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Banking & Finance
Bahrain
Citi agrees to sell consumer bank in Bahrain to Ahli United Bank
Citi Continues to Invest in Bahrain and Support Institutional Clients
Banking & Finance
“S&P”: Saudi and UAE banks are least affected by the Russian-Ukrainian conflict
"The quality of Qatari banks' assets will remain flexible"
Banking & Finance
Dubai attracts 57 percent of scale-up funding in MENA region
Scaleups raised $5.4 billion
Banking & Finance
EDB contributes 1.91 billion dirhams to UAE’s GDP
The strategy supports UAE’s industrial development, economic diversification
Banking & Finance
“DEWA” increases volume of shares allocated to individuals in IPO
AED 22.3 billion total expected
Banking & Finance
Egyptian startups attract $491 million in funding in 2021
Egypt tops African countries in VC transactions
Banking & Finance
Financial outlook for Oman improves with high oil prices
Finance Ministry to repay loans exceeding 2.85 bn riyals at end April
Banking & Finance
GEC2022 inks 51.8 billion riyals worth in agreements
Agreements aim to promote entrepreneurship in various fields
Banking & Finance
PIF-backed Dussur signs 4 joint ventures, global acquisition deal
Agreements reflect Dussur’s appetite to invest in Saudi industrial sector
Banking & Finance
Profitability of Gulf banks rise by 40% to $35 billion in 2021
$90 billion in revenues, the highest ever
Banking & Finance
Saudi Central Bank licenses 3 new fintech companies
SAMA reaffirmed commitment to support finance and payments sectors
Banking & Finance
Kuwait’s Agility to buy Scottish John Menzies
Shareholders to receive 608 pence in cash per share
Banking & Finance
Saudi deposits $5 billion in Egypt’s Central Bank
Egypt announced it had requested assistance from the IMF
Banking & Finance
Saudi GEC: Over 6 billion riyals in third day agreements
Several programs were signed, initiatives launched and agreements
Banking & Finance
Dubai’s WGS draws a roadmap for the future
Al Gergawi: The summit seeks to highlight opportunities, reveal future challenges
Banking & Finance
SAR 28.9 billion in day 2 agreements and launches at Saudi GEC
The conference continued under the slogan "We Reinvent, We Renew"
Banking & Finance
Entrepreneurship conference in Riyadh: Agreements worth 16 billion riyals
Saudi Ministry of Investment grants 4 licenses to start-ups, one VC fund
Banking & Finance
Why did the UAE license crowdfunding activity?
SMEs represent 94% of the total number of companies
Banking & Finance
Alpha Abu Dhabi and Multiplay announce investment in DEWA’s IPO
Final price of "DEWA" on April 6 and start of trade April 12
Banking & Finance
DEWA seeks 8 billion dirhams from largest IPO in Dubai in 15 years
Price range between 2.25 and 2.48 dirhams per share
Banking & Finance
Egypt seeks IMF support
The IMF praised "authorities' recent actions to expand targeted social protection
Banking & Finance
ADQ, Turkey Wealth Fund to support Turkish startups
Fund will invest in companies developing new tech or improving existing ones
Banking & Finance
Is devaluing the Egyptian pound a prelude to new IMF deal?
Egypt’s Central Bank Governor: Maintain FX liquidity, investor confidence
Banking & Finance
Shuaa acquires majority stake in financial technology company “Souq Al Mal”
Souq Al Mal to implement ambitious growth plan over 2 years
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