NBAD closes syndication of $2b loan
The National Bank of Abu Dhabi, NBAD, has successfully closed the syndication of its $2 billion (Dh7.34 billion) club loan…
Investment Banking
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More than 100 delegates gather in Jeddah for Deutsche Bank's global and regional Iinvestment perspectives 2017 conference
Deutsche Bank’s 2017 Market Outlook conference, titled “Global and Regional Investment Perspectives 2017”, the third event of its kind for…
UAE Central Bank amends anti-money laundering rule
The UAE Central Bank has issued a resolution amending a regulation concerning procedures for anti-money laundering. According to the…
GBSA announces new appointments to the board
The Gulf Bond and Sukuk Association, the trade association representing the Arabian Gulf fixed income market, has appointed Andy Cairns,…
Japan's Bank of Tokyo-Mitsubishi to open branch in Saudi Arabia
Bank of Tokyo-Mitsubishi UFJ has received a licence to open a branch in Saudi Arabia, becoming the first Japanese bank…
BBK unveils revamped mobile banking service
BBK’s Mobile Banking service provides many of the same services that the bank offers on BBK Internet Banking. With…
Egyptian banking delegation visits Malaysia to learn about its experience in financing SMEs
The small- and medium-sized enterprises unit in the Egyptian Banking Institute has organised a field visit to Malaysia in order…
Consortium to pay $1.12bn for Oger’s stake in Jordan’s Arab Bank
A group of investors will pay $1.12bn for Saudi Oger’s stake in Jordan’s Arab Bank and expects to complete the…
30 international and local banks prepare to finance renewable energy projects with $3bn
Thirty international and local banks are preparing to negotiate with renewable energy projects to finance the second phase of the…
Julius Baer celebrates 40 years in Bahrain
Rémy A. Bersier, Head Emerging Markets and Member of the Executive Board of Bank Julius Baer, visited key members of…
Israel's Gett gets $100 mln venture loan from Russia's Sberbank
Russia's Sberbank said on Wednesday it signed a $100 million seven year venture loan agreement for Gett, an on demand…
GE, Trade Bank of Iraq, StanChart sign MoU
GE, Trade Bank of Iraq and Standard Chartered Bank have signed a financing memorandum of understanding to accelerate the development…