NEWS
News
Bank Audi mulls acquiring NBG’s Egypt branches
Bank Audi is considering presenting a proposal to acquire the branches of the National Ban...
January 18th, 2019
FAB’s sukuk issue raises $850m
First Abu Dhabi Bank (FAB) on Wednesday announced that it has raised $850 million in sukuk...
January 17th, 2019
News
Emirates Islamic posts AED 924m profit in 2018
Emirates Islamic Bank (EIB) on Wednesday posted a 32% year-on-year increase in its net pro...
January 17th, 2019
GFH acquires Westside Office Business in UK
GFH Financial Group on Wednesday announced that it has acquired Westside Office Business P...
January 17th, 2019
News
Ahlibank posts QR665.6mn net profit in 2018
Ahlibank has posted a net profit of QR665.6mn in 2018, up 4% on the previous year. In 2017...
January 17th, 2019
Oula Fuel Marketing secures KWD 9.5m facility
Oula Fuel Marketing has signed a KWD 9.5 million facility agreement with Warba Bank. The...
January 17th, 2019
News
Samba Financial Group generates SAR 5.5bn profit in 2018
Saudi Arabia’s Samba Financial Group on Wednesday reported a 10.1% year-on-year profit ris...
January 17th, 2019
Egypt closes $1.2bn deal with China’s EximBank for electric train
Egypt’s National Authority for Tunnels (NAT) has signed a $1.2 billion agreement with Chin...
January 17th, 2019
ANALYSIS
Analysis
UAE firms’ disclosures of Abraaj exposure to boost investor confidence - Analysts
Analysts have praised the UAE’s Securities and Commodities Authority (SCA) announcement th...
June 25th, 2018
Analysis
Ramadan prices, Trump decisions to set CBE’s interest rates Thursday - Analysis
The recent geopolitical tension between the US and Iran has impacted the Central Bank of E...
May 17th, 2018
Analysis
UAE banks record positive results despite challenges - Analysis
Ten UAE banks recently disclosed their results for the fourth quarter of 2017 and the full...
February 1st, 2018
Analysis
AUB Kuwait may post slight rise in FY17 profits – Analyst
Ahli United Bank – Kuwait (AUB Kuwait) is expected to achieve KWD 42 million profits in th...
January 15th, 2018
REPORTS
United Arab Emirates: Banking, Finance & Insurance November 2018
The UAE’s banking sector is expected to see a steady improvement in asset growth and pro tability in 2018 and 2019 thanks to improving economic fundamentals and a decline in…
FDI
MENA FDI July 2017
Even by the tumultuous standards of the Middle East and North Africa (MENA) region, the past few years have been remarkably violent and destructive. The Syrian and Libyan economies have…