Kuwaiti banks’ M&A activities to unlock growth opportunities: Fitch
The surge in mergers and acquisitions among Kuwaiti banks is reshaping the nation’s crowded financial sector, according to Fitch Ratings.…
Uncategorized
47651 articles found
AXA insurance firm completes divestment from Israel banks, arms manufacturers
Multinational insurance firm, AXA, has reportedly sold off all its investments in Israeli banks and arms manufacturers, following a persistent…
Edmond de Rothschild Middle East CEO exits
Edmond de Rothschild (EdR)’s Middle East and North Africa (Mena) CEO has left the bank, Citywire Middle East can reveal.…
MetLife Investment Management Names Jude Driscoll President
MetLife Investment Management has announced that it has named Jude Driscoll its president, effective Sept. 1. Previously serving as…
Citi inks referral agreement with Dubai's Network International
Network International operates in over 50 countries across the Middle East and Africa, last year processing more than $59 billion…
Top GCC banks income to stay ‘elevated’ after Q2 outperformance
Lending income of leading Gulf banks will stay ‘elevated’ after outperformance in the second quarter as higher-for-longer interest rates continue…
Top ten UAE banks exhibited improved asset quality, higher profits in Q2 2024
The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the…
FABMISR receives 3 ISO certifications
First Abu Dhabi Bank Misr has announced that it has obtained three International Organization for Standardization (ISO) certifications in the…
BKN301 Group responds to growing demand for secure payment solutions with new strategic vision
Boom in eCommerce and digital payments spur demand for secure and efficient payment solutions The MENA Fintech Market is expected…
Kuwaiti banking sector benefits from M&A increase
The recent increase in Kuwaiti bank mergers and acquisitions (M&A) is credit positive for the sector, particularly as the market…
First Abu Dhabi Bank P.J.S.C. Appoints Chris Jaques as Group Chief Risk Officer
First Abu Dhabi Bank P.J.S.C. appointed Chris Jaques as Group Chief Risk Officer on 5 August 2024. With more than…
Emirates NBD Name Singapore Wealth Head
Dubai-based Emirates NBD has named a new head of wealth management for Singapore. Emirates NBD has appointed Sameer Deshpande…