NBK Capital Partners exits $157m private debt fund
NBK Capital Partners, a unit of Kuwait's largest lender National Bank of Kuwait that advises on flexible capital to Mena…
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Commercial Bank has ‘sufficient potential to grow’ in Qatar: CEO
Commercial Bank has “sufficient potential to grow significantly in Qatar” over the next few years, said Group CEO Joseph Abraham.…
Monetary deposits spur money supply
Driven by a rise in monetary deposits, money supply aggregates in the UAE under two key classifications (M1 and M2)…
Investment in cryptocurrencies a risk
Head of Central Bank of Iran's Information Technology Department has warned against investing in digital currencies. Nasser Hakimi told…
Arcapita appointed as adviser for HSBC Saudi Arabia’s US$150 million GCC fund
Bahrain-based alternative manager Arcapita has been appointed as adviser for HSBC Saudi Arabia’s US$150 million Gulf Cooperation Council investment fund,…
Russia’s Sberbank in talks with Dubai’s biggest bank to sell turkey unit
Talks are at a “very preliminary stage and there is no certainty that any transaction will be entered into,” Dubai’s…
KPMG appoints global head of infra finance in Dubai
His appointment is in line with KPMG’s ambition to support a wide range of clients who are looking at public-private…
Bank Sohar posts 33 per cent growth in net profit
Bank Sohar’s 2017 performance was catalysed by rapid progress on all business fronts – a direct outcome of concerted customer-centric…
Bank of Jordan enters Bahrain
Bank of Jordan has been granted a licence to operate in the Kingdom as a wholesale bank, said the Central…
Dubai-based crypto exchange opens for new GCC, UAE registrations for one day
BitOasis, a digital asset wallet and exchange platform for cryptocurrency, has enabled submissions of new account verifications for one day…
Lebanon's Byblos Bank profits up close to 3% in 2017
Byblos Bank announced Monday that its net profits at the end of 2017 had increased by 2.91 percent on 2016…
China's wealth becomes X factor in Dubai realty
The China effect on Dubai’s real estate market is only going to get bigger. High networth Chinese buyers are looking…