Oman Arab Bank's gets nod from Alizz board to proceed with merger
The board of Al Izz Islamic Bank, a Muscat listed Sharia-compliant lender, approved a share swap ratio for its merger…
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Egypt- SAIB launches new brand identity
Societe Arabe Internationale de Banque launched its new brand, enhancing the bank's identity and mental image among customers, and supporting…
Shalini Warrier Appointed as Executive Director of Federal Bank
Shalini Warrier has been appointed as Executive Director of Federal Bank. The Bank received approval of Reserve Bank of…
deVere Acuma appoints John McKellar as new General Manager for UAE
deVere Group has announced the appointment of John McKellar as General Manager of its deVere Acuma brand in the UAE.…
Family Office structures in the Middle East on the rise driven by global outlook
Wealthy Middle Eastern families are adopting an increasingly global mindset, and this is having a profound impact on their wealth…
Tarek El Nahas to join Mashreq as Head of International Banking
Mashreq has appointed Tarek El Nahas as its new Head of International Banking Group. Tarek spent 25 years at…
In Dubai, developers turn mortgage providers
Banks in the UAE are just not offering enough mortgages to support home ownership – and even when they do…
Emirati tycoon plans multimillion-dollar Saudi leisure project
A word often used to describe Khalaf Al-Habtoor — founder and chairman of Al-Habtoor Group, and one of the Middle…
UAE Cabinet approves draft law amending nation's Federal Agency Law
The UAE Cabinet has a approved a draft law amending provisions within the nation's Federal Law No. 18 of 1981,…
Fundraising on Mena equity markets hit all-time high in 2019
The amount of money raised by Middle East firms on equity markets increased almost five-fold last year to the highest…
Qatar National Bank Looks to Southeast Asia: CEO Al Khalifa
Qatar National Bank is weighing opportunities in Southeast Asia as it looks to grow its global footprint. Foreign expansion is…
Ahlibank posts QR675.2mn net profit in 2019
Ahlibank has posted a net profit of QR675.2mn in 2019, up 1.5% on the year before. The bank’s balance sheet…