UAE gross bank assets up to $863.6bln by end of January
The UAE gross bank assets, including bankers’ acceptances, rallied to AED3.172 trillion by the end of January 2021, figures by…
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EBRD partners with Bank of Palestine to support Women in Business in the West Bank and Gaza
EBRD teams up with Bank of Palestine to support women entrepreneurs in the West Bank and Gaza Increased lending for…
CEO of Standard Chartered Africa and Middle East (AME) joins MoneyTap as a Global Advisor
MoneyTap has announced that Sunil Kaushal, the CEO of Standard Chartered Africa and Middle East (AME), will be joining them…
Strategy& partners with Facebook on Lebanese SME initiative
Facebook has launched a new initiative to support struggling small- and medium-sized businesses in Lebanon, with leading global consulting firm…
UAE’s gross banking assets stand at Dhs3.172tr by end of January
The UAE gross bank assets, including bankers’ acceptances, rallied to Dhs3.172 trillion by the end of January 2021, figures by…
SHUAA Capital appoints CEO of Real Estate
SHUAA Capital has announced the appointment of Walid El-Hindi as its CEO of Real Estate with immediate effect. Walid…
Why large UAE banks’ 2020 profit decline is manageable
The four largest bank in the UAE saw sharp drop in their net profit in 2020, but the decline is…
GCC holds a positive outlook on the future of work – PwC Middle East survey
A new survey by PwC in 19 countries, including four across the GCC, reveals that the way people work and…
Dubai Islamic Bank Shareholders Approve 20% Dividend as Robust Growth Continues Despite Economic Challenges
Dubai Islamic Bank has successfully concluded its Annual General Meeting (AGM) held remotely at the bank’s headquarters in Dubai. …
HSBC completes first-ever securities lending transaction in Saudi Arabia
HSBC has completed the first securities lending transaction in Saudi Arabia. The bank acted as custodian and agent lender…
How Digital SBL Offers a Roadmap to Post-COVID Liquidity
“Leverage, not liquidate” may be the 2020 rallying cry for lenders, private bankers and wealth managers looking to provide socially…
Financial advisory firm Cullen Wealth eyes acquisitions after completing MBO with £4m loan
A Stockport-based financial advisory firm is looking to make acquisitions after it secured £4m to complete a management buy-out. …