatar First Bank to implement a capital raise of up to 420 million ordinary shares through its Rights Issue
Qatar First Bank (QFB), has announced that it has received the regulatory go-ahead to proceed with its ‘Rights Issue,’ as…
Jordan’s Capital Bank lists $100m bond on Nasdaq Dubai
The Capital Bank of Jordan has listed a $100m perpetual AT1 bond on Nasdaq Dubai. The bond is the…
Saudi tech firm Master Works raises $40m in first round of funding
Saudi-based data and digital information company, Master Works has closed one of the biggest tech deals in Saudi Arabia, raising…
Qatar, Nigerian Manufacturers to strengthen economic cooperation
Republic of Qatar and Nigeria Government are to collaborate in strengthening economic cooperation between both countries with match-making event scheduled…
Bahrain-based GFH plans listing on Tadawul, ADX
Bahrain-based Islamic investment bank GFH Financial Group is considering listing on the Saudi stock exchange, Tadawul, and Abu Dhabi Securities…
Kuwait Bourse Plans Derivatives Trading Amid Push for More IPOs
Boursa Kuwait Securities Co. plans to add derivatives and futures products to boost liquidity and attract more companies to list. …
UAE banks: Staying one step ahead of fraudsters
According to the UAE Banks Federation (UBF) Annual Report 2020, “In light of the rapid changes witnessed in 2020, remote…
Lebanon central bank extends unlimited sale of dollars to banks until end-March
Lebanon's central bank on Wednesday extended a circular allowing banks to purchase dollars with no ceiling via the bank's Sayrafa…
UAE's Mubadala leads $500mln investment round for Princeton Digital
Abu Dhabi's strategic investor Mubadala Investment Company led an equity round of more than $500 million for Princeton Digital Group…
Saudi fintech firm EdfaPay raises $1.6mln
Saudi-based fintech company EdfaPay has raised 6 million riyals ($1.6 million) in a pre-seed round. The funding round was…
Boursa Kuwait plans to list 8 family-owned firms to expand trading
Boursa Kuwait plans to list eight family-owned companies in an effort to expand trading, Boursa Kuwait CEO told Al Arabiya.…