Tags :Banks

Banking Featured News Regional

UAE Listed Banks Record Highest Deposit Growth in Q1-2024

Global Business Magazine May 24, 2024

The UAE-listed banks recorded the highest deposit growth in the first quarter of 2024 among the GCC banks, which grew by 5.6% y-o-y to $803.2 Read More

Business agriculture News Regional

Edamah and Badia Farms partner on innovative new agricultural project

Global Business Magazine March 28, 2024

Bahrain Real Estate Investment Company (Edamah), the real estate arm of the Kingdom's sovereign wealth fund, Bahrain Mumtalakat Holding Company (Mumtalakat), announced Read More

Banking Featured News Regional

Saudi’s Top 10 Banks Performed Robust and Positively in 2023

Global Business Magazine March 19, 2024

The performance of top 10 listed banks in Saudi Arabia remained largely robust and positive as the operating income grew by 9.5% reflecting the Read More

Banking Featured News Regional

Assets of UAE Banks Reach $1.1 Trillion by End-2023

Global Business Magazine March 18, 2024

The total assets of the banks operating in the UAE increased by 3.1% q-o-q, reaching $1.1 trillion at the end of the fourth quarter Read More

Banking Featured News Regional

UAE’s Top 10 Listed Banks’ Aggregate Net Income Grew by

Global Business Magazine February 29, 2024

Riding on higher interest rates, the aggregate net income of the UAE’s 10 largest listed banks grew by 54.1% y-o-y to $20.94 billion 2023, Dubai-based Read More

Banking Featured News Regional

Saudi and the UAE Banks to Continue Their Growth in

Global Business Magazine February 26, 2024

Supported by robust credit demand in non-oil sectors and economic diversification pogrammes, the Saudi banking system is poised well for continued growth Read More

Finance Featured Health News Regional

Gulf Islamic Investments Acquires Stake in Saudi’s Abeer Medical Company

Global Business Magazine January 17, 2024

The UAE-headquartered Gulf Islamic Investments (GII) has signed agreement to acquire a significant equity stake in Abeer Medical Company (Abeer), the largest Read More

Economy Business Featured News World

Hong Kong airport Raise Over $500 million in First Local-Currency

Global Business Magazine January 9, 2024

The Airport Authority Hong Kong (AAHK) has announced that it has successfully priced a $512 million senior notes offering (the Notes) in Regulation Read More

Banking Featured Health News Regional

Egypt Secures $500 Million Loan from Three Banks to Support

Global Business Magazine November 15, 2023

Egypt’s Finance Ministry has secured a $500 million syndicated loan from Deutsche Bank, Bahrain’s Arab Banking Corporation (Bank ABC) and Kuwait’Read More

Energy Business Featured News World

Denmark’s Orsted Secures $783 Million for its Wind Farms in

Global Business Magazine September 5, 2023

Danish renewable energy developer Orsted on Monday announced that it has signed $783 million (NTD25 billion) sustainability-linked revolving loan facility for its offshore Read More

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