Arab Monetary Fund lends $58 million to Jordan
The Arab Monetary Fund (AMF) has provided the Hashemite Kingdom of Jordan a new loan of $58 million. The…
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Oman Arab Bank to deploy NCR Aptra
NCR Corporation has announced that Oman Arab Bank has selected NCR APTRA Activate software to deliver next generation omni-channel banking…
Saudi issues first sovereign bonds since 2007
Saudi Arabia has issued its first sovereign bonds since 2007 to cover a budget deficit created by low oil prices,…
UAE increases Investments in Egypt sixfold in Q1 – CBE
The United Arab Emirates has boosted its investments in the Egyptian market six times in the first quarter of 2015,…
Fitch assigns International Bank of Qatar Q.S.C. 'A+' IDR; outlook stable
Fitch Ratings has assigned Qatar-based International Bank of Qatar Q.S.C. (IBQ) a Long-term Issuer Default Rating (IDR) of 'A+' with…
Riyad Bank Q2 net profit dips, misses forecast
Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 0.7 per cent decline in its second-quarter net profit on…
Over 43 banks in MENA region choose Chestertons for property valuations
Chestertons, an international property agency established in 1805, stated that determining property valuations should be more vigorous. Chestertons is…
Alinma Bank Q2 net profit rises 18.5pc
Saudi Arabia's Alinma Bank reported a 18.5 per cent rise in second-quarter net profit on Thursday,beating analysts' forecasts. The…
Bank of Tokyo-Mitsubishi UFJ Dubai Branch obtains Islamic Finance license
This approval has enabled its Dubai Branch to offer both conventional and Islamic financial services to customers. This is…
Former Saudi foreign minister Saud al-Faisal dies
Former Saudi Foreign Minister Prince Saud al-Faisal died on Thursday, Saudi Arabian sources and media close to the kingdom's ruling…
The world’s super-rich are seeking second citizenship in these eight countries
The world’s wealthy and super-rich are increasingly on the hunt for second passports as they seek to protect their wealth,…
Quilter Cheviot targets Middle East with Dubai office
Jersey-based Tim Childe, who heads Quilter Cheviot’s international operations, told International Adviser it has already started building on its international…