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THIS MORNING: GCC leaders meet in Jeddah + Emirates NBD pushes ahead with AT1 issuance
Plus: 4.9k of the world’s wealthiest are living in our midst
Emirates NBD could reopen regional AT1 market
The AT1 bond sale would be the first of its kind from a regional lender since the outbreak of the…
Big UAE banks keep growing even as impairments make noise
Emirates NBD’s earnings climbed 3% as FAB’s slipped 2%, though both lenders still saw operating income and loan books expand
THIS MORNING: Washington and Tehran agree to a two-week ceasefire
Plus: UAE airlines see slight dip in activity
Emirates NBD is one step closer to acquiring RBL Bank
A mandatory open offer will likely be triggered as soon as next week
Emirates NBD defies credit freeze with USD 2.25 bn syndicated loan
The DFM-listed lender secured commitments from 15 banks across the US, Europe, and Asia — marking its tightest pricing on…
THIS MORNING: Reports of India scrapping IDBI Bank sale + More names raise Brent price forecasts
Plus: The Fed is set to make its interest rate announcement tomorrow
THIS MORNING: Int’l players assess UAE operations amid strikes + Opec to raise production in April
Plus: The competition is heating up for India’s IDBI
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