BlackRock AUM drops CHF 1tn, with long-term outflows in EMEA
Blackrock’s long term products suffered outflows of $18.7bn (CHF 18.2bn) in Q1 2020, of which $10.6bn (CHF 10.3bn) was from…
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United Arab Bank: The Journey Forward
United Arab Bank shines wiser, stronger, taller and more determined on the other side of 2019. As a result of…
Coronavirus And The Coming Financial Revolution
The coronavirus pandemic is one of the biggest and unprecedented seismic shifts in the global economy that we’ve ever seen…
Saudi Aramco in talks with banks to borrow about $10 billion for acquisition of 70% stake in SABIC: Report
Saudi Aramco, the world’s largest oil producer, is in early talks with banks for a loan of about $10 billion…
QIIB launches ‘corporate cash deposit’ cards
QIIB has launched its ‘Corporate Cash Deposit’ cards that allow the bank’s corporate customers to make cash deposits round the…
GCC investment banks facing earnings risk
Management consultancy Oliver Wyman and investment bank Morgan Stanley have released a new report highlighting that in the event of…
Barwa shareholders elect new board via online voting
Shareholders of Barwa Real Estate elected yesterday its board of directors for 2020-2022 during the company’s annual general meeting via…
QIB posts 3-month profit of QR687.5mn
Qatar Islamic Bank has reported net profit of QR687.5mn for the first three months ended March 2020 and said its…
Saudi Arabia starts selling three-part bonds
Saudi Arabia started marketing on Wednesday a three-part dollar bond deal, a document showed, as the world’s biggest oil exporter…
UAE's ADCB files criminal complaint against NMC officials
Abu Dhabi Commercial Bank, a key lender to NMC, has initiated criminal legal proceeding with the Attorney General in Abu…
A perfect storm for Middle East oil importing countries: IMF
The outbreak of COVID-19 across the region is turning out to be a perfect storm for oil importing countries of…
How to make digital meetings feel like face-to-face
For some people, dealing with their investments will be the last thing on their mind right now. Yet we…