Saudi hastens Vision 2030 with debu tloan from sovereign wealth fund
Public Investment Fund, the sovereign wealth fund thatinvests for the government of Saudi Arabia,is seeking global bank lenders for a…
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Finance Monthly announces Mohammed Kateeb as recipient of CEO Award 2018
Path Solutions has announced that its Group Chairman & Chief Executive Officer Mohammed Kateeb has been selected as winner of…
McLaren Helps Boost Bahrain Wealth Fund Assets to $15.4 Billion
Bahrain sovereign wealth fund’s assets jumped 46 percent to $15.4 billion last year after the consolidation of McLaren Group Ltd.…
Turkey ETFs in trouble
Exchange-traded funds providing exposure to Turkish equities are the worst performing ETFs on European exchanges this year on the back…
Bank ABC Islamic profit hits $15.6m
Bank ABC Islamic yesterday announced that its net profit for the first half of 2018 was $15.6 million, three per…
Size matters as Gulf banks continue to seal takeover, merger deals
After a long lull, deals between Gulf banks are kicking up a gear. Lenders across the region are undergoing their…
ADSS expands legal team with new hires in the Middle East
Abu Dhabi based financial services company ADSS – which recently rebranded from ADS Securities – has announced that it is…
Middle East digitisation
How has the year been for SAP thus far? SAP is growing stronger than ever before, with double digit…
Kuwait Finance House, Bahrain’s Ahli United Bank Merger To Result In New Bank With $92 Billion Assets
In July Kuwait Finance House invited Bahrain’s Ahli United Bank to begin a due diligence process for a potential merger…
Foreign capital inflows expected to rise significantly in the Gulf, says UBS
Foreign capital inflows to Saudi Arabia will increase significantly into Saudi Arabia after moves by MSCI and FTSE to include…
Confidence in investment in Kuwait gets fillip from KIF
The second edition of the Kuwait Investment Forum (KIF 2018), held under the patronage and presence of the Amir Sheikh…
Bahrain central bank’s net foreign assets rebound in June
Net foreign assets at Bahrain’s central bank, an indication of its ability to defend its currency against market pressure, rebounded…