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Banking & Finance
Bahrain
Bahrain increases private sector bank lending to 6.43%
The money supply increased in March by 4.22 percent
Banking & Finance
Musk lists Prince Alwaleed Bin Talal, others, as investors to finance Twitter deal
Musk secures over $7 billion
Banking & Finance
Lebanon probe receives account data on CB governor’s brother
Alleged embezzlement of at least $330 million in public funds
Banking & Finance
Saudi is betting big on a digital future
Banking & Finance
Fed’s decision pushes 5 Gulf countries to raise interest rates
Another ¾ of a percentage point increase expected at June meeting
Banking & Finance
Elon Musk jokes about next buying Coca-Cola, McDonald’s
Or is he?
Banking & Finance
Fitch Revises Outlook on PIF to Positive; Affirms at ‘A’
The fund's total assets at end-2020 were 47.1% of national GDP
Banking & Finance
ADNOC acquires Mubadala’s stake in Borealis
Upon completion of the transaction, Borealis will be 25% by ADNOC
Banking & Finance
Microsoft’s quarterly revenue growth rises to $17 billion
Earnings were driven by demand for cloud-computing services.
Banking & Finance
Abu Dhabi Bank’s profits hit record levels with sale of stake in “Magnati”
The merger with "Awda Misr" scheduled in next few months
Banking & Finance
The shareholders of “Takaful” and “National” agree to merge
The $70.7 million company will be the largest provider by market share
Banking & Finance
Fintech and banking: Finastra BaaS solutions for a global world
Fintech, developers can drive market opportunities on FusionFabric.cloud
Banking & Finance
A remarkable rise in net profits of Saudi banks in Q1
Saudi “Al-Rajhi” and “Al-Ahly” achieve net profits exceeding $1 billion
Banking & Finance
GCC banking system outlooks stable as oil prices help economies rebound
An expected upturn for the Gulf economies due to the rise in oil prices
Banking & Finance
Expo 2020 Dubai awards $1.8 billion in contracts to SMEs
These companies accounted for more than a quarter of all contracts by value
Banking & Finance
Fitch adjusts its outlook for Aramco to “positive”
“The company will maintain flexibility and continue to generate strong profits”
Banking & Finance
Musk buys Twitter at a 38% premium
Twitter has over 217 million daily users
Banking & Finance
Saudi’s new law may increase international business by 50%
Law ensures equal treatment for both Saudi, foreign investments
Banking & Finance
Saudi, UAE creating an investment future for the region
Saudi, UAE easing business conditions
Banking & Finance
Emirates NBD achieves a jump in net profits as the economy recovers
Played a leading role in the IPO of Dubai Electricity and Water Authority
Bahrain
AC Milan could soon have new Arab owners at the helm
Bahrain confirms firm's talks to buy Italian football giant for $1.1 billion
Banking & Finance
Saudi aims to increase SME’s non-oil exports
The new program to support SMEs through providing trade finance facilities
Banking & Finance
Kiosks: Smart digital corners that aggregate just about anything
Services are delivered promptly 24/7, replacing long waiting hours
Banking & Finance
How will the Kuwaiti banking sector perform in 2022?
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
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