BNY Mellon Lands A Big Ally For Expansion In Saudi Arabia
NCB Capital is the kingdom's biggest asset manager and investment bank
Read MoreCoronavirus, Low Oil Prices Set To Speed Up Gulf Bank Mergers
Moody's Investors Service says financial concerns in the region will play a larger role in encouraging deals Read more
Abu Dhabi Fund Buys $750m Stake In Retail Arm Of Indian Giant Reliance
Subsidiary of the Abu Dhabi Investment Authority will buy a 1.2% stake in Reliance Retail Ventures Read more
How The Lebanese Private Sector Is Coping In The Eye Of A Storm
Businesses extremely pessimistic about future as layoffs continue and wages plummet Read more
Lebanese Pound: The Most Undervalued Currency In The World
As political and economy chaos ensues, leading analyst says exchange rate needs sorting 'as soon as possible' Read more
How Coronavirus Is Changing Banking For The Better
Redefining finance for good: Virtual CXO Forum to take place on October 7 Read more
UAE-Bahrain Trade Returning To Pre-coronavirus Levels
Bahrain's trade for the first half of the year reached $10.4bn globally, down 2% on 2019 Read more
Kuwait Central Bank Denies Plan To Devalue, Stands By Peg
Speculation started swirling after the passing last week of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who has been succee... Read more
Expat Remittances From The UAE Exceed $21bn In First Half Of 2020
India retains position as top receiving country from expats in the UAE, ahead of the Philippines, Pakistan and Banglades... Read more
Inflation Spirals Out Of Control As Lebanon Drowns In Excess Pounds
Local currency in circulation soars 137% as it loses 80% of its value amid ongoing economic crisis Read more
UAE's Mubadala Confirms $844m Stake Deal In Retail Unit Of Indian Giant Reliance
Mubadala says its investment will translate into a 1.40% equity stake in Reliance Retail Ventures Limited Read more
Lebanon's Foreign Currency Reserves Could Vanish In 12 Months
Goldman Sachs warns of further economic turmoil if new government isn't formed soon Read more
Rolls-Royce Mulls Financing Plan After Ruling Out Kuwait Investment
Shareholders of the UK engine-maker opposed a plan to raise funds from Singapore's GIC and Kuwait Investment Office Read more
UAE Construction Giant Arabtec Reportedly To Be Placed Into Liquidation
Decision at company's annual general meeting follows a net loss of $216m during first half of 2020 Read more
Credit Suisse To Cut Jobs In Gulf In Wealth Management Overhaul
Around 20 people to be let go by the banking giant, mainly in Dubai Read more