Financial Services MENA Edition

The transaction included all physical and non-physical assets as well as customer accounts

Bulgaria's euro entry will be smooth, says central bank governor

Bulgaria, one of the European Union poorest member states, was admitted together with Croatia to the ERM-2 mechanism

BlackRock CEO Fink expects market rally to continue in 2021

With global interest rates low there is a great need for long-duration assets and public equities still remain the most opportunistic way

financial services

London Stock Exchange gets EU nod for $27bln takeover of Refinitiv

The market for financial information has exploded with the advent of computer-driven trading

petrochemicals

Saudi NEOM JV working with Lazard on $5bln hydrogen project - sources

The project, which will be equally owned by the three partners, will produce green ammonia for export to global markets

oil and gas

Goldman forecasts 'perfect storm' for global gas markets

It sees European balances even tighter on colder weather revisions

real estate

Bahrain's Ithmaar, Naseej sign deal to build $106mln housing in kingdom

Project includes 300 villas, 100 residential plots for Bahrainis

bonds

DAE raises $1.25bln by selling four, seven-year dollar bonds-document

Goldman Sachs, Morgan Stanley, Credit Agricole, Emirates NBD Capital and Fifth Third Securities were active bookrunners for the deal

financial services

Citibank UAE plans to expand assets under management to $15bln by 2025

The lender is also looking to quadruple the size of its affluent customer base in the UAE

financial services

QNB Al Ahli reports 12% lower profit in 2020

Down by 12.09% year-on-year (YoY)

Multimedia

VIDEO: COVID-19 spurs increase in demand for life insurance

Financial Services MENA Edition

Fintech Saudi hub: An advanced ecosystem for financial technology investments

Egyptian banks' balances abroad surge to $20bln at December-end

One-year term deposits in UAE grows 34.7% in 10 months

London Stock Exchange gets EU nod for $27bln takeover of Refinitiv

Saudi NEOM JV working with Lazard on $5bln hydrogen project - sources

Goldman forecasts 'perfect storm' for global gas markets

Bahrain's Ithmaar, Naseej sign deal to build $106mln housing in kingdom

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Latest News

Bank ABC acquires Blom Bank Egypt for $480mln -sources

Bulgaria's euro entry will be smooth, says central bank governor

BlackRock CEO Fink expects market rally to continue in 2021

London Stock Exchange gets EU nod for $27bln takeover of Refinitiv

Saudi NEOM JV working with Lazard on $5bln hydrogen project - sources

Goldman forecasts 'perfect storm' for global gas markets

Bahrain's Ithmaar, Naseej sign deal to build $106mln housing in kingdom

DAE raises $1.25bln by selling four, seven-year dollar bonds-document

Citibank UAE plans to expand assets under management to $15bln by 2025

QNB Al Ahli reports 12% lower profit in 2020

Multimedia

VideoVIDEO: COVID-19 spurs increase in demand for life insurance

GalleryUAE and Bahrain sign deals with Israel at White House ceremony

GalleryEditor’s Choice: July 30, 2020

VideoGlobal remittances set to drop 30% in 2020

VideoCOVID-19: How to deal with your savings and investments