Banking & Finance

Mubadala, Alpha Dhabi form $2.5 billion private credit joint venture

Mubadala will hold 80% ownership in the AD Global Market-based entity

FAB explores a Standard Chartered takeover, doesn’t follow through

UAE bank's market capitalization is more than $51 billion

Cross-border payments across GCC get a major boost

AFAQ is another step closer to unifying banking across the region

PwC Middle East identifies top trends driving region’s banking ecosystem   

Conversations focused on the transformation taking place in financial services

UAE bank deposits record strongest growth since 2015: CBUAE

Central Bank: Loan-to-deposit ratio reached lowest level in 7 years

How to shape the Middle East deals market

Using laser-focused due diligence and real-time data analytics

Egypt concludes $14 bn worth of soft financing deals in 2022

For the state's development sectors and the private sector

Domestic liquidity rates in Bahrain rise to BD 15.1 bn

Positive outcomes were achieved at all levels of the financial sector

Developing countries’ external debts reach $9 trillion

Debts of Egypt, Lebanon, and Turkey saw significant increase in 2021

Elon Musk falls from top spot on Forbes’ billionaires list

He lost to Arnault whose fortune is now estimated at $171 bn

Middle East BaaS Revenues to reach $28 Billion by 2031

Arthur D. Little: Market to reach 4% of total banking income by 2026

UAE’s MAF raises $1.25 bn loan to promote ESG targets

Fist ABu Dhabi Bank coordinated the transaction as a sustainability agent

Is Saudi’s Crown Prince considering investing in Credit Suisse Unit?

The bank has not yet received a formal proposal from any Saudi entity

Fintech and digital banking: GCC countries reserve their seats

Digital banking has become a way of life for consumers

Dubai’s investment arm registers record revenues of AED 121.1 bn

Despite the global economic slowdown and uncertainty worldwide