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FINANCIAL SERVICES
Americas
US regulators seize troubled lender Republic First, sell it to Fulton Bank
Banking & Insurance
SHUAA Capital appoints ADDED and ADIO director general as chairman
Indian Sub-continent
Indian cenbank issues draft guidelines for web aggregators of loan products
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Income & profit growth continues into 2024 as the Bank’s strategy embeds further
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OTP Bank plans acquisitions in Ukraine
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China's Bank of Communications Q1 profit rises 1.44%
Banking & Insurance
Aggregate gross loans in GCC hit $2trln: Kamco Invest
Corporate Earnings
NatWest first-quarter profit slides 27%
Middle East
KIB Organizes the First Partners and Suppliers’ Forum in Kuwait
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NBK hosts a series of workshops for the employees of Kuwait Fund for Arab Economic Development
People in the News
Basem Salfiti voted chairman of Bank al Etihad's board of directors, succeeding Isam Salfiti
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Mashreq's 1Q 2024 net profit climbs 25% YoY to AED 2bln
Banking & Insurance
ADCB logs 26% net profit growth in Q1 2024
ECONOMY
MoF enhances UAE’s financial inclusion drive
Banking & Insurance
SHUAA Capital chairman steps down after nearly five years
Levant
Housing Bank Group, Jordan reports profit for 2023
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BoE reports record usage of short-term liquidity repo
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Ministry of Finance enhances UAE’s financial inclusion drive
China and Asia Pacific
Bank of the Philippine Islands bullish this year amid continued loan growth
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UK bank Barclays logs falling quarterly profit
UK and Europe
Swedbank's Q1 profit rises more than expected helped by lower credit losses
UK and Europe
Deutsche Bank posts better-than-expected 10% rise in Q1 profit
Business Insights
NYCB faces tough choices on CRE loans, balance sheet diversification
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The CBUAE enhances SupTech initiative as part of its Financial Infrastructure Transformation Programme
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Emirates Islamic reports record profit of AED 811mln for Q1 2024
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TRANSPORT
Siemens-led consortium wins signaling contract for UAE – Oman Rail project
OIL
'End of oil not in sight', OPEC Secretary General says in MEES article
INDUSTRIAL
ADDED reveals $3bln investment opportunities in transportation industries
TRUCE
Hamas says it received Israel's response to its ceasefire proposal
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INTERVIEW: Kuwait’s AlShaya Group CEO says hostility to US brands has receded; negligible impacts due to floods
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Macron dig at ECB remit may jar bond investor nerves: Mike Dolan
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Glencore seeks investment opportunities in Nigerian mining sector
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