First Abu Dhabi Bank strongly denies report on merger with Abu Dhabi Islamic Bank
First Abu Dhabi Bank has strongly denied it is merging with Abu Dhabi Islamic Bank to create the biggest lender…
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Regulation of interest eyed
Responding to complaints of pensioners, the National Assembly turned its gaze to the Banking Union which took a single-handed decision…
Africa's IHS eyes South-east Asia, Middle East
IHS Holding plans to enter new markets in the Middle East and South-east Asia to bulk up ahead of a…
Fintech investors look into Turkish finance market
The Istanbul Financial Center has been attracting the attention of financial technology companies recently. Nigel Verdon, co-founder and CEO of…
RBI moves to push growth
UAE-based non resident Indians heaved a sigh of relief on Thursday, as the Reserve Bank of India announced a repo…
First Abu Dhabi Bank raises $1.1 bln in bonds – document
First Abu Dhabi Bank raised $1.1 billion in three-year bonds, a document issued by one of the banks leading the…
Unigestion expands sales team with Head of Sovereign Wealth Funds appointment
Unigestion, an independent, specialist asset manager has bolstered its sales team with the appointment of Cyrille Urfer as Head of…
SoftBank to Seek $15 Billion More for Its Huge Tech Fund
For SoftBank Group Corp., $100 billion isn’t enough. The Japanese conglomerate, which has reshaped the technology startup landscape with its…
Bahrain’s FDI surges 5.5pc to $29bn in 2018: iGA
Bahrain recorded a foreign direct investment of BD11 ($29 billion) during 2018, reflecting an increase of 5.5 per cent over…
NBB signs up TCS for core banking solutions
National Bank of Bahrain announced that it has selected Tata Consultancy Services a leading global IT services, consulting and business…
First digital payroll solution unveiled
Al Salam Bank-Bahrain and Arab Financial Services have rolled out Bahrain’s first digital payroll solution, Al Rateb for the unbanked…
IMF Executive Board Concludes 2019 Article IV Consultation with Kuwait
On March 25, 2019, the Executive Board of the International Monetary Fund concluded the 2019 Article IV consultation with Kuwait. …