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FinMin completes USD 1 bn sovereign sukuk issuance fully subscribed by Kuwait Finance House
This stands as Egypt’s second-ever sovereign sukuk issuance, following its maiden sukuk offering back in 2023
Qatar Islamic Bank backs out of United Bank offer -report
QIB and the Kuwait Finance House completed their due diligence for United Bank in December
Kuwait Finance House is in the running for United Bank acquisition
Good morning, wonderful people, and welcome to the last workweek before Ramadan, which we expect to begin on Sunday, 10…
Qatar Islamic Bank, Kuwait Finance House wrap up due diligence on United Bank
The sale could reportedly reel in the USD equivalent of EGP 22 bn
THIS EVENING: QIB, KFH conclude their due diligence on United Bank
Good afternoon, ladies and gentlemen, and happy hump day. The news cycle is beginning to gain traction as we steamroll…
Morgan Stanley thinks an S&P 500 rebound may be on its way
An S&P 500 rebound “is more likely than not,” said Stanley’s chief US equity strategist
One of the year’s biggest banking takeovers just took place in the Middle East
Kuwaiti bank makes one of the year’s biggest banking acquisitions: Kuwait Finance House is acquiring Bahrain’s Ahli United Bank (AUB)…
Ahli United Bank purchases 30 mn shares in AUB Egypt
M&A WATCH- Bahrain’s Ahli United Bank (AUB) has purchased more than 30 mn shares in its Egypt unit alongside Misr…
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