All News Under "Banking" RSS ATOM
Abu Dhabi Launches AED 535 Million Venture Capital, Start-up Fund
Banking - Published date: .
The Abu Dhabi Investment Office (ADIO) has launched the AED535 million Ghadan Ventures Fund to grow Abu Dhabi’s vent... Read more
TAQA Plans To Acquire Two North American Oilfield Services Companies
Banking - Published date: .
Saudi Arabia’s Industrialisation and Energy Services Company (TAQA) plans to acquire two companies in the North Ameri... Read more
Abraajs Naqvi Fails To Pay $20 Million Bail, Remains In Jail
Banking - Published date: .
(Bloomberg) --Arif Naqvi, the Abraaj Group founder caught up in a US fraud probe, is still being held in UK jail days a... Read more
EIBFS, Al Etihad Credit Bureau Partner To Boost Financial Literacy In UAE
Banking - Published date: .
The Emirates Institute for Banking and Financial Studies (EIBFS) has signed an MoU with Al Etihad Credit Bureau (AECB) ... Read more
Saudi Telecom Issues $1.25 Billion Debut Sukuk
Banking - Published date: .
Saudi Telecom Company has issued $1.25 billion in international Sukuk. HSBC, JPMorgan, Standard Chartered as well as ... Read more
BlackRock And HSBC Launch Saudi Investment Funds
Banking - Published date: .
BlackRock and HSBC Global Asset Management have each launched exchange-traded funds in the past month that will track t... Read more
SWIFT Launches Integrated Payments Toolkit
Banking - Published date: .
SWIFT has launched an in-flight payment investigation and resolution service that is available in the cloud, in a signi... Read more
Noor Bank And Mastercard Launch SMEs Debit Card
Banking - Published date: .
Noor Bank has launched an SME World debit card in collaboration with Mastercard. Mufazzal Kajiji, the Head of Retail Ba... Read more
Abraaj Investor Hamilton Lane Among Several Warned About Fund
Banking - Published date: .
(Bloomberg) --Five months before the events that led to the collapse of Abraaj Group, the biggest in private equity his... Read more
A+ Ratings Affirmed For ADCB Following Merger With UNB And Al Hilal Bank
Banking - Published date: .
Fitch Ratings has affirmed its A+ long-term issuer default rating (IDR) on ADCB Group with a stable outlook, following ... Read more
Hyflux In Talks With UAEs Utico For SGD 400 Million Funds
Banking - Published date: .
(Bloomberg) --Singapore’s Hyflux, the water and power company battling for survival, said that it is in talks with UA... Read more
FAB Inaugurates First Branch In Saudi Arabia
Banking - Published date: .
First Abu Dhabi Bank (FAB) has inaugurated its first Saudi Arabia branch in Riyadh. HH Sheikh Tahnoun bin Zayed Al Nahy... Read more
UAEs SCA Forms Forensic Audit Committee On Drake And Scull
Banking - Published date: .
The UAE’s Securities and Commodities Authority (SCA) has formed a forensic audit committee to investigate Drake and ... Read more
SoftBank Mulls IPO For $100 Billion Saudi-backed Vision Fund
Banking - Published date: .
(Bloomberg) --Executives at SoftBank Group are weighing the idea of an initial public offering (IPO) for its Vision Fun... Read more
Former Abraaj CEO Granted $20 Million Bail By London Court
Banking - Published date: .
(Bloomberg) --Arif Naqvi, the founder of buyout fund Abraaj Group, was granted conditional bail of GBP 15 million ($20 ... Read more