HM King lauds CBB role in boosting financial sector
His Majesty King Hamad bin Isa Al Khalifa praised the efforts of the Central Bank of Bahrain to enable Bahrain…
Investment Banking
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Egypt’s $12b IMF talks a guide to what to expect
Egyptian officials are holding talks in Cairo with the International Monetary Fund over a loan to help finance the government’s…
Saudi Arabia Seen Stepping Up Fight Against Bank Cash Squeeze
Saudi Arabia may be embarking on a new phase in its efforts to stave off the worst of a cash…
U.A.E. Opens VPNs to Banks
Companies and banks based in the United Arab Emirates can use virtual private networks to access internal systems as long…
Kuwait's Burgan Bank says Q2 net profit falls by 14%
Burgan Bank, Kuwait's third-largest lender by assets, reported a 14 percent fall in second-quarter net profit on Tuesday. A…
Advanced phases of cooperation between BAB and CBB
The Bahrain Association of Banks board of directors reviewed their collaboration with the Central Bank of Bahrain through a meeting…
Morgan Stanley Saudi Arabia CEO leaves, chairman to step down
Morgan Stanley’s chief executive in Saudi Arabia, Gabriel Aractingi, is leaving the bank after three years in the role, while…
Saudi Arabia Said to Have Offered $4 Billion to Banks
Saudi Arabia’s central bank offered lenders short-term loans in late June to help ease liquidity constraints, according to five people…
Saudi central bank's foreign assets drop $11bn
Net foreign assets at Saudi Arabia's central bank fell by $11 billion from the previous month to $562 billion in…
Ex-Barclays Executives Said to Face Round Two With SFO on Qatar
The U.K. Serious Fraud Office has started re-interviewing former Barclays Plc executives over the bank’s 2008 Qatar fundraising, as the…
20 UAE banks among top banks worldwide
The General-Secretariat of the Union of Arab Banks, UAB, has announced the inclusion of 85 Arab banks among the top…
Oman- Clifford Chance Advises On $100Mn NBO Tap Issuance
Clifford Chance's Dubai office has advised Credit Agricole Corporate and Investment Bank and National Bank of Abu Dhabi PJSC as…