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Mastercard Reintroduces Itself As A Symbol Brand And Adds An Audio Dimension To Its Identity

Banking - Published date: .

Mastercard is removing its name from the red and yellow interlocking circles as part of its continued brand transformat... Read more

Saudi Arabia Approves $3.1 Billion Plan To Ease Expat Fee Costs

Banking - Published date: .

(Bloomberg) --Saudi Arabia’s King Salman bin Abdulaziz Al Saud has approved a plan to ease levies businesses pay on f... Read more

ADNIC Receives ISO 10002:2018 For Complaints Management

Banking - Published date: .

Abu Dhabi National Insurance Company (ADNIC) has received the certificate for adhering to the latest version of ISO 100... Read more

Burgan Banks KWD 100 Million Subordinated Bond Rating Affirmed

Banking - Published date: .

CI Ratings has affirmed its ‘BBB’ rating for Burgan Bank’s KWD 100 million subordinated bond (Basel III compliant... Read more

Lebanon Expects Funding From Allies Soon, Says Deputy PM

Banking - Published date: .

(Bloomberg) --Lebanon could soon receive deposits from allies that would help the country manage debt-servicing costs, ... Read more

AA- Rating, Stable Outlook Affirmed For Kuwait

Banking - Published date: .

Capital Intelligence Ratings (CI Ratings) has affirmed its AA- issuer ratings on Kuwait’s long-term foreign currency ... Read more

Bahrain To Focuses On Strict Cost Controls To Balance Budget

Banking - Published date: .

(Bloomberg) --Bahrain, one of the oil-rich Gulf’s most vulnerable economies, will focus on “stringent cost controls... Read more

Emirates Development Bank Mulls $750 Million Bond Issuance

Banking - Published date: .

(Bloomberg) --Emirates Development Bank plans a $750 million bond sale in February, its first debt issuance since the i... Read more

HSBC Turkey Chief To Stand Trial For Insulting Erdogan In April

Banking - Published date: .

(Bloomberg) --The Chief Executive Officer of HSBC Holdings’ Turkish unit will stand trial over allegations that he in... Read more

Oil Exporters Yet To Recover From 2014 Shock, Says IMF's Lagarde

Banking - Published date: .

(Bloomberg) --Oil exporters have not fully recovered from the 2014 collapse of crude prices and the future isn’t brig... Read more

Dubai Investments Takes Over Globalpharma

Banking - Published date: .

Dubai Investments divested a 66 per cent stake in 2014 and had continued to hold a minority 34 per cent equity, accordi... Read more

Mashreq Bank Mulls US Dollar-denominated Bonds Issuance

Banking - Published date: .

Mashreq Bank has hired banks to arrange fixed income investor meetings ahead of a potential issue of five-year US dolla... Read more

DIB Lists Sukuk On Nasdaq Dubai

Banking - Published date: .

Dubai Islamic Bank (DIB) rang the market-opening bell celebrating the listing of a $750 million Sukuk on Nasdaq Dubai. ... Read more

ADX Partners With Edaa To Cooperate In Dual Listing Of Securities

Banking - Published date: .

Abu Dhabi Securities Exchange (ADX) has signed a MoU with the Securities Depository Centre Company (Edaa) – the entit... Read more

Gulf Bank Shareholder Aims To Build $880 Million Stake In Lender

Banking - Published date: .

(Bloomberg) --Gulf Bank’s second-biggest shareholder agreed to more than double its stake in the Kuwaiti lender as it... Read more