India has completed due diligence for the stake sale of IDBI Bank and plans to invite financial bids between October and ...

The IDBI Bank sale is being jointly executed by the central government and LIC, which together own more than 94% of the bank.

The downturn was led by a 3.4% decline in Abu Dhabi Commercial Bank, the UAE’s third-largest lender. Commercial Bank ...

We use cookies and other tracking technologies to improve your browsing experience on our website, to show you personalized ...

Dubai continued to lead as the primary destination for greenfield FDI projects in the UAE for the first half of 2025, ...

Fintech development is increasingly pressuring incumbent Gulf banks and brokers to adapt. Many traditional institutions still ...

Dubai's main index dropped 0.8%, retreating for a second straight session, as investors booked profits after the index ...

Binghatti Holding marginally tightened the price on its $500 million Reg S 5-year benchmark sukuk to a profit rate of 8.125%, equivalent to a spread of 418 basis points over US Treasuries. The initial ...

In an exclusive interview with the American Bazaar, Krishna Kumar, Digital Practice Head at SRM Tech (Middle East) discusses ...

Oil is on track for a weekly gain of nearly six per cent after prices dropped slightly on Friday, as traders weigh the effects of US tariffs reshaping global trade and Washington's threats of economic ...

Lenders in Saudi Arabia and the UAE are once again the big winners in the The Banker’s Top 100 Arab banks ranking for 2025. The Arab world’s two largest economies between them account for 32 of this ...