APICORP sells 12% stake in Egypt-based Carbon Black Company
The Arab Petroleum Investments Corporation (APICORP), the multilateral development bank of the Organization of Arab Petroleum Exporting Countries (OAPEC), has ...
Tag: Egypt
Ithmaar Bank and AUB sign $167million Morabaha deal
Bahrain-based Ithmaar Bank, an Islamic retail and commercial bank, and Ahli United Bank (AUB), a full commercial banking institution signed ...
Bahrain, UAE, Qatar and Egypt vie for the Yatch Capital of MENA region
Bahrain, UAE, Egypt and Qatar are investing billions of dollars on tourism infrastructure including developing the world-class marinas to become ...
Holiday season elevates the chances of identity theft and cyber crime: Study
The growing number of on-line transactions during the holiday season make shoppers more vulnerable to cyber crimes with enhanced risk ...
Fitch downgrades ABC to ‘BBB/’F3’; outlook stable
Fitch Ratings has downgraded Bahrain-based Arab Banking Corporation's (ABC) long-term foreign currency issuer default rating (IDR) to 'BBB' from 'BBB+' ...
Abraaj Capital announces the first acquisition
Abraaj Capital, the region’s leading private equity firm, announced the first acquisition by its new income-generating real estate fund, ASAS, ...
ABC acquires $60m stake in Mediterranean Bank of Libya
Bahrain-based Arab Banking Corporation (ABC) On Tuesday announced that it had entered into an agreement to acquire a 49% ownership ...
Manama ranks fourth among the best cities in the MENA region
Manama ranked as the fourth best city and topped the ladder in terms of the economic conditions in the Middle ...