Bank ABC Announces Net Profit of US$202 Million
Bank ABC has announced its results for the year ended 31 December 2018: Business Performance (FY 2018): Consolidated net…
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City lobby group names HSBC’s Tucker as chairman
The chair of HSBC has been appointed to the same role at the lobby group representing the interests of the…
NBK awarded Top 10 GCC Businesses Award by SCCI
National Bank of Kuwait was awarded “Top 10 GCC Businesses Award” by Sharjah Chamber of Commerce and Industry. The…
Societe Generale is upbeat about the Middle East's renewable energy finance market
French lender Societe Generale is working on several large renewable energy financing deals and expects sovereigns to increasingly turn to…
NBF posted record set of results achieving its best ever operating and net profit
NBF is pleased to announce its results for the year ended 31 December 2018 in accordance with the approval received…
Franklin Templeton, Actera eyeing Abraaj's Turkey funds: sources
U.S. fund manager Franklin Templeton and Turkish private equity firm Actera are among the bidders in talks to take control…
Old Mutual International launches retail bond for Middle East and Africa
Old Mutual International has launched International Executive Portfolio, a retail bond aimed at investors based in the Middle East and…
Supermodel’s Tax Fight Helps Prompt Israel to Redefine Residency
Israeli tax authorities are planning to tighten the definition of a resident for tax purposes, partly to avoid costly court…
John Varley faced walking ‘the plank’ if Qatar rescue had failed
A senior Barclays executive speculated that his former chief executive John Varley would have to “walk the plank” if the…
Alinma Bank launches its first digital branch
Alinma Bank has launched the first of what will be a full network of digital branches across the Kingdom. …
Emirates NBD helps secure $200m finance for Daewoo E&C
Daewoo Engineering & Construction Company one of Korea’s leading construction companies with a growing presence in Middle East and Africa,…
World Bank to pump billions of dollars into Mena economies this year
The World Bank will provide billions of dollars in loans to the Middle East and North Africa in 2019 to…