Commercial Bank of Dubai purchases Dh3bn loan portfolio from UK lender RBS
Commercial Bank of Dubai has announcedit has agreed to acquirea corporate loan portfolio worth approx. AED 3 billion from Royal…
Investment Banking
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Israel applies to become founding member of China development bank
The Israeli government has submitted its application to become a founding member of a controversial Chinese-led development bank, in a…
Gulf banks join regulatory capital party
Middle Eastern banks are taking advantage of cheap borrowing costs to optimise their capital structure even though countries in the…
Qatar First Bank interested in Indian healthcare sector investment
Qatar First Bank is looking forward to make big investments in India, especially in the country’s promising healthcare sector, said…
Emirates NBD bags three awards at Middle East Banking Awards 2014
The Emirates NBD Group won three awards at EMEA Finance's Annual Middle East Banking Awards. The bank was recognisedas…
Buoyant year for UAE banks
UAE banking revenues and profits are expected to grow in double digits in 2015, according to a top official of…
Swicorp closes Saudi real estate fund deal
Swicorp, a leading asset management, private equity and investment banking firm with a specific regional focus on the Middle East…
Loan Ranger: Emirates NBD's Shayne Nelson
Shayne Nelson is in a remarkably good mood as he settles down for our meeting. And it’s not the…
Turkey has applied to join the Asian Infrastructure Investment Bank
Turkey has applied to join the Asian Infrastructure Investment Bank (AIIB) as a prospective founding member, the Ministry of Finance…
‘UniCredit bonds not an exit from bank investment’: Aabar
Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit…
Emirates NBD ranked among top 25 Global Banks on Social Media
Emirates NBD, a leading bank in the region, has been ranked 25th among all banks active on social media in…
Egypt's Arab Investment Bank and IDB unit launch leasing firm
The Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group,…