Western banks begin withdrawal from Iraq amid crisis
The western banks are reportedly pulling out senior staff from Iraq, and are also tightening controls on clients’ funds in…
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Moody's affirms the MQ2 assessment of Jadwa Asset Management
Jadwa has recently experienced a number of organisational changes with the departures of its Chief Investment Officer (CIO) in March…
3 CPI Financial awards for Bank Sohar
Cementing its position as one of Oman’s most dynamic retail and corporate banking institutions, Bank Sohar has announced that…
Warba Bank successfully arranged a USD155m syndicated facility for a leading Oil Services Company
Warba Bank today announced that they successfully arranged a US$155 million syndicated financing facility for a UAE based leading Oil…
Tharawat Investment House integrates Shariyah review bureau to manage Shari'a supervisory board role
Tharawat, a Bahraini based Islamic Investment firm with prime focus on industrial, agricultural, and services sectors today announces the assigning…
$500,000,000 term loan facility for Arab Banking Corporation
Arab Banking Corporation announced that it has mandated HSBC, National Bank of Abu Dhabi PJSC, Natixis and Sumitomo Mitsui Banking…
Qatar’s first female investment bank boss appointed
Mira Hamad Abdullah Al Attiyah has been named as QNB Capital’s new CEO, the investment banking arm of Qatar National…
BMI Bank appoints new Board of Directors
BMI Bank, a subsidiary of Al Salam Bank – Bahrain, announced that its newly appointed Board of Directors had unanimously…
CBD arranges Dh200m for acquisition of Movenpick Hotel – Jumeirah Beach
Commercial Bank of Dubai, or CBD, announced that it has arranged a financing of Dh200 million on behalf of BMJBR…
Middle East infrastructure sector needs increasing private finance
Despite the wealth of many of the Middle East region’s governments, private finance is expected to play an increasingly important…
Saudi Hollandi Bank Q2 net profit jumps 28.1 pct on higher income
Saudi Hollandi Bank posted a 28.1 percent increase in second-quarter net profit on Sunday, boosted by higher operating income. …
Islamic banks drop ‘Islam’
Islamic banking is based on core principles of the religion. So it is striking that some banks are removing…