Commercial
Kuwait Finance House to purchase Bahrain’s Ahli United Bank for USD 12 billion after years of hold up
Kuwait Finance House (KFH) has agreed to purchase Bahrain’s Ahli United Bank for about USD 11.6...
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Mitsubishi UFJ Financial’s Krungsri to buy Nomura Thai securities unit for USD 153 million
Mitsubishi UFJ Financial and Mitsubishi UFG Bank’s consolidated subsidiary Bank of Ayudhya Public Company Limited-Krungsri announced...
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DIFC unveils the region’s first Open Finance Lab in 2022
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and...
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An Ode to the 5 Arab Women Reigning the Business World
Women are becoming famous in boardrooms throughout the Arab World as reformations and empowerment initiatives facilitate...
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AIA Hong Kong takes over 100% shares of Blue Cross from the Bank of East Asia
AIA has declared that it has agreed to take over 100% of the shares in Blue...
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Citibanamex assets on sale in Mexico: USD 4 – 8 billion price tag
After Citigroup Inc. announced plans to sell its Mexican consumer banking business asset, analysts said domestic...
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Axa credit take-over: Moroccan B2B e-comm platform Chari acquires the credit division of Axa Assurance for USD 22 million
In a recent announcement, Axa Credit, the credit branch of Axa Assurance Maroc has been acquired by Moroccan...
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Citibank extends base into the African continent; exits from 13 markets in Asia, Europe, Middle East
Citibank is extending its base into South Africa, Kenya, Nigeria, and Egypt to contest for a...
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DBS Bank and Pine Labs join hands with Mastercard to unveil BNPL facility; DBS Bank to roll out offering from March 2022
Mastercard has collaborated with Pine Labs, a merchant paytech platform, and DBS Bank (Singapore) to present...
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Dubai: Mashreq Bank acquires stake in NymCard to boost cashless transactions during the COVID19 pandemic
Mashreq Bank, a Dubai creditor, controlled by the Al Ghurair family, stated that it took over...
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