financial institutions
Burgan Bank Receives CBK Approval To Acquire Bahrains UGB
Middle East Business News - Published date: .
Purchase price of the transaction settled at $190 million; Acquisition expected to be completed in the first quarter of... Read more
HSBC Launches Global Private Banking In Kuwait
Middle East Business News - Published date: .
The launch marks expansion of the bank’s wealth management services in the Middle East Read more
Coronavirus, Low Oil Prices Set To Speed Up Gulf Bank Mergers
Middle East Business News - Published date: .
Moody's Investors Service says financial concerns in the region will play a larger role in encouraging deals Read more
The Man Seeking To Breathe New Life Into Lebanon's Manufacturing Sector
Middle East Business News - Published date: .
Alexandre Harkous aims to offer new platform to finance Lebanon's imports through his Cedar Oxygen initiative Read more
First Abu Dhabi Bank Joins Middle East Lenders In Raising Provisions
Middle East Business News - Published date: .
Banks in the Gulf region are raising provisions to offset an expected increase in sour loans due to the twin shock of pl... Read more
Standard Chartered Bank Appoints New Saudi CEO
Middle East Business News - Published date: .
Standard Chartered Bank was awarded the licence to setup a banking branch in Saudi Arabia in 2019 Read more
Mashreq Reports Drop In First-half Profit Amid 'tough Operating Environment'
Middle East Business News - Published date: .
Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more
UAE Bank Customers' Complaints To Be Dealt With Quickly Under New Guidelines
Middle East Business News - Published date: .
Consultation process launched for new Financial Consumer Protection Regulatory Framework Read more