AUB in push for merger with KFH
Bahrain’s largest lender Ahli United Bank has announced that two investment banks are evaluating a fair share exchange ratio for…
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Middle East sukuk thaws as bank pair hit the road
“It would be wrong to say that there’s a constructive environment throughout emerging markets, but Gulf credits, particularly high grade…
IFC commits $2 billion to support Middle East private sector
IFC, a member of the World Bank Group, stepped up its investments in the Middle East and North Africa (Mena),…
Oman Arab Bank conducts induction course for new Omani staff at head office, branches
As part of its continued support of Omanisation within the banking sector, Oman Arab Bank, recently conducted an induction course…
Qatari Islamic banks grow despite regional rift -IFSB data
Assets and revenues at Qatar’s Islamic banks have grown over the past year but an increase in problem loans and…
Barwa Bank, International Bank of Qatar ink merger agreement
Barwa Bank and International Bank of Qatar (IBQ) have signed a final agreement to merge their banking operations to create…
Turkey Puts Pimco and BlackRock on Wounded EM Bond-Fund List
Turkey’s financial meltdown left few emerging-market money managers unscathed in August, and investors won’t be buying any time soon, Vanguard…
Standard Chartered May Face Another Fine for Iran Sanctions Breaches
Standard Chartered Plc has already paid a painful penalty for secretly moving billions of dollars through the U.S. on behalf…
Monetary Authority of Singapore and Dubai Financial Services Authority strengthen ties in FinTech
The Monetary Authority of Singapore and the Dubai Financial Services Authority have signed a FinTech Agreement that allows referrals of…
Standard Chartered to pilot blockchain-based smart guarantees in trade finance
Standard Chartered announced on Wednesday that in collaboration with Siemens Financial Services, the financing arm of Siemens, and TradeIX, a…
ADGM’s aviation finance structure utilised in sukuk issuance
The Abu Dhabi Global Market said it had facilitated the transaction of a 12-year sukuk issued by Natixis and Noor…
IFLR Middle East Awards 2018: shortlist now live
The winners of these categories, plus national firms of the year, rising stars and the lifetime achievement award will be…