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Category :Banks

Banks Business Companies Mergers and Acquisitions World

NBIM Acquires 25% Stake in Grosvenor Property UK’s Portfolio

Global Business Magazine January 22, 2025

Grosvenor’s UK property business on Wednesday said that it has entered into a joint venture with Norges Bank Investment Management (NBIM) Read More

Banks Business Companies Regional

Saudi Banking Sector’s Outlook to Be Stable in 2025

Global Business Magazine January 22, 2025

On the back of strong corporate lending, mortgage demand and funding needs for diversification paths and low interest rates, the outlook for Read More

Banks Business Companies Regional

Dubai Islamic Bank Increases Its Stake in T.O.M. Group

Global Business Magazine January 20, 2025

Further cementing DIB’s presence in Turkiye’s dynamic financial landscape, Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank by Read More

Banks Business Companies Earnings Regional

Net Profits of Two Qatari Banks Grew in 2024

Global Business Magazine January 20, 2025

Two prominent commercial banks in Qatar – Doha Bank and Dukhan Bank – on Sunday reported growth in their respective net profits by 10.7% and 3 % Read More

Banks Companies Mergers and Acquisitions World

Glacier Bancorp to Acquire Bank of Idaho

Global Business Magazine January 17, 2025

Mergers and acquisitions in the US banking sector continued unabated with Glacier Bancorp signing an agreement to acquire Bank of Idaho Holding Read More

World Bank Economy GDP Regional

MENA’s Growth Rate Likely to Be 3.4% in 2025

Global Business Magazine January 17, 2025

Notwithstanding growing tensions in the region, the economic growth in the Middle East and North Africa (MENA) is expected to pick up Read More

Banks Business Companies wind farm World

EIB and Societe Generale to Support EU’s Wind Sector

Global Business Magazine January 16, 2025

In an effort to foster investments in European wind sector, the European Investment Bank (EIB) and French bank Societe Generale (SG) on Read More

Banks Business Companies Mergers and Acquisitions World

CNB and ESSA Announce $214 Million Strategic Deal Merger

Global Business Magazine January 14, 2025

Two Nasdaq-listed banks - CNB Financial Corporation, parent company of CNB Bank, and ESSA Bancorp, Inc., parent company of ESSA Bank & Trust, Read More

Business Banks Companies Funding Regional

Aldar Closes $2.45 Billion Sustainability-Linked RCF

Global Business Magazine January 13, 2025

Representing the largest sustainability linked, syndicated deal by a real estate company in the Middle East, Aldar Properties on Monday said that Read More