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Abu Dhabi National Energy Company (Taqa) on Friday announced that it has secured refinancing its $3.5 billion revolving credit facility. Secured via a syndicate comprising 20 banks, the new 5-year...
Gulf Today Report A source of the Association for Defending the Rights of Depositors said that an woman armed with a toy pistol and her accomplices held hostages in...
New bank lending in China rose less than expected in August, while broad credit growth slowed, as COVID flare-ups and a deepening property crisis weigh heavily on the economy despite...
Aya El Deeb, Staff Reporter The Abu Dhabi Commercial Court (Appellate Circuit) upheld a verdict issued by the Court of First Instance, obligating six companies to pay a bank...
The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund, signed an agreement with Alinma Bank to acquire one of its real estate financing portfolios, in...
Bassam al-Shaikh Hussein became an instant hero a week ago when he entered the Federal Bank of Lebanon with a hunting gun and a jerrycan of petrol to demand his...
Gulf Today Report A hostage standoff in which a gunman demanded a Beirut bank let him withdraw his trapped savings has ended with the man’s surrender and no injuries....
Manolo B. Jara, Correspondent A regional court in Metro Manila dismissed for lack of jurisdiction, the defamation suit filed by a local bank against the Bank of Bangladesh in...
Mohammed Yaseen, Staff Reporter The Dubai Criminal Court sentenced a sales representative to 3 months in jail for forging a salary certificate of one of the bank’s clients for...
The Central Bank of the UAE (CBUAE) has issued a notice to all banks and finance companies operating in the UAE on housing loans granted to beneficiaries of the...