The National Bank of Abu Dhabi (NBAD), has improved its ranking moving up three places to third position in the S&P Hawkamah ESG Pan Arab Index, reflecting NBAD's strong environmental, social and corporate governance practices and its continued r
Qatar Foundation, a non-profit organisation wholly-owned by the Qatar royal family and which focuses on developing the Gulf Arab state's education and science sectors, will now become Ahli Bank's largest shareholder, followed by the Qatar Invest
Gulf Finance focuses entirely on the needs of SMEs in the power, oil and gas, healthcare, manufacturing and logistics sector.
Emirates NBD ENBD.DU, Dubai's largest bank, has emerged as the frontrunner to buy BNP Paribas' (BNPP.PA) Egyptian retail business, three sources familiar with the matter said, in a deal likely to raise $400-500 million for the French lender.
The contrast means the Gulf banks are likely to be able to raise money cheaply and relatively easily, helping them compete as they move into markets overseas and challenge some of the big international institutions.