Category :Banking

Banking Featured News Regional Technology

Emirates NBD makes Strategic Equity Investment in Komgo

Global Business Magazine September 5, 2023

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkiye) region, on Monday announced that it has Read More

Economy Banking Featured News Regional

Saudi, UAE Expert Delegations to Visit Hong Kong

Global Business Magazine September 5, 2023

The Hong Kong Monetary Authority (HKMA) and the local banking sector will explore collaboration with their counterparts in the UAE and Saudi Read More

Banking Featured Finance News Regional

GCC Banks’ Credit Expansion Remains Strong in Q2 of 2023

Global Business Magazine September 5, 2023

Credit expansion in the Gulf Co-operation Council (GCC) banks remained strong during the second quarter of 2023 despite interest rates reaching decades-high levels Read More

Banking Featured Finance News World

Lombard Odier’s Assets Under Management is $223 Billion at the end of H1-2023

Global Business Magazine August 28, 2023

Lombard Odier’s Assets Under Management is $223 Billion at the end of H1-2023Read More

Banking Featured Finance News Regional

UAE Banks Improve Profitability Supported by Increase in Operating Income in Q2 of 2023

Global Business Magazine August 25, 2023

Alvarez & Marsal (A&M), the leading global professional services firm, on Thursday released its latest UAE Banking Pulse for the second quarter Read More

Banking Featured Finance News World

Brazil’s Nubank Maintains Solid Profitability in Q2-2023

Global Business Magazine August 23, 2023

Nu Holdings, one of the world’s largest digital financial services platforms based in Brazil, has reported stupendous growth maintaining solid profitability, Read More

Finance Banking Featured News Regional

Shares of 10 Listed Banks on ADX and DFM Make Impressive Gains

Global Business Magazine August 1, 2023

The shares of 10 listed banks in the UAE’s financial markets – Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) - Read More

Banking Economy Featured News Regional

Saudi Arabia’s PIF to Invest $5 Billion in Oman

Global Business Magazine July 31, 2023

The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has signed a Memorandum of Understanding (MoU) with the Oman Investment Read More

Banking Featured Finance News Regional

Emirates NBD’s Profits Surge 130% to $3.35 billion in H1-2023

Global Business Magazine July 28, 2023

Emirates NBD, one of the leading banks in the UAE, on Thursday announced that its profits surged by 130% to a record $3.35 billion Read More

Banking Featured Finance News Regional

GCC Banks’ Profits Soar in Q1 of 2023

Global Business Magazine June 15, 2023

Aggregate net profit for listed banks in the GCC reached a new record high during Q1 this year, mainly led by a Read More