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Category :Banks

First Abu Dhabi Bank Revenue Grows 16% Y-o-Y in H1-24

Global Business Magazine July 26, 2024

Underlining its consistent growth trajectory, the UAE-based First Abu Dhabi Bank (FAB) has posted a net profit of $2.29 billion, a revenue of $4.27 Read More

Business Banks Investments Mergers and Acquisitions Regional World

GCC Banks Looking to Expand Operations in Major Regional Markets

Global Business Magazine July 24, 2024

Gulf Cooperation Council (GCC) banks are showing a strong appetite to grow their presence in major regional markets, particularly Turkiye, Egypt and Read More

Banks Business SMEs World

Dutch Bank FMO Lends $295 Million to Nigeria’s Access Bank

Global Business Magazine July 19, 2024

FMO, Dutch Entrepreneurial Development Bank, said that it has arranged a $295 million syndicated loan facility, to Access Bank, Nigeria’s largest lender Read More

Business Banks Companies Funding World

Singapore’s Debt Issuance Stood at $421.15 billion in 2023

Global Business Magazine July 19, 2024

The total outstanding debt arranged by financial institutions stood at $421.15 billion, registering a 10.5% y-o-y in 2023 notwithstanding the high interest rates coupled with Read More

Banks Business Islamic Bank Regional stock exchange

Emirates NBD Posts Record Profit of $3.76 Billion in H1-24

Global Business Magazine July 18, 2024

Backed by increased lending across its regional network and substantial impaired loan recoveries, Dubai-based Emirates NBD, the leading financial services brand in Read More

Business Banks Companies Oil & Gas Regional

ADES Holding Secures $3 Billion Credit Facility for Its Operations

Global Business Magazine July 15, 2024

ADES Holding Company, a world leading international oil and gas drilling services provider based in Saudi Arabia, has announced that it has Read More

Banks Business Green Energy Regional World

Korea’s EXIM Bank to Provide $150 Million to UAE’s 1.5

Global Business Magazine July 8, 2024

In a big boost to the ongoing efforts of the UAE to promote solar energy, the state-owned Export-Import (EXIM) Bank of Korea Read More

Business Banks Environment Regional World

ADNOC To Avail $3 Billion Credit Facility from JBIC

Global Business Magazine July 5, 2024

The Japan Bank for International Cooperation (JBIC) Governor Hayashi Nobumitsu on Thursday signed a general agreement with Abu Dhabi National Oil Company (Read More

Economy GDP Wealth World World Bank

Bulgaria Joins Club of Richest Countries in the World

Global Business Magazine July 5, 2024

Bulgaria has been steadily approaching the high-income threshold with modest growth throughout the post-pandemic recovery period, which continued in 2023 as real GDP Read More