NIB approves capital hike for aiBANK
National Investment Bank agreed to increase the capital of Arab Investment Bank by EGP 800 million, Hala el Said, Egypt’s…
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Boost of US$ 100 million from EBRD to Turkey’s Yapi Kredi
Loan of US$ 100 million to expand access to finance for businesses in times of coronavirus crisis Yapi Kredi mobilises…
Arab Monetary Fund disburses to Kingdom of Jordan the second tranche of the loan
Arab Monetary Fund disburses to the Hashemite Kingdom of Jordan the second tranche of the loan within the framework of…
Saudi wealth fund boosts US holdings with stakes in Citi, Boeing, Facebook
Saudi Arabia's sovereign wealth fund has bought minority stakes in major American companies including Boeing , Facebook and Citigroup ,…
Mashreq welcomes new executive team member
Mashreq, one of the leading financial institutions in the UAE, has appointed Mufazzal Kajiji as the new Head of Mashreq…
Confronting climate risk
After more than 10,000 years of relative stability—the full span of human civilization—the Earth’s climate is changing. Since the 1880s,…
QFC welcomes Credit Agricole CIB, Vakifbank to its platform
The Qatar Financial Centre (QFC) has welcomed Credit Agricole Corporate and Investment Bank (Credit Agricole CIB), and VakifBank to its…
QFC welcomes Credit Agricole CIB, Vakifbank to its platform
The Qatar Financial Centre (QFC) has welcomed Credit Agricole Corporate and Investment Bank (Credit Agricole CIB), and VakifBank to its…
Egypt's Suez Canal Bank to sell entire stake in Midor
Egypt’s Suez Canal Bank will sell its entire stake in Middle East Oil Refinery (Midor) for $30.6 million. The…
Dubai leads GCC stock market decline in early trade
The UAE and other GCC stock markets fell on Thursday morning, in line with decline in other global markets. …
GCC outlook: Should we worry about inflation after COVID-19 bailouts?
It's a rough ride for the Gulf states. The pandemic is cratering businesses and people are losing their jobs, creating…
EMEA emerging market banks face rising risks amid lockdown, oil shock – Fitch
European, Middle East & African emerging market banks face rising risks due to weaker economic activity triggered by coronavirus and…