EBRD provides US$ 127 million loan to Turkey’s Isbank
US$ 127 million financing to Isbank for on-lending to local businesses Facilitating green investments and supporting women-led SMEs Additional risk-sharing,…
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Gulf firms' earnings reach a new record level in Q2, 2022: Kamco Invest
Earnings reported by the Gulf Co-operation Council listed companies reached a new record level during the second quarter (Q2) of…
Realty, banking blue chips continue to drive UAE markets
The UAE financial markets posted gains of around AED4.1 billion in market cap fueled by continued upbeat sentiments at the…
HSBC Bahrain switches to recycled plastic payment cards
The transition will reduce global CO2 emissions by 161 tonnes a year, and save 73 tonnes of plastic per year…
UAE central bank launches digital portal amid effort to be ‘among top central banks globally’
The Central Bank of the UAE (CBUAE) has announced the launch of a new corporate website with various interactive digital…
Real estate fintech platform Stake raises $8m in pre-series A funding ahead of KSA debut
Stake, a Dubai-based digital real estate fintech platform, has raised $8 million in an oversubscribed pre-series A funding round, as…
Qatar Central Bank issues first license to provide digital payment service
Qatar Central Bank issued the first license in the country for Ooredoo Money and iPay by Vodafone Qatar, to practice…
Barwa Village expands to accommodate 2022 World Cup fans, tenants and retail outlets’ needs
To meet the increasing demand for residential units and commercial and administrative spaces for Barwa Village, Barwa Real Estate Group…
Saudi Central Bank assets climb to $533bn in July amid continued economic recovery
Total assets held by the Saudi Central Bank, better known as Sama, jumped more than 8 per cent in July…
Invest Bank signs and supports the UN women’s empowerment principles
Invest Bank has announced that it has signed the Women’s Empowerment Principles, a set of Principles offering guidance to business…
Arab countries’ deposits at Central Bank of Egypt hit $13bln end-March
Deposits of Arab countries at the Central Bank of Egypt (CBE) reached $13 billion at the end of March 2022,…
NBB partners with institutes for summer training programme
The National Bank of Bahrain has partnered with a number of the kingdom’s top training institutes to receive support for…