Bank ABC Group profit up 22pc to $50m
Bank ABC announced that its consolidated group net profit attributable to the shareholders of the parent for the first quarter…
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Saudi-based IDB to provide $453 mln of funding across region
The Islamic Development Bank has agreed $453.3 million in financing deals across the Middle East and Africa, including $200 million…
Lebanon's PM calls for Arab banks to finance reconstruction
Prime Minister Saad Hariri said Friday that Arab banks should play a bigger role in the reconstruction drive in the…
Iran doing business with 3 mega-banks of Japan
Indications have emerged in the media that three of the biggest Japanese banks are already doing effective business with Iran…
Agricultural Bank of China starts RMB settlement in UAE
Agricultural Bank of China, the third biggest lender in China in relation to assets, opened on Wednesday a Chinese currency…
J.P. Morgan expands Middle East Private Banking Team
J.P. Morgan Private Bank has appointed Toby Lott as an Executive Director and Client Advisor on the Middle East private…
TSYS Signs Payments Agreement with QIIB
TSYS has announced that it has signed an agreement with Qatar International Islamic Bank to license PRIME 4, the latest…
Lebanese Investors Eye Rwanda
Leading Lebanese entrepreneurs are set to visit Rwanda later this year to explore investment and trade opportunities, according to at…
JPMorgan to add bankers in Saudi Arabia to reflect market growth
JPMorgan will increase the number of bankers it has in Saudi Arabia to around 80 by the end of the…
GIB wins nod to become a local bank in Saudi Arabia
Bahrain-based Gulf International Bank has been issued the necessary licence to operate as a local bank in Saudi Arabia by…
FBME Bank's Tanzania License Terminated After Money Laundering Investigation
FBME Bank has been placed under further sanctions from international courts as part of a long list of problems caused…
Lulu Group MD named top Indian business owner in UAE
Retail mogul Yousuf Ali M.A, Managing Director of Lulu Group International, has been named as the top Indian business owner…