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Banking & Finance
Banking & Finance
Qatar Airways announces record profit in its history
Net profit reported is valued at $1.54 billion
Banking & Finance
Sheila Alrowaily’s first interview after SAMA’s appointment
"The Kingdom's leadership has promoted Saudi women to many positions"
Banking & Finance
Veteran female bankers launch International Council for Women in Finance
El-Hilaly to Economy Middle Al Raha: “Simple and Versatile Platform”
Banking & Finance
Mega investors opt for Dubai lured by favorable financial future
Inflation, geopolitical tensions impacted HNWI's spending patterns
Banking & Finance
Kuwaiti “Gulf Bank” starts preparation for the acquisition of “Al-Ahly”
The two banks' shares rose following 1-hr trade suspension
Banking & Finance
Don’t blink: UAE going 24/7/365 with an instant payment platform (IPP)
No excuses: Only real-time savings in the millions
Banking & Finance
Kuwait’s Al Ahli, Gulf banks explore merger deal
Potential to convert into one Sharia-compliant financial institution
Banking & Finance
S&P: Turkish banks’ external loans subject them to danger
S&P does not expect any liquidity issues with Turkish banks
Banking & Finance
“First Abu Dhabi” announces completion of legal merger of Audi- Egypt assets
Full integration of the bank's operations and systems in Q4 2022
Banking & Finance
Beltone takeover bid: UAE’s Chimera offers acquisition above WM Consulting price
Chimera's offer is about 10% higher than its Egyptian competitor’s
Banking & Finance
Areeba: We do not have a monopoly on the electronic payment sector in Lebanon
Banking & Finance
Sheila Alrowaily, the first woman to serve on SAMA’s board of directors
Increasing share of women in work in MENA could increase the GDP to $2 tn
Banking & Finance
The ECB confirms plans to raise interest rates in July
Lagarde: Inflation risks high
Banking & Finance
Subsidiary to Saudi PIF buys a $1bn chunk of Embracer gaming group
The games and esports company will hold 8% of the shares
Banking & Finance
MENA startups raised $176 million in May: Report
This is the lowest amount so far in 2022
Banking & Finance
Meeza cards to be soon available for Egyptians in UAE, Jordan
As part of a cooperation agreement between the three nations' central banks
Banking & Finance
Profits at top Saudi Arabian banks jump by 17.6% in Q1 2022
Growth attributed to several factors, including a buoyant energy market
Banking & Finance
Saudi shows foreign investor appetite and soaring IPOs in Q1 report
Foreign investors rose to historical levels in Q1, with 9,383 new licenses
Banking & Finance
Saudi’s PIF acquires 24% stake in Capital Bank for SAR 695 mln
Total shareholders’ equity raises to SAR 3.2 billion
Banking & Finance
S&P: Global Islamic finance to continue expansion in 2022-2023
Continued mortgage demand in Saudi supports the industry
Banking & Finance
Agility’s cash offer backed by UK-based John Menzies
The deal is expected to close in Q3 2022
Banking & Finance
Oman launches additional support package for SMEs, entrepreneurs
In an attempt to mitigate the effects of the Covid-19 pandemic
Banking & Finance
Kuwait’s Central Bank issues $1.2bn worth of bonds, tawarruq
The maturity period will be 6 months, with a rate of return standing at 2%
Banking & Finance
UAE: 90% of clients don’t relish the bank account opening process
82% of bank customers don’t favor having to physically hand over documents
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