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Banking & Insurance

Banking & Insurance, Gulf News, UAE
The UAE Central Bank’s gold reserves reached $6.3 billion by the end of the third quarter

The UAE Central Bank's gold reserves reached $6.3 billion by the end of the third quarter The UAE central bank's gold reserves…

Banking & Insurance, Finance, Saudi Arabia
Saudi Awwal Bank Raises Over $1 Billion in Sukuk Offering

Saudi Awwal Bank Raises Over $1 Billion in Sukuk Offering Saudi Awwal Bank (SAB) announced on Thursday that it has raised $1.06…

Banking & Insurance, Egypt, Stock Markets
United Bank of Egypt sets IPO share price at $0.28 to raise $92 million

United Bank of Egypt sets IPO share price at $0.28 to raise $92 million United Bank of Egypt has set the price…

Banking & Insurance, Finance, Investment, UAE
Mashreq Bank and Emirates NBD are investing in NewBridge Fintech Solutions

Mashreq Bank and Emirates NBD are investing in NewBridge Fintech Solutions Two major banks in the UAE, Emirates NBD and Mashreq Bank,…

Banking & Insurance, Egypt, Investment
EFG Holding reports a 76% increase in its net profit for the third quarter, reaching $14 million

EFG Holding reports a 76% increase in its net profit for the third quarter, reaching $14 million EFG Holding, based in Egypt,…

Banking & Insurance, Finance, UAE
UAE Banks’ Reserves Increase by 10.5% to Reach $136.8 Billion in July

UAE Banks' Reserves Increase by 10.5% to Reach $136.8 Billion in July The capital and reserves of banks in the UAE reached…

Bahrain, Banking & Insurance
Bahrain’s Al Salam Bank launches new asset management company, ASB Capital, managing $4.5 billion in assets

Bahrain's Al Salam Bank launches new asset management company, ASB Capital, managing $4.5 billion in assets Bahrain's Al Salam Bank announced on…

Banking & Insurance, Saudi Arabia
Saudi Arabia’s SFD signs an agreement with Asia’s AIIB to work together on solving global development challenges

Saudi Arabia's SFD signs an agreement with Asia's AIIB to work together on solving global development challenges The Saudi Fund for Development…

Banking & Insurance, UAE
The UAE’s largest bank, FAB, reported a 5% increase in its third-quarter profit, reaching $1.2 billion, thanks to strong growth in interest income

The UAE’s largest bank, FAB, reported a 5% increase in its third-quarter profit, reaching $1.2 billion, thanks to strong growth in interest…