Thursday 23 March 2017
 
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Lankan group secures $35m funding from ME banks

People’s Leasing & Finance, an industry leader in Sri Lanka, said it has successfully raised $35 million in funding from the Middle East market for supporting its general business development and growth.   The three

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UAE banks need to improve customer service: survey

Customer service is the primary banking feature clients of UAE banks would like to see improved, according to a new survey. The survey by Souqalmal.com, a leading personal finance and insurance comparison website in the UAE, cover

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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

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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…

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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