Robust Saudi hotel industry pulls international investors
Saudi hospitality sector is attracting more investments and investors amid robust growth, and many of the international companies are targeting…
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Saudi Arabia: Foreign investors poised to pile in as $590bn market goes global
The Saudi Arabian stock market, like the country itself, has been used to operating under strict rules ordained by the…
Abu Dhabi SWF moves more investments in-house
The Abu Dhabi Investment Authority, one of the world’s top sovereign wealth funds with an estimated US$773 billion in assets,…
Saudi family sweetens bank offer after biggest Mideast default
Ahmad Hamad Algosaibi & Brothers Co. is offering to guarantee banks they will recover at least 40 percent more on…
Bankmed aiming to double its size: Hariri
A leading Lebanese banker said Tuesday that his bank is aiming to double its size over the next few years…
Societe Generale Securities Services signs cooperation agreement with Qatar National Bank Alahli in Egypt
Societe Generale Securities Services has signed a cooperation agreement with Qatar National Bank ALAHLI “QNB ALAHLI” to provide securities services…
ABC wins best bank award
Banker Middle East magazine awarded Arab Banking Corporation (ABC) the title of Best Bank in Bahrain during the magazine’s annual…
UAE banks brace for tough norms
The Central Bank of the UAE has laid out a roadmap to introduce tougher conditions for banks and financial institutions…
NBAD Forum: Strong appetite for investment in Egypt
NBAD, the safest bank in the Middle East and the Emerging Markets, hosted 200 clients and guests at the Forum…
Dubai-China economic ties stirring investment interest
Trade between China and Dubai reached 34.3 billion (US$5.5 billion) in the first nine months of 2014, a 27% increase…
Warba Bank acquires Auto Finance portfolio from Al Mulla International Finance Company KSCC
Warba Bank, a leading Kuwaiti Islamic Bank, today announced that it has signed a binding agreement with Al Mulla International…
Emirates NBD pushes for digital transition
Emirates NBD on Wednesday unveiled a number of digital banking solutions as part of its efforts to push the maximum…