Qatar investment spending to fuel GDP growth, says QNB
Qatar’s real GDP growth is expected to grow from 3.3 percent in 2016 to 4.2 percent by 2018, as the…
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NBO offers tap at 23bp NIP
Books for the increase are over $300m, including joint lead manager interest. Crédit Agricole and National Bank of Abu Dhabi…
Abdullah Ashy Appointed Chairman of Ewaan Global Residential
During their latest meeting, the Ewaan Global Residential Board of Directors agreed to nominate Mr. Abdullah Bin Muhammad Ahmed Ashy…
HSBC commercial banking appoints new regional head for APAC
HSBC Commercial Banking on July 6 announced two internal leadership appointments, with Stuart Tait being named regional head of commercial…
UAE’s United Arab Bank ‘inks $150m 2-year loan’
United Arab Bank, a United Arab Emirates-based lender, has secured a $150 million (Dh551 million) loan of two years duration,…
World Bank and AFDB reports put CRCICA in line with international standards
An official at the Cairo Regional Centre for International Commercial Arbitration said that two confidential reports from the World Bank…
QNB targets strategic, opportunistic growth
Group CEO of Qatar’s largest bank, Qatar National Bank, Ali Ahmed Al-Kuwari explains the solidity of the country’s banking sector…
Ex-ANZ exec Alex Thursby at centre of $240b Abu Dhabi bank merger
The Middle Eastern bank run by a former head of ANZ Banking Group's international division, Alex Thursby, will merge with…
Abu Dhabi bank merger will create regional powerhouse
National Bank of Abu Dhabi PJSC is merging with rival First Gulf Bank PJSC in a deal that will create…
Commercial Bank of Dubai closes $450 million loan
Commercial Bank of Dubai has closed a $450 million loan that will be used for general business purposes, the lender…
Commercial Bank announces Executive Leadership Changes
The Board of Directors of The Commercial Bank, a leading regional banking group based in Qatar, today announced the appointment…
Going cashless? UAE residents to pay Dh50 billion through mobile wallet
All banks in the UAE will be offering the mobile wallet (mWallet), which once implemented will reduce the use of…