Banking & Finance
Borrowings hit $498 billion by March end
Saudi, UAE banking sectors face contrasting liquidity dynamics
In May, Saudi's PIF purchased a 16.87% stake in KHC
Bank deposits increased by 0.9 percent to AED2.006 trillion
To a record-high of SAR 2.19 billion
The Public Investment Fund is betting on the future of the automotive and transportation
The bank announced preliminary unaudited financial results for H1 2022
The transaction follows successful advisory transactions in the GCC, Egypt
Deal aims to boost trade ties with promising global markets
Twitter hopes to start the case on September 19
Twitter said it was confident the company would win the case
The takeover deal is in "serious jeopardy"
A deal that ranks among the banking sector’s biggest this year
War and oil will be reflected in banks in both rich and poor countries
Agreement to increase international investor access to the UAE’s market
The Canal's revenues are expected to increase to $13.5 bn in 2023
Move marks first international acquisition realized by the Group
It Increased cash withdrawals from ATMs of other banks to 4,000 EGP
Funds will help strengthen Egypt’s resilience to food crises
It will aim to provide liquidity to financial institutions and credit markets
Alpha Dhabi is now Aldar's single largest shareholder
The banking industry showed a resurgence with an increase in profit of 40.15%
Grace period on $100 Interest payment has expired
