Qatar mandates banks for $5 bln sovereign bond
The government of Qatar has mandated banks for a $5 billion sovereign bond, a source familiar with the matter told…
Investment Banking
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Emirates Development Bank reports Dh350m profit for 2012-2015 period
Emirates Development Bank on Tuesday reported a net profit of Dh350 million for the three-year period from 2012 to 2015.…
Qatar National Bank insists customers safe despite breach
One of the Middle East’s leading banks has acknowledged a data breach that last week exposed the personal data of…
Emirates NBD introduces new banking app
Dubai-based bank Emirates NBD has launched a new tablet banking app for its workers that aims to reduce the waiting…
Adgm and UAE central bank in partnership against money laundering and terrorism financing
Abu Dhabi Global Market has signed a memorandum of understanding with the UAE’s Central Bank intended to boost cooperation on…
Barclays Compass: developed markets continue to lead growth opporunities in Q2 2016
Barclays has announced the findings of its latest "Compass" report, which includes the Bank's tactical recommendations to portfolio asset allocations. …
Saudi central bank net foreign assets fall $6bn in March
Saudi Arabia's central bank, which serves as the kingdom's sovereign wealth fund, reported a fall of $6bn in net foreign…
Arab African International Bank awarded sponsorship of El Gouna Squash Open amid fierce competition: Hassan
The Arab African International Bank was awarded the official sponsorship of the El Gouna International Squash Open amid fierce competition…
Qatar Bank Hackers Got in Via SQLi – Expert
Hackers that breached the Qatar National Bank started their attack way back in July last year thanks to an SQL…
FGB earnings hit Dh1.33b
Abu Dhabi's lender FGB earned Dh1.33 billion in the first quarter of the year, which was effected by economic challenges.…
Citi drops out of $1.5 bln financing of Americana sale -sources
Citigroup has dropped out of the group of banks providing a $1.5 billion bridge loan to Gulf-based Adeptio for its…
GIB raises 2 billion Saudi Riyals
Gulf International Bank’s latest bond issue has met with strong demand as…