GCC Central Banks Cut Interest Rates After the U.S. Fed’s Move Central banks across the Gulf Cooperation Council (GCC) have reduced their…
ADCB Reports 29% Profit Rise in Q3 to $844 Million, Income Up 25% Abu Dhabi Commercial Bank (ADCB) earned a net profit…
Emirates NBD May Buy Majority Stake in India’s RBL Bank: Report Emirates NBD, a major bank from Dubai, is reportedly in advanced…
UAE’s Gold Reserves Rise 32% To Record $8.3 Billion In August The UAE’s gold reserves grew by 32% in the first eight…
Qatar’s QNB Gets Approval to Launch New Saudi Digital Bank Qatar National Bank (QNB) has received approval from the Saudi Central Bank…
Dubai Leads the World in Greenfield FDI with 643 Projects in H1 2025 Dubai ranked first worldwide in attracting greenfield foreign direct…
EFG Hermes Finalizes $32.2M Bond Deal for Bedaya Mortgage Finance EFG Hermes announced that its investment banking team has completed advisory work…
Egypt’s Central Bank Cuts Interest Rates as Inflation Slows and Economy Grows Egypt’s central bank has reduced key interest rates by 200…
Saudi Arabia’s Alinma Bank Plans Dollar Sustainable AT1 Issue Alinma Bank in Saudi Arabia plans to issue new dollar-denominated Sustainable Additional Tier…
For June, 2024