J. P. Morgan Private Bank Expands EMEA team
J.P. Morgan Private Bank has expanded its award-winning advisor team by appointing Andrés Cassinello Herrera as senior Concentrated Positions Specialist…
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New €500 million facility to green Turkey’s financial system
The EBRD has agreed a first transaction under a new financing facility that will benefit thousands of businesses and homeowners…
Moody's upgrades Qatar banks outlook to 'stable' on receding Covid-19 challenges
Global credit rating agency Moody's has upgraded its outlook on the Qatar’s banking sector to "stable" from "negative" as the…
Saudi Arabia to launch first national strategy for intellectual property rights
Saudi Arabia is soon planning to launch its first national strategy for protecting intellectual property, a top government official said.…
QIC Group reports robust net profit of QR230mn in first quarter
Qatar Insurance Company registered a “robust” net profit of QR230mn in the first quarter of 2022, QIC announced last night.…
Banking system outlook upgraded in Bahrain
Bahrain banks’ profitability will return to pre-pandemic levels over the next 12 to 18 months, forecasts Moody’s Investors Service, noting…
Dubai Islamic Bank 1st Quarter 2022 group financial results
Robust balance sheet growth of 3% YTD reach AED 287 billion. Total income of over AED 3 billion, up 6%…
Credit Suisse Group announces changes to its Executive Board
Credit Suisse Group have announced a series of appointments to its Executive Board and management changes as follows: Chief…
Arab Monetary Fund grants $623mln loans in 2021
The Arab Monetary Fund (AMF) has granted $623mln in loans in 2021 to support balance of payments and reform programs…
Abu Dhabi’s ADIB provides $136mn Sharia’a-compliant financing for Jubail Island construction
The Abu Dhabi Islamic Bank which is one of the UAE’s leading financial institutions, has signed a $136.12 million (AED…
Abu Dhabi Commercial Bank's quarterly net profit up 32%
Abu Dhabi Commercial Bank (ADCB), the third-largest lender in the United Arab Emirates, on Monday reported a 32% increase in…
Huriya Private: Realise financial freedom with its advisory services
Over the past few turbulent years, many have turned to wealth management firms in order to bolster their finances and…