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Banking & Finance
Banking & Finance
S&P: Strong likelihood Lebanon won’t fulfil IMF commitment
Consolidation of exchange rates is complex due to weak economic conditions
Banking & Finance
Saudi expected to have a record year for M&As
GAC approves 88 percent of applications in Q1
Banking & Finance
ADQ acquires stakes in 5 Egyptian companies for $1.82 billion
Stake acquisition of the Commercial International Bank for $911.4 million
Banking & Finance
Egypt diversifying funding sources to deal with the economic crisis
Egypt, Saudi collaborate to invest in Saudi's fintech sector
Bahrain
Investcorp seeking cash to take stakes in blockchain startups
eLydian Lion will be run from Investcorp's Abu Dhabi office
Banking & Finance
S&P: Saudi banks will benefit from interest rate increases
For every increase of 100 basis points, Banks' net income to increase by 13%
Banking & Finance
SAMA adopts measures to protect clients from financial fraud
The monetary authority halted opening of online bank accounts
Banking & Finance
Abu Dhabi grants “Binance” preliminary approval to trade digital assets
Binance will provide its services in the Middle East and North Africa region
Banking & Finance
The IMF, Lebanon reach draft financing agreement
Lebanon to implement 8 reforms as pre-conditions to IMF Board approval
Banking & Finance
GMG” acquires 18 “Geant” stores in the UAE
Acquisition marks GMG’s first entry into food retailing
Banking & Finance
Top-level bank executives are leaving their high paying jobs- Here’s why
The digital economy has its appeal but there is more
Banking & Finance
The Fed to move faster on interest rates
Committee on Open Markets expected to agree to reduce balance sheet at May 3 meeting
Banking & Finance
DEWA’s subscription demands reached world records
The high demand underlines the strength of Dubai's economy
Banking & Finance
Al Moammar, Fransi Capital agree to launch a VC fund
$40 million to invest in Saudi technology startups
Bahrain
Citi agrees to sell consumer bank in Bahrain to Ahli United Bank
Citi Continues to Invest in Bahrain and Support Institutional Clients
Banking & Finance
“S&P”: Saudi and UAE banks are least affected by the Russian-Ukrainian conflict
"The quality of Qatari banks' assets will remain flexible"
Banking & Finance
Dubai attracts 57 percent of scale-up funding in MENA region
Scaleups raised $5.4 billion
Banking & Finance
EDB contributes 1.91 billion dirhams to UAE’s GDP
The strategy supports UAE’s industrial development, economic diversification
Banking & Finance
“DEWA” increases volume of shares allocated to individuals in IPO
AED 22.3 billion total expected
Banking & Finance
Egyptian startups attract $491 million in funding in 2021
Egypt tops African countries in VC transactions
Banking & Finance
Financial outlook for Oman improves with high oil prices
Finance Ministry to repay loans exceeding 2.85 bn riyals at end April
Banking & Finance
GEC2022 inks 51.8 billion riyals worth in agreements
Agreements aim to promote entrepreneurship in various fields
Banking & Finance
PIF-backed Dussur signs 4 joint ventures, global acquisition deal
Agreements reflect Dussur’s appetite to invest in Saudi industrial sector
Banking & Finance
Profitability of Gulf banks rise by 40% to $35 billion in 2021
$90 billion in revenues, the highest ever
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