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Banking & Finance
Banking & Finance
Why is Twitter considering a legal battle with Musk?
The takeover deal is in "serious jeopardy"
Banking & Finance
Kuwait Finance House raises offer to acquire Bahrain’s Ahli Bank
A deal that ranks among the banking sector’s biggest this year
Banking & Finance
Fattouh: Arab banks must raise their flexibility to absorb challenges
War and oil will be reflected in banks in both rich and poor countries
Banking & Finance
UAE teams up with global bank to accelerate capital market growth
Agreement to increase international investor access to the UAE’s market
Banking & Finance
Suez Canal posts highest ever annual revenue in 2022/21
The Canal's revenues are expected to increase to $13.5 bn in 2023
Banking & Finance
AD Ports to acquire $140 mn stake in two Egypt-based companies
Move marks first international acquisition realized by the Group
Banking & Finance
What are the new measures established by Egypt’s Central Bank?
It Increased cash withdrawals from ATMs of other banks to 4,000 EGP
Banking & Finance
World Bank approves $500 mn development financing for Egypt
Funds will help strengthen Egypt’s resilience to food crises
Banking & Finance
Qatar pledges $100 mn to establish platform to recover distressed assets
It will aim to provide liquidity to financial institutions and credit markets
Banking & Finance
Alpha Dhabi becomes parent company of Aldar Properties
Alpha Dhabi is now Aldar's single largest shareholder
Banking & Finance
Saudi banking sector Q1 net profit increases 22.83%: KPMG
The banking industry showed a resurgence with an increase in profit of 40.15%
Banking & Finance
Russia defaults on foreign debt for first time in a century
Grace period on $100 Interest payment has expired
Banking & Finance
Heavy demand for UAE bonds despite recession fears
Bonds five times oversubscribed
Banking & Finance
S&P: Gulf banking systems are resilient in the face of geopolitical pressures
GCC banks have remained stable and safe over the past 30 years
Banking & Finance
Turkish parliament approves Istanbul Financial Center law
Project expected to generate more than 120,000 job opportunities
Banking & Finance
UAE launches two-tranche dollar-denominated bonds
Bonds comprises a 10-year tranche and 30-year Formosa portion
Banking & Finance
Hybrid-cloud infrastructure is essential for large-scale banks – Here’s why
Banks 300 times more likely than any other industry to be cyber targeted
Banking & Finance
What did Twitter board decide about Musk’s buyout deal?
Musk appeared virtually yesterday at Qatar Economic Forum
Banking & Finance
Kuwait’s Al Ahli approves acquisition of Gulf Bank
Meeting approved start of due diligence work on JV deal
Banking & Finance
Will Musk be the first Trillionaire? No, a raccoon will
Nook's assets are valued at 245 trillion pounds
Banking & Finance
Saudi’s Ministry of Human Resources registers SAR34.7 bn in revenues
Revenue from expatriate fees amounted to 6.86 billion riyals
Banking & Finance
UAE Ministry of Finance announces second auction of federal treasury bonds
The auction is part of the AED 9 billion T-Bonds issuance program for 2022
Banking & Finance
Oman’s Sohar Bank intends to merge with HSBC Oman
SAOG to offer HBMO shareholders cash and shares
Banking & Finance
Migrants still sending billions home despite pandemic hurdles
Money transfers amounted to about $605 billion in 2021
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