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Banks
Fitch Affirms National Bank of Ras Al-Khaimah At ‘BBB+’
Fitch Ratings has affirmed National Bank of Ras Al-Khaimah's (Rakbank) Long-term Issuer Default Rating (IDR) at…
UAE Noor Islamic Bank’s AlQemzi Urges Banks To Cooperate
Greater cooperation, rather than competition, between the Middle East's Islamic financial institutions is necessary…
Bank Audi Establishes Special Department For Top Customers
Doaa Zaki, head of wealth management and top customers department at Bank Audi, said the Bank will assign a special…
India Reduces Rates 50 BPS to Boost Growth
India's central bank cut its main interest rates by 50 basis points on Tuesday - its first reduction in three years…
NBE To Offer EGP 70 Mln Credit Facilities
National bank of Egypt (NBE) studies offering credit facilities of EGP 60 million to a faltering customer working…
Hsbc Re- Enforces The Importance Of Mena And China Trading Corridors
Trade corridors between China and the MENA region carry huge economic growth potential for businesses, offering the…
Tinawi: Egypt’s Economic Identity is Unclear
Akram Tinawi, chief executive officer and managing director of Arab Banking Corporation-Egypt, stressed on the…
Standard Chartered Targets $100 Mln Gulf PE Deal
British Standard Chartered's (STAN.L) private equity arm expects to close a $100 million private equity deal in the…
50-60 U.S. Banks Expected To Fall This Year
The number of U.S. bank failures is expected to drop this year to about 50 to 60 institutions as the industry…
UAE Banks Use New Fund Transfer System
UAE banks have fully adopted the UAE Fund Transfer System (UAEFTS) that enables them to conduct all interbank local…