Pakistan signs $375 million syndicated loan with UAE banks
Pakistan signed a $375 million syndicated loan with banks in the United Arab Emirates in June made up of conventional…
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DFSA signs MoU with Smart Dubai
The Dubai Financial Services Authority has signed a Memorandum of Understanding with Smart Dubai to collaborate on organisation-wide smart transformation…
Abraaj investigation is 'well resourced', says Dubai's financial regulator
“The DFSA acted quickly and appropriately in the matter. We have turned our attention to investigation," said Bryan Stirewalt, chief…
Saudi central bank studying license requests for two new banks: SAMA governor
Saudi Arabia’s central bank is reviewing license requests for two new Saudi banks, Saudi Arabian Monetary Authority Governor Ahmed al-Kholifey…
UAE banks expected to report strong H1 profits
UAE banks are expected to report strong first half results supported by loan growth, lower provisions and shrinking costs. …
Emirates NBD receives regulatory nods for its takeover of Turkey’s Denizbank
Emirates NBD, the biggest lender by assets in Dubai, received regulatory approvals from four countries for its $2.7 billion (Dh9.91bn)…
Old banknotes will not be valid after one month: Central Bank of Oman
Certain Omani banknotes will no longer be used in the Sultanate, according to the Central Bank of Oman. The…
Baker + McKenzie Add 81 New Partners – Bring Global Total to 1550
Leading global law firm Baker McKenzie has announced the election of 81 new partners. This latest investment in the Firm’s…
Standard Chartered launches Women in Tech Accelerator in the UAE
The Bank has taken the diversity and inclusion agenda to the next level with this initiative This programme captures the…
NBB named ‘Best Bank in Bahrain’ by Euromoney
Euromoney awarded the National Bank of Bahrain the award for “Best Bank in Bahrain” at the Euromoney Middle East Awards…
SICO Named Best Investment Bank in Bahrain
SICO BSC was named Best Investment Bank in Bahrain at the 2019 Euromoney Middle East Awards.The prestigiousrecognition is the latest…
KFH-Bahrain Wealth Management Department introduces sukuk and Lombard financing for its clients
In line with its strategy to provide customers with innovative wealth management solutions and services, KFH-Bahrain’s Wealth Management Department is…