Financial Services MENA Edition
Latest News
ADCB reports third quarter earnings increase
The bank reported a "par result with moderate earnings growth', analyst says
BRIEF: Bank Of Sharjah Q3 Profit Falls
DIFC strengthens Chinese relations by welcoming Hubei Province delegation
Leading Chinese institutions continue to capitalise on their presence in DIFC
BRIEF: Sharjah Islamic Bank Q3 Profit Rises
SABB Managing Director David Dew steering through historic transaction in Saudi banking
According to Dew the SABB-Alawwal merger is a genuinely exciting landmark transaction, and a significant transformation for the Kingdom
BRIEF: Al Ahli Bank Of Kuwait Q3 Profit Rises
Carney: Fed raising interest for good reasons
US Federal Reserve has voted unanimously to raise interest rates by a 25 basis points to a range of 2% to 2.25%
Fitch Affirms BBK at 'BB-'; Outlook Stable
Fitch Ratings has affirmed BBK B.S.C.'s (BBK) Long-Term Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.
UK trade minister Fox has pulled out of Saudi investment summit - BBC
Liam Fox was listed as a speaker at the Riyadh summit
BB Energy raises $245mln revolving credit facility
The company last year traded about 20 million tonnes of crude oil
Insights
Softbank pushes link-ups as insurance strategy takes shape
Softbank's Vision Fund plans to pump more money into insurance, a potential booster for its bigger bets in cars, health and financial services
Oil prices ease as funds continue profit-taking: Kemp
Hedge fund managers have continued to take profits on their bullish positions
Bond bears stalk a FANG, short Netflix debt
Bearish bets against the company's $8.4billion of junk-rated bonds have more than tripled this year
