has selected Dell EMC VMAX3 All Flash Array (AFA) which features software-defined reliability, availability and serviceability (RAS) technology to create the right IT environment to better support consistently increasing data streams and enable maximum application availability, while significantly reducing the response time.
has recently finalised the procedures of the deal held with Piraeus Bank in Greece in order to acquire 98.5% of Piraeus-Egypt's shares.
ONBK Bahrain continues its solid performance despite the challenging operating environment,O NBK
Group chief executive Isam Al Sager said.
, the Gulf state's biggest lender by market value, said that it offers to buy the shares at KWD0.630 (USD2.25) each, or a total of KWD580.6m in cash.
National Bank of Kuwait (NBK
), the Gulf State's biggest bank, was ranked 38 th among the world's top 50 safest banks according to a list published by Global Finance.
Holding, one of the leading business holding groups in Qatar, and Khaya Global, a travel and logistical support organisation, have signed an agreement to support the 2022 FIFA World Cup in Qatar.
Biko says that NBK
's board met last year and resolved to use the police and Director of Public Prosecutions to ensure that he and other former top bosses take the blame.
For the second year in a row, the award, "Best 3-Year Performance for GCC Equity fund with assets below USD 75 Million" was given to NBK
Gulf Equity Fund.
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Returning a 17 per cent gross Internal Rate of Return (IRR) on investments in the UAE, Saudi Arabia, Kuwait and Turkey, NBK
Capital Mezzanine Fund I ranks among the top performing private debt funds in its vintage year.
Capital Partners' experienced team of investment professionals in Dubai, Istanbul and Kuwait will manage the Fund, which will continue building upon its predecessor's proven investment strategy of providing capital to middle market companies in consumer-centric sectors such as education, healthcare and food & beverage in the MENA region by way of mezzanine investments.