Doha Bank to cut construction exposure, keep UAE branches – CEO
Doha Bank will cut its exposure to construction companies to 10 per cent from 17 per cent of lending in…
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Singapore private banks target Middle East, NRI clients
Singapore's private banks are stepping up efforts to capture new clients in the Middle East market, which includes a significant…
NBK-Egypt signs a cooperation protocol with Egypt’s Town Gas
National Bank of Kuwait – Egypt (NBK-Egypt) signed a cooperation protocol with the Egyptian Company For National Gas Distribution In…
New rule for UAE banks for issuing cheque books
The UAE Central Bank on Monday said it had asked banks to carry out credit checks with the Al Etihad…
BSP, AMLC and the Kuwait-Dubai money feud
Rising tensions between Gulf allies Kuwait and Dubai threaten to embroil the country’s biggest bank, BDO Unibank, in an escalating…
Qatar National Bank signs Neymar as exclusive Global Brand Ambassador
The Qatar National Bank (QNB) Group, the largest financial institution in the Middle East and Africa, has announced the appointment…
Sawari Ventures announces $35m first closing of $70m North Africa fund
Egyptian venture capital firm Sawari Ventures yesterday (9 December) announced a $35-million first closing of its $70-million Sawari Ventures North…
Dubai Financial Market updates Sharia standards
Bourse became the world’s first Sharia-compliant exchange in 2007 The Dubai Financial Market (DFM) has published updated Sharia standards…
A Win-Win: How Saxo Bank's Open Approach To Investing Duly Delivered
With an average daily turnover of $12 billion and thousands of customers using its products daily, it is fair to…
African Development Bank Lauds Egypt’s Economic Rebound, Partnerships, at Africa 2018 Forum
Egypt is the Bank’s second largest regional shareholder and third client in terms of cumulative historical approvals, making it the…
UAE investment group buys key stake in Gulf Navigation
UAE-based Goldilocks Investment Company said it has reached an agreement with Gulf Navigation Holding, a leading maritime and shipping company…
Exempted companies to operate locally
Government has released a bill to amend the Local Companies (Control) Law that would allow exempted companies to carry out…