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Alkhabeer REIT Secures SAR 420 Million From Al-Rajhi Bank

Banking - Published date: .

Saudi-based Alkhabeer Capital said that Alkhabeer REIT has secured SAR 420 million with Al-Rajhi Bank to finance REIT g... Read more

Group Led By Kuwait's NIC Wins Tender To Buy Kuwaiti Bourse Stake

Banking - Published date: .

Kuwait’s National Investment Company, Arzan Financial Group as well as First Investment and the Athens Stock Exchange... Read more

Omans Sovereign Ratings Lowered, Outlook Revised To Stable

Banking - Published date: .

CI Ratings has lowered Oman’s long-term foreign currency as well as local currency issuer Ratings to ‘BBB-’ from ... Read more

EU Approves Mubadala Aquaculture Deal In Greece

Banking - Published date: .

The EU’s antitrust regulators approved the joint acquisition by Mubadala and US-based Amerra funds of three Greek fi... Read more

ADGM Courts Introduce Fully Digital Notary Public Office

Banking - Published date: .

Abu Dhabi Global Market Courts (ADGM Courts) has partnered with Abu Dhabi Judicial Department (ADJD) to launch a fully ... Read more

JPMorgan Plans To Use Cryptocurrency For Corporate Payments

Banking - Published date: .

(Bloomberg) --JPMorgan Chase is planning to introduce cryptos to modernise one of its most central businesses. The toke... Read more

Turkish Central Bank Changes Reserve Levels To Encourage Lending

Banking - Published date: .

(Bloomberg) --The Turkish central bank changed its reserve rules to boost credit growth amid signs of a deepening slowd... Read more

Abu Dhabi Islamic Bank Weighs Merger Amid M&A Wave

Banking - Published date: .

(Bloomberg) --Abu Dhabi Islamic Bank (ADIB) is weighing strategic options for its business, including a potential merge... Read more

Arab Jordan Investment Banks BB- Ratings Affirmed

Banking - Published date: .

Capital Intelligence Ratings (CI Ratings) has affirmed its BB- rating on Arab Jordan Investment Bank’s (AJIB) long-te... Read more

Careem Introduces Insurance For Passengers

Banking - Published date: .

(Bloomberg) --Dubai-based Careem has launched an accident insurance programme for passengers as well as drivers in Turk... Read more

Lombard Odier Group Appoints Alexandre Zeller As A Managing Partner

Banking - Published date: .

Swiss-based Lombard Odier Group has appointed Alexandre Zeller as a Managing Partner, he will assume the functional res... Read more

Saudi Arabia Regrets EU Inclusion In Money-laundering Blacklist

Banking - Published date: .

Saudi Arabia said that it regrets the inclusion on the European Commission’s (EU) revised list of ‘high risk’ cou... Read more

KFED Partners With CBUAE To Enhance Entrepreneurship Financing

Banking - Published date: .

Abu Dhabi-based KFED has signed an MoU with the Central Bank of the UAE (CBUAE), enabling the fund to employ the direct... Read more

Saudi Aramco Hires Banks For International Bond Issuance

Banking - Published date: .

Saudi Aramco has hired banks to arrange its first international debt sale to finance the acquisition of a controlling s... Read more

Kuwait Petroleum Reassess $500 Billion Investment Plan

Banking - Published date: .

(Bloomberg) --Kuwait Petroleum Corporation (KPC) is reassessing plans to spend about $500 billion in capital investment... Read more