Banking & Finance

Is Credit Suisse too big to be saved?

A bailout from the Swiss National Bank and financial regulator is the most likely

Saudi’s PIF invests SAR5 bn in 4 national contracting companies

Fund inked 4 agreements with local entities to develop the private sector

ADGM slaps $39,000 fine on Amicorp

For false documents, deletion of key evidence

Burger Index raises $1.3 mn seed funding to expand into GCC

The round was led by venture capital firm Flat6Labs

UAE banks report $49.8 bn profit in 2022

Aggregate net income increased by 31.7% YoY

Biden reassures Americans: Your deposits are there when you need them

Silicon Valley and Signature shareholders will lose everything."

Biban 2023 witnesses inking of $2.66 billion worth of deals

Agreements aim to support small and medium enterprises

EFG Hermes discusses investor sentiment for frontier, emerging markets

During the 17th Annual EFG Hermes One-on-One Conference opening session

EFG Hermes inaugurates 17th One-on-One Conference in Dubai

Offering insights into key trends impacting today's frontier, emerging markets

ADNOC Gas IPO touches $2.5 billion mark

Became the largest listing ever on the Abu Dhabi Securities Exchange

UAE banks held AED528 bn in total investments in 2022

This represents increase of over AED54 bn compared to 2021