Central Bank of Bahrain grants licence to UK financial services firm
UK-based Nomura International has got a representative office licence to operate in Bahrain, by the Central Bank of Bahrain. From…
Investment Banking
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Dubai bank to launch first battery powered payment cards
Dubai's biggest bank on Tuesday announced plans to introduce the first battery-powered, interactive payment cards to the UAE this year.…
BofAML forecasts $10bn gross issuance by Qatar this year
GCC debt will be a strong play for investors in 2018. Qatar’s gross issuance for the year 2018 is expected…
Deutsche chooses head of EMEA private equity secondaries
Daniel Green was named head of private equity secondaries for Europe, the Middle East and Africa at Deutsche Asset Management,…
Israel Bank Hapoalim Allies With Aerospace On Blockchain
On January 4, 2018, Israel's largest bank, Bank Hapoalim, announced that it will work together with the cybersecurity wing of…
Banker From Turkey Is Convicted in U.S. Over Plot to Evade Iran Sanctions
A Turkish banker was convicted on Wednesday of taking part in a billion-dollar scheme to evade American sanctions against Iran,…
Egypt picks five Banks to manage Its $4billion Eurobond sale
Egypt selected five banks to manage a Eurobond sale of about $4 billion, the finance minister said, as the nation…
ACC summons ex-chair, MD of AB Bank
The Anti-Corruption Commission has summoned AB Bank's immediate past chairman M Wahidul Haque and a former managing director today for…
Saudi foreign reserves rise in November for second straight month
The Saudi Arabian central bank’s foreign reserves rose in November for a second straight month, in a sign that higher…
EIB, Arab Bank sings EUR 300 million deal to support SMEs
The European Investment Bank and Arab Bank has signed a financing agreement of EUR 300 million to support small- and…
QNB: Weathering the storm
There may not be a large financial institution that has faced more trying circumstances in recent months than Qatar National…
Oman Arab Bank launches advanced automation system
In line with its strategy to transform itself into a pioneer in digital banking in Oman, Oman Arab Bank has…