Tag: News
TWG Global to acquire $2.5bn minority stake in Mubadala Capital
TWG Global, a holding company led by US billionaires Mark Walter and Thomas Tull, announced it will acquire a minority stake in Mubadala Capital,...
BNY obtains regional headquarters license in the Kingdom of Saudi Arabia
The Bank of New York Mellon Corporation announced it has been granted a regional headquarters (RHQ) license by the Ministry of Investments in Saudi...
Lazard boosts UAE footprint with financial advisory office in Abu Dhabi
Lazard is strengthening its footprint in the United Arab Emirates by opening an office in the capital city of Abu Dhabi which will serve as...
GCC banks poised to weather global trade turbulence: S&P report
Despite rising global trade tensions and heightened market volatility, banks across the Gulf Cooperation Council are expected to remain resilient, according to a recent...
US’ BridgeWise obtains DIFC licence and investment from Emirates NBD
BridgeWise, a US-based AI-powered investment intelligence platform, has officially entered the Middle East after securing an operational license from the DIFC and a strategic investment...
Al Ansari completes acquisition of Bahrain’s BFC Group, expects 20% revenue...
Al Ansari Financial Services, one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange announced the...
Sohar International eyes merger with Ahlibank
Oman's Sohar International Bank said on Monday 7th April it plans to explore a merger with smaller rival Ahli Bank SAOG, in a potential...
Emirates NBD acquires all remaining shares of Emirates Islamic Bank and...
Emirates NBD has finalised its compulsory acquisition of all remaining shares in Emirates Islamic Bank, following the absence of any objections from shareholders.
The compulsory...
LSEG MENA Investment Banking Review for Q1 2025
An estimated US$372.2 million worth of investment banking fees were generated in the Middle East & North Africa during the first quarter of 2025...
Bahrain’s CBB new regulations for board and senior management appointments at...
The Central Bank of Bahrain (CBB) has unveiled new regulations regarding the appointment of Board Members and senior management at licensed financial institutions, aiming...













