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Banking and Finance

Banking and Finance latest

Mashreq announces successful closing of its US$ 2 billion dual tranche syndicated term loan facilities
December 23rd, 2025 - 08:07 GMT

Mashreq announces successful closing of its US$ 2 billion dual tranche syndicated term loan facilities

Mashreq, one of the leading financial institutions in the MENA region and rated A3 (Moody’s), A (S&P) and A (Fitch), all with a stable outlook - successfully closed its US$ 2 billion syndicated loan with two tranches, a three-year and a five-year tranche. The transaction marks Mashreq’s return to the syndicated loan market. Its last syndicated loan issuance was in 2014. The transaction was undertaken in two phases. In phase one, Mashreq, acting as the sole Global Coordinator, invited its core group of FI relationship banks from US, Europe, Australia ...
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Mr. Subhi Benkhadra, Chief Executive Officer of IIB
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Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
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October 29th, 2015 - 11:30 GMT

Saudi spending cuts will impact banks: Moody's

Mr. Hamad Al-Humaidhi
October 29th, 2015 - 07:00 GMT

Ahli United Bank net profit surges by 11.4% to US$ 419.2M for the period ended 30 September 2015

Bank of Sharjah
October 29th, 2015 - 06:31 GMT

Bank of Sharjah announces financial results for the third quarter of

GIB CEO Dr. Yahya Alyahya
October 29th, 2015 - 06:09 GMT

GIB continues to expand its international network

Zumbathon 2015
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IBQ sponsors Zumbathon to strengthen breast cancer awareness

Chris Taylor
October 27th, 2015 - 07:31 GMT

Abu Dhabi Finance and INJAZ UAE launch first global financial literacy program

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October 27th, 2015 - 05:09 GMT

Gulf Bank posts healthy net profit of KD 29.6 million for the first nine months of 2015

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October 25th, 2015 - 08:33 GMT

Brotherhood businessman arrested after ‘plotting to smuggle foreign currency’ out of Egypt

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