Ratings agency Moody’s Investors Service has outlined a stable outlook for Gulf Cooperation Council (GCC) banks, underpinned by solid economic growth and strong capital buffers and substantial...
Bahrain-based Bank ABC (Arab Banking Corporation) entered the digital space with it’s new mobile-only ‘ila Bank’. This is latest in series of the bank’s modernisation programme that...
(Bloomberg) — The European Union is planning a 3.5 billion-euro ($3.9 billion) fund that will invest in early stage technology in an effort to increase the...
Dubai’s largest lender Emirates NBD Bank raised an additional capital of AED 6.45 billion by issuing new shares with an over-subscription of approximately 2.8 times. The net proceeds...
Bahrain’s alternative asset manager Investcorp has acquired two industrial and logistics portfolios for approximately US $800 million. The portfolios, acquired by the firm’s US-based real estate arm, consist of 126...
(Bloomberg) –Egypt’s sovereign wealth fund is looking to more oil-rich Gulf countries to drum up foreign investment, as the Arab world’s most populous nation presses on...
Ahli Bank, the fastest growing Bank in the Sultanate of Oman has introduced a new dynamic loyalty programme called ‘Ahlirewards’ for its cardholders as part of...
(Bloomberg) –A few blocks from Grosvenor Square in Mayfair, 46 Park Lane resembles a private club with wood-paneled walls and an ornate fireplace dating back to...
On the 49th National Day of the Sultanate Ahli Bank will announce 49 Wafra winners, who will win a total sum of RO 49,000 On the...
(Bloomberg) –The owner of Turkey’s best-performing equity fund expects its merger with a larger rival will give the combined firm scope to boost assets under management...
