Bahrain’s Investcorp targets larger North American deals
Investcorp Holdings BSC is targeting larger private equity deals in North America as it seeks to boost assets under management…
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Bahrain a 'country to watch' for GCC contact center outsourcing
A host of favourable conditions position Bahrain as a potential global hotspot for contact-centre outsourcing – according to a new…
Saudi Fransi to advise Emaar the Economic City on $753mln capital hike debt conversion
Emaar The Economic City has hired Saudi Fransi Capital to advise on a capital increase through the conversion of a…
Kuwait may take 4 years to introduce personal taxes
It could be 3 to 4 years before Kuwait introduces taxes on its citizens as political gridlock and a lack…
Qatar Emir sacks finance minister over corruption charges
Qatar’s Emir Sheikh Tamim bin Hamad Al Thani on Thursday sacked his finance minister over charges of corruption, state media…
Turkish central bank sticks to high interest rates after inflation rise
Turkey’s central bank held its key interest rate steady at 19% as expected yesterday and repeated a pledge to keep…
Jordan fires Basem Awadallah from Arab Bank administration
Jordanian Central Bank removed former Chief of Royal Court, Bassem Awadallah, from its administration, local media reported yesterday. According…
National Bank of Bahrain's Q1 net profit soars to $41m
National Bank of Bahrain has reported a 1.3% increase in its net profit attributable to equity shareholders to BD15.6 million…
Mashreq and Oracle Collaborate to Develop the Future of Transaction Banking
Mashreq Bank has modernizing its award-winning transaction banking capabilities in the Middle East and Africa with Oracle. To deliver…
World Bank and Arab Monetary Fund to discuss financial technology
The World Bank and the Arab Monetary Fund will hold a virtual conference today about digital payments and e-banking. …
Dubai Investments targets acquisitions to diversify its portfolio
Dubai Investments is assessing acquisitions in healthcare, education and other sectors and will soon start a new real estate project…
Lebanese judge orders asset freezes for individuals tied to major banks
A Lebanese judge has ordered a protective freeze of some properties and company stakes of 14 individuals with links to…