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Banking & Finance
Banking & Finance
UAE’s MAF raises $1.25 bn loan to promote ESG targets
Fist ABu Dhabi Bank coordinated the transaction as a sustainability agent
Banking & Finance
Is Saudi’s Crown Prince considering investing in Credit Suisse Unit?
The bank has not yet received a formal proposal from any Saudi entity
Banking & Finance
Fintech and digital banking: GCC countries reserve their seats
Digital banking has become a way of life for consumers
Banking & Finance
Dubai’s investment arm registers record revenues of AED 121.1 bn
Despite the global economic slowdown and uncertainty worldwide
Banking & Finance
UAE waives more than AED 500 mn in debt for 1,214 Emiratis
Ahead of the country’s 51st National Day
Banking & Finance
World Cup: Big business comes to Qatar at an eye-watering cost
FIFA, soccer, and fans are big winners
Banking & Finance
DIFC: Innovation, Fintech, driving MEASA growth and investment landscape
Dubai is consistently the highest-ranked financial centre in MEASA
Banking & Finance
Maghreb region has the potential to become a strong startup hub
2 out of 5 North African mega investments in 2022 went to Maghreb region
Banking & Finance
M&A deals among MENA insurers expected to pick up
Insurance companies are competing to remain relevant
Banking & Finance
Credit Suisse shareholders approve capital increase, NBK Saudi largest shareholder
Swiss bank sees deposit exits, expects $1.6 billion loss
Banking & Finance
FIFA’s revenue exceeded $7.5 bn over past 4 years
Increasing by $1 bn over the previous World Cup edition
Banking & Finance
Kuwait’s budget deficit falls to $9.7 bn in FY 2021/22
Oil revenues recorded about $52.7 bn
Banking & Finance
Turkish October budget posts 83.3 billion liras deficit
Budget widens for the second month in a row
Banking & Finance
MENA records M&A deals worth $55 bn in 9 months
Deals amounted to 524
Banking & Finance
UAE companies display varied Q3 financial gains
Shuaa Capital, GCICO were able to return to profitability
Banking & Finance
PIF-owned SALIC acquires stake for AED 209 mn in a rice company
By raising capital and purchasing shares from main owners
Banking & Finance
Dubai’s DEWA Q3 net profit up 10% to $863 mn
Company's 9-month profits are close to last year's full returns
Banking & Finance
Egypt reveals $16 bn funding gap
Expected to be reduced after reaching agreement with IMF
Banking & Finance
Kingdom Holding Company’s earnings jump 226% in Q3
6.7 billion riyals of the company's profits in 9 months
Banking & Finance
Qatar’s sovereign fund deposits $1 bn with Egypt’s Central Bank
Following discussions about acquiring stakes in Egyptian companies
Banking & Finance
UAE’s IHC 9-month profits surge 236 percent to $6.53 billion
On continued momentum in strategic direct and indirect acquisitions
Banking & Finance
Digitizing payments among top goals for companies in 2023
Organizations are rethinking conventional business processes, practices
Banking & Finance
GCC banks’ profits returning to pre-pandemic levels: S&P
Driven by robust economic activity, higher interest rates
Bahrain
POS transactions in Bahrain increase to $125.5 mn in 2021
Total value of such payments amounted to 3.2 billion dinars
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