GCC banks need better understanding of SMEs to improve funding
SMEs are a core engine for job creation and economic development worldwide. Traditionally, banks are key contributors to SME…
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GIB converts Saudi branches into local bank with $2bn capital
Bahrain’s Gulf International Bank has completed converting its existing Saudi Arabian branches into a locally incorporated bank. The local…
Egypt's PM Urges Opening Banque misr Branch in Somalia
Egypt's Prime Minister Mostafa Madbouli urged opening a branch of Banque Misr in Somalia, as it will have positive repercussions…
Conveyancing Developments In Europe, China, And The Middle East
With the media in the UK consumed by news of Britain’s imminent (we think) departure from the EU, it is…
Qatar First Bank EGM approves resolution for capital reduction
Qatar First Bank’s extraordinary general meeting yesterday adopted a special resolution to approve the bank’s board of directors share capital…
Trust Re appoints Talal Al Zain as new group CEO replacing Abunahl
Bahrain-based re/insurer Trust International Insurance & Reinsurance Company has appointed Talal Al Zain as its new group chief executive officer.…
Dubai Islamic Bank gets board nod to explore Noor Bank purchase
Dubai Islamic Bank has secured the go-ahead from its board to weigh the acquisition of rival Noor Bank. In…
UAE Banks Federation announces new board
UAE Banks Federation on Tuesday announced a new board of directors following its annual general assembly meeting held on Monday.…
Al Khaliji holds seminar on growing importance of treasury for students
Al Khaliji, Qatar’s next generation bank, held an engaging lecture for the students of Qatar Banking Studies and Business Administration…
Gulf Capital closes long-term AED500m revolving credit facility
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility…
The 2018 edition of the Happiest Workplaces revealed
The region’s top happy workplaces were revealed and honored at the second edition of the Happiness @ Work Award ceremony.…
Banks use fintech to make up for lost time on financial inclusion
It fell to a mobile phone company more than a decade ago to financially empower tens of millions of Africans…