ADCB and UNB shareholders greenlight mega-merger
Shareholders of Abu Dhabi Commercial Bank and Union National Bank have given their approval for a merger of the two…
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EBRD weighs up Africa development push
Created in 1991 at the end of the Cold War, the original mandate of the London-based European Bank for Reconstruction…
Bond backlash shows time is running out for Lebanon
The market’s memory is so short when it comes to Lebanon that a few weeks of government inaction all but…
QCB governor attends GCC meeting in Oman
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saoud al-Thani took part in the 72nd Meeting GCC Committee…
Qatar sells triple-tranche jumbo bond to boost $12 billion
Qatar sold $12 billion in bonds on Wednesday, and drew around $50 billion in demand – the largest order book…
Abu Dhabi wealth fund Mubadala sees more opportunities for China growth, investments
Investors should not have to choose between China and the US as tensions rise between the world’s two largest economies,…
Islamic banking largest sector, contributing to 71pc of industry’s assets
The global Islamic finance market is growing moderately, because of the strong investments in the Halal Sectors, infrastructure, and Sukuk…
Payments Landscape in Egypt: Opportunities and Risks
GlobalData’s “Payments Landscape in Egypt: Opportunities and Risks to 2022”, report provides detailed analysis of market trends in the Egyptian…
Zain investing heavily in its ‘4Sight’ digital strategy
The annual Ordinary General Assembly of Zain Group was held yesterday at the Zain Group’s headquarters in Kuwait with a…
The anatomy of an exit in the Middle East
Khaled Talhouni is the managing partner at Wamda Capital Anyone active in the startup scene today seems to be…
UAE banks suspend credit, debit cards as customers don't update Emirates ID
Banks in UAE have started suspending credit and debit cards of some customers who haven't updated their Emirates ID details…
Equiom opens Dubai office
Professional services provider Equiom has opened a new office in the Dubai International Financial Centre (DIFC), operating as Equiom (Isle…