Mashreq appoints Chief Client Experience & Conduct Officer
Mashreq has appointed Rania Nerhal as its Chief Client Experience & Conduct Officer. Rania will be leading the bank’s…
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Abu Dhabi Commercial Bank launches in Egypt
The Abu Dhabi Commercial Bank Group, the fifth largest banking entity in the Gulf with assets of 405 billion dirhams…
Export Development Bank's FY profit 2019/2020 declines
its consolidated net profit in the fiscal year (FY) of 2019/2020, according to the company’s August 30th statement filed to…
Dubai to come back to debt market with 10-yr sukuk, 30-yr bonds
Dubai has hired banks to arrange investor calls ahead of a potential sale of U.S. dollar-denominated 10-year sukuk, or Islamic…
Jordan signs 4 financing agreements with EU, Germany
Minister of Planning and International Cooperation Wissam Rabadi has signed four financing agreements in the water and education sectors in…
TMG, NBE, Banque Misr sign EGP 4bn strategic partnership
The National Bank of Egypt and Banque Misr have signed an EGP 4bn strategic partnership with Talaat Moustafa Group subsidiary,…
Egypt signs $2bn conventional, Islamic facility to finance budget deficit
Egypt’s Ministry of Finance has signed the first conventional and Islamic financing facility, worth $2bn, to finance state’s budget deficit…
UAE central bank boosts liquidity with $4.3bn cash injection
The Central Bank of the United Arab Emirates injected around AED15.86 billion ($4.3bn) in cash to the financial system in…
Dubai plans comeback to debt markets amid sharp economic downturn
Dubai has hired banks to advise it on its comeback to the international debt markets as the Middle East trade…
KPMG Bahrain hires 9-strong team of tax advisors from Keypoint
KPMG has have a team of tax advisors from Keypoint, strengthening its Tax and Corporate Services in Bahrain. Led…
UAE Property Deals Lure Israeli Investors
As the UAE and Israel are holding talks this week to finalise details to set up diplomatic ties following the…
QSE declines by more than 77 points as Gulf funds square off their position
The Qatar Stock Exchange on Monday lost more than 77 points as the Gulf funds were increasingly seen squaring off…