Uncategorized Archives - Page 659 of 3971 - Managers of Wealth Middle East

Citi launches Murabaha trade and working capital financing solution for corporate clients

September 28, 2022

Citi has announced the launch of its Murabaha Trade and Working Capital Financing solution for corporate clients in Europe, Middle…

Executive Moves

Bana Akkad-Azhari Appointed Head of BNY Mellon Treasury Services, EMEA

September 28, 2022

BNY Mellon has announced that Bana Akkad-Azhari has been promoted to Head of Treasury Services Europe, Middle East and Africa,…

Financial Results

Final results of Kuwait Financial House K.S.C.P. acquisition of Bahrain-based Ahli United Bank in USD 10.9bln deal

September 27, 2022

SICO acted as Bahrain receiving agent, Bahrain execution advisor, and cross-listing advisor on the deal The final results of the…

Hedge Funds & Alternative Investments

Dubai developer Nakheel nears $4.6bn debt restructuring to fund expansion

September 27, 2022

Dubai developer Nakheel is nearing a debt restructuring deal worth $4.6bn, as the group behind landmarks such as Palm Jumeirah…

Awards and Recognition

Dukhan Bank named ‘Best Consumer Digital Bank in Qatar’

September 27, 2022

Global Finance magazine has crowned Dukhan Bank as the “Best Consumer Digital Bank in Qatar” at round one of its…

Awards and Recognition

QIB receives STP Excellence Award from Citibank

September 27, 2022

Qatar Islamic Bank announced receiving the Straight Through Processing Excellence Award 2021 from Citibank, which annually recognizes its best-in-class partner…

Comment & Analysis

Bahrain’s GDP grows 6.9%

September 27, 2022

Bahrain’s economy recorded its highest growth since 2011 in the second quarter this year, shows the latest government data. …

Executive Moves

HSBC Saudi Arabia appoints new CEO

September 27, 2022

The Board of Directors of HSBC Saudi Arabia has appointed Faris AlGhannam as the bank’s new Chief Executive Officer as…

Comment & Analysis

UAE’s major banks’ net profit rises in H1 on higher interest income: Moody’s

September 27, 2022

Net profits of the UAE’s four largest banks surged in the first half of 2022 on the back of higher…

Hedge Funds & Alternative Investments

A European retreat opens the door to Middle East banks in Africa

September 27, 2022

The financial and commercial ties that bind the Middle East and Africa may never have been stronger than they are…

Uncategorized

Julius Baer is bullish on the Middle East as region outperforms global business

September 26, 2022

Julius Baer, one of the oldest Swiss private banks, expects its Middle East business to strengthen as it prepares to…

FinTech

UAE’s remittance fintechs need to track what is happening at 'salary level': LuLu Exchange’s MD

September 26, 2022

Fintech companies focussed on remittance services will need to know ‘what happens at the salary level’, according to LuLu Exchange’s…

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