Saturday 25 February 2017
 
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Qatar banks' merger 'will be good for sector'

A proposed merger between three Qatari banks -- Masraf Al Rayan, Barwa Bank and International Bank of Qatar -- if successfully completed, would create the largest Islamic bank and the second largest bank in Qatar, and would result in a more bala

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Solid profitability seen for top UAE banks

The five large United Arab Emirates banks' core profitability is expected to remain solid over the next 12-18 months, according to a Moody's report.    In Q4 2016, the five banks -- Emirates NBD (A3

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GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

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GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

More…

GE, banks partner to finance Iraqi projects

GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development of power and infrastructure projects in the country. The MoU also underlines the financial partnerships forme

More…

Acwa inks finance deal for key Jordan solar plant

Saudi-based Acwa Power has signed financial agreements with two European banks - European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO) - for the development of a 60.3 MW solar photovoltaic (PV)

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Acwa inks finance deal for key Jordan solar plant

Saudi-based Acwa Power has signed financial agreements with two European banks - European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO) - for the development of a 60.3 MW solar photovoltaic (PV)

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Mena banks spending $12.5bn on hitech IT security

Financial organisations in the Middle East are implementing state-of-the-art security solutions to protect data and customers from frauds and other threats, said a report. The banks in the Middle East and North Africa (Mena) regio

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Mena banks spending $12.5bn on hitech IT security

Financial organisations in the Middle East are implementing state-of-the-art security solutions to protect data and customers from frauds and other threats, said a report. The banks in the Middle East and North Africa (Mena) regio

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Indian banks, ATMs continue to see chaos

India continues to see chaos at its banks and ATM machines, three days after the Prime Minister demonetized the country's 500 ($7) amd 1,000 ($15) rupee notes as part of anti-corruption measures, said a report. People queued u

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