UAE Central Bank says lenders ‘increasingly risk averse with businesses’
UAE banks are becoming increasingly risk averse when weighing loans to businesses, the Central Bank said in its latest credit…
Investment Banking
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Iran buys shares of AIIB multinational bank
Iranian deputy economy minister has announced buying shares of Asian Infrastructure Investment Bank. Deputy Economy Minister Mohammad Khazayee said,…
QInvest named "Most Innovative Investment Bank from the Middle East"
QInvest has announced that it was named the "Most Innovative Investment Bank from the Middle East" at The Banker magazine's…
This Deutsche Bank exec quit to risk everything starting Iran's first private equity firm
Iran's economy is set to get a once-in-a-generation boost when a deal to lift international sanctions gets finalised in a…
Ibdar Bank appoints executive director of investors relations
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, today announced that it has appointed Mr. Khalil Al Awadhi as…
Bank Audi Announces New Brand Identity
Bank Audi has announced the launch of its new brand identity which is currently being implemented throughout the Bank. …
Doha bank achieves 1% profit growth
His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank , announced…
Al Rayan Bank’s real estate financing to UK-based GCC customers up 131pc
Al Rayan Bank PLC has recorded a significant growth in the volume of property transactions it has financed in the…
Noor Bank plans Sharia-compliant European stock index
Noor Bank is all set to launch a Sharia-compliant and Sustainable Equity Index-linked investment, targeted at the bank’s high-net worth…
Barclays expects US to accelerate global economic growth in Q4
The report also highlights key investment advice for investors recommending a tactical ‘overweight’ in developed markets equities based on the…
Nine-month profit at Jordan’s Arab Bank barely changed
Jordan’s largest lender, Arab Bank Group, said its January-September net profit came to US$615.1 million, barely changed from $614.2m in…
Turmoil in Turkey No Bar for GCC Banks Lured by Lending to Deals
Lenders from nations including the UAE and Qatar boosted syndicated loans to institutions in Turkey by half this year Banks…