Cross-border Bank Consolidation Likely In GCC, Says Bahrain Bank CEO
National Bank of Bahrain CEO Jean Christophe Durand said that consolidation is natural when banks need further investmen... Read more
Bahrain Crypto Exchange Wins Shari'a Compliance Certificate
Rain announces graduation from the Central Bank of Bahrain's Regulatory Sandbox, in process of applying for licence Read more
Top Barclays Banker To Lead $1bn Gulf Infrastructure Venture
Bahrain-based Investcorp and Aberdeen Standard Investments announce the appointment of Sir Gerry Grimstone as JV chairma... Read more
Bahrain's $100m VC Fund Allocates $45m So Far
Al Waha Fund of Funds is aimed at boosting the start-up ecosystem and providing VC funds to support start-ups across the... Read more
Beijing Bank Said To Be In Talks To Back $20bn Saudi Fund
Sources say Everbright Bank Co is among parties in talks to contribute capital to a joint investment fund being set up b... Read more
Abu Dhabi Bank Appoints New CEO To Drive Growth
Abu Dhabi Islamic Bank has announced the appointment of Mazin Manna as its new Group CEO Read more
UAE Performance Weighs On Standard Chartered's MidEast Momentum
Banking giant says it saw good performance in Saudi Arabia but also highlights 'underperformance' in the UAE Read more
Shareholders Of UAE's Largest Bank Approve Record $2.2bn Dividends
First Abu Dhabi Bank's general assembly meeting also approves plan to increase foreign ownership limit to 40% Read more
UAE Funds Said To Be In Fray For Indian Investment Firm Deal
Investment Corporation of Dubai and Abu Dhabi Investment Authority linked with Reliance Nippon Life Asset Management Ltd... Read more
How Bahrain Is Taking The Lead In Regulating Middle East Crypto Assets
Bahrain's central bank announces that it has issued 'the final rules on a range of activities relevant to crypto assets' Read more
Saudi Investor Named As Mystery Buyer Of Evening Standard Stake
UK reports name Sultan Mohamed Abuljadayel as man behind deal for 30% stake in London newspaper group Read more
No More Bank Mergers Expected In Saudi Arabia, Says Central Bank Governor
Central Bank Governor Ahmed Al-Kholifey said that deflation is unlikely in Saudi Arabia due to consumer demand and real ... Read more
Bahrain Fintech Bay To Set Up Sister Platforms In The US, Singapore
Exclusive: Bahrain Fintech Bay CEO Khalid Saad said that Silicon Fintech Bay will open as soon as late March Read more
Cash Is Still King In Saudi Arabia, Despite Fintech Growth
Non-cash transactions accounted for less than a fifth in Saudi Arabia in 2016 - well shy of the ratio of 28% target for ... Read more
MENA Sovereign Borrowing To Surge 25% In 2019
Sovereign long-term commercial borrowing in the region fell 38% in 2018 Read more