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Banking & Finance
Banking & Finance
Alpha Dhabi Holding registers record results in 6 months
Profits amounted to AED 7.9 bn
Banking & Finance
Saudi’s Kingdom Holding invests $300 million in UK-based Phoenix
Within the strategy of investing in leading firms
Banking & Finance
UAE’s Borouge achieves big jump in profits, revenues in H1
Company registered revenue growth of 16.4%
Banking & Finance
Etihad Airways reports record profits in H1
As travel demand comes roaring back
Banking & Finance
UAE Central Bank imposes sanctions on 6 banks for compliance failure
For failing to comply with due diligence and reporting procedures
Banking & Finance
Kuwait Finance House’s quarterly profit surges to $223 mn
An increase of 31 percent
Banking & Finance
Saudi National Bank’s profit almost doubles in Q2
On higher operating income, lower expenses
Banking & Finance
Lebanon passes amendments to banking secrecy law
Parliament amended the original formula... Will the IMF concur?
Banking & Finance
Bank investments in the UAE increase in first quarter
Investments amounted to 472.7 billion dirhams
Banking & Finance
Fate of birth of 7th largest bank in the Gulf decided today
Assets totaling $115 billion
Banking & Finance
UK’s Barclays to buy a stake in a crypto firm
The financing is expected to be completed within days
Banking & Finance
Rashed Al Ansari: “Crypto exchanges not a direct threat to us”
Agility, digitization, leadership, passion are driving forces behind exchange
Banking & Finance
Saudi grocery chain to buy majority stake in France’s TF1
The deal is worth 192 million riyals
Banking & Finance
UAE leads demand for business, household borrowings
Borrowings hit $498 billion by March end
Banking & Finance
Oil prices, interest rates to boost banks’ profitability in Saudi, UAE
Saudi, UAE banking sectors face contrasting liquidity dynamics
Banking & Finance
Saudi’s Kingdom Holding invests $269 mn in a British company
In May, Saudi's PIF purchased a 16.87% stake in KHC
Banking & Finance
UAE: Central Bank reveals assets value in the banking sector
Bank deposits increased by 0.9 percent to AED2.006 trillion
Banking & Finance
Venture Capital investments in Saudi up 244% during H1 2022
To a record-high of SAR 2.19 billion
Banking & Finance
The PIF acquires about 17% of Aston Martin
The Public Investment Fund is betting on the future of the automotive and transportation
Banking & Finance
Bank Muscat’s profits during the first half of 2022
The bank announced preliminary unaudited financial results for H1 2022
Banking & Finance
EFG Hermes concludes advisory on Agthia’s acquisition of Auf Group
The transaction follows successful advisory transactions in the GCC, Egypt
Banking & Finance
UAE’s DP World concludes offer to buy Nigerian company
Deal aims to boost trade ties with promising global markets
Banking & Finance
Elon Musk ‘Lols’ at the ‘irony’ as Twitter takes him to court
Twitter hopes to start the case on September 19
Banking & Finance
Battle heats up between Twitter, Elon Musk
Twitter said it was confident the company would win the case
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