Saudi Arabia keen to expand China energy investments
Saudi Arabia wants to expand its investments in China’s energy industry, its Energy Minister Khalid al-Falih said late on Friday,…
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Commercial Bank of Dubai closes $450 million loan
Commercial Bank of Dubai has closed a $450 million loan that will be used for general business purposes, the lender…
Samba Financial Group closes London branch
Notification of this resolution has been made to both the UK Prudential Regulation Authority and the UK Financial Conduct Authority…
Abu Dhabi Banks’ Boards Approve Merger to Form Banking Giant
Two of Abu Dhabi’s top lenders on Sunday said their boards have agreed on a merger plan that will create…
Middle East’s preference for offshore wealth managers on the rise
Millionaires from the Middle East and Africa region increasingly prefer to manage their wealth in the offshore centres according to…
Commercial Bank announces Executive Leadership Changes
The Board of Directors of The Commercial Bank, a leading regional banking group based in Qatar, today announced the appointment…
Menacorp secures top position on Dubai Financial Market for first half of 2016
Menacorp Financial Services, the UAE's leading financial services firm, has been ranked the number one brokerage firm in the UAE…
Egypt repays last Qatar debts amid tensions
Egypt has paid $1 billion (Dh3.67 billion) to Qatar, marking the last tranche of debts to the Gulf nation, an…
Bank of Khartoum International live on Path Solutions’ iMAL core system
Bank of Khartoum has opened its first international branch, underpinned by Path Solutions’ iMAL core banking system. The branch is…
Oman sells $500m six-year sukuk
Oman's government has sold a $500 million six-year sukuk in a private placement, a document from the lead manager showed…
HSBC Bank Middle East Limited Completes Transfer To The Dubai International Financial
HSBC Bank Middle East Limited confirms it has transferred its place of incorporation and head office from Jersey to the…
HSBC Bank Middle East completes transfer to the DIFC
HSBC Bank Middle East Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc said on Thursday that it has transferred…