Shuaa Capital returns back into black
Asset management and investment banking firm Shuaa Capital returned back into black in the first-half of 2020, posting net profit…
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Oman secures $2bln bridge loan – sources
The government of Oman has signed a one-year $2 billion bridge loan with a group of international and regional banks,…
Gold could head as high as $3,400, VanEck CEO says as metal pulls back from records
Gold could soon regain its shine, according to one ETF issuer. The precious metal is nearly 5.5% from its…
Sovereign wealth funds reveal COVID-19 impact on global economy
A recent study revealed how sovereign wealth funds (SWFs) are looking at the near-term investment environment. The report published…
IMF Grants Egypt $5.2 Billion Loan
The International Monetary Fund’s (IMF) executive board approved on August 11th a 12-month stand-by arrangement for Egypt at a total…
Why banking on GCC e-wallets is an easy money decision
In a matter of seconds, a digital wallet allows secure payment of bills and purchases to retailers, but also the…
Saudi Arabia's Aramco raises domestic petrol prices
Saudi giant, Aramco, has raised its domestic gasoline prices for August, state TV reported yesterday. In July, the state-owned…
Interacting with customers in the "New Now"
How is the COVID-19 pandemic changing the way companies and customers communicate? And what can we learn from it? …
Dubai's Emirates NBD in early talks for possible acquisition of Blom Bank Egypt
Dubai's biggest bank, Emirates NBD, is in preliminary discussions with Lebanon's Blom Bank,regarding the possibility of a potential acquisition of…
Samba Financial Group Chooses Dubai International Financial Centre for International Operations
> First Saudi Arabian banking license launched in DIFC >DIFC presence will help Samba Financial Group access the regional markets…
Dubai leads most major Gulf markets higher; Egypt quiet
Most major Gulf bourses ended higher on Wednesday, with the Dubai's index buoyed by gains in Emirates NBD Bank after…
Al Salam Bank Reports a Net Profit Attributable to Shareholders of BD 7.1 Million in the First Half of 2020
Al Salam Bank-Bahrain (“ASBB”) (Bahrain Bourse Trading Code: “SALAM”; Dubai Financial Market Trading Code: “SALAM_BAH”) reported a net profit attributable…