Lebanon judge lifts travel ban on 2 bankers
A Lebanese judge on Tuesday lifted travel bans imposed last month on two senior Lebanese bankers as part of an…
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Oliver Wyman buys Booz Allen’s MENA management consulting business
Oliver Wyman has closed a major deal in the Middle East and North Africa, acquiring the management consulting business of…
UAE’s investment banks back in action as IPOs and M&A deals await bumper year
The UAE’s investment banking scene is again becoming active with deal flows - and the prospect of fat bonuses making…
Ahlibank awarded ‘Top Omani Brand in Banking’ by Alam al-Iktisaad
Ahlibank won the coveted ‘Top Omani Brand in Banking’ Award at the ‘Top Omani Brands’ felicitation ceremony, organised by Alam…
Bank Nizwa signs agreement with Ministry of Labour to support ‘Sahim’ program
Demonstrating cohesion with Ministry of Labour’s ongoing efforts to facilitate job seekers and fresh graduates with temporary work permits under…
Fitch ratings publishes Turkish banks datawatch: 4Q21
Fitch Ratings’ 4Q21 Turkish Banks Datawatch report covers 13 banks that comprise 81% of total Turkish banking sector assets. It…
KHCB introduces Apple Pay through the Khaleeji Mobile App
Stemming from its tireless efforts to continue providing an exceptional banking experience to its clients, and as part of its…
DAE Ltd closes US$ 1bln Senior Unsecured Revolving Credit Facility
Dubai Aerospace Enterprise Ltd. (“DAE”) successfully signed a US$ 1,000,000,000 Senior Unsecured Revolving Credit Facility (the “Facility”). Al Ahli Bank…
GFH appoints Ghazi Al Hajeri as Chairman
GFH Financial Group has announced that Mr. Ghazi Al Hajeri has been appointed as Chairman of the Group effective 04/April/2022.…
HSBC launches metaverse opportunities fund for its private banking clients
HSBC, a British multinational investment bank, has launched a fund for metaverse opportunities for its private banking clients in Hong…
Call to end unregulated UAE advisers as latest worst reputations rankings unveiled
One in every four UAE residents consider recruitment companies to have the worst reputation among those companies typically under fire,…
FDI inflows into UAE jump 3.9% to reach Dh76 billion in 2021
Foreign direct investment inflows into the UAE reached nearly Dh76 billion (USD 20.7 billion) in 2021, a 3.9 per cent…