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Qatar’s Estithmar Holding to acquire 49% of Syria’s Shahba bank

Qatar’s Estithmar Holding to acquire 49% of Syria’s Shahba bank

The move marks the first post-war foreign investment in Syria’s banking sector

Bahrain rolls out BHD 7 bn banking sector relief package

Bahrain rolls out BHD 7 bn banking sector relief package

Borrowers will get debt relief for up to three months, whereas banks will have access to government-backed liquidity for up…

Jordan cuts reserve requirements, frees up JOD 700 mn for banks hit by Gulf war fallout

Jordan cuts reserve requirements, frees up JOD 700 mn for banks hit by Gulf war fallout

The measures could inject some JAD mn in lendable liquidity

Turkish banks are eyeing Syria — and Stellantis is doubling down on Algeria

Turkish banks are eyeing Syria — and Stellantis is doubling down on Algeria

PLUS: Surprising exactly no one, business activity slumped last month in Qatar and Kuwait

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