Al Hilal Bank PJSC | Al Bawaba

Al Hilal Bank PJSC latest

The proposed merger, pending approvals by the banks' boards of directors, shareholders and regulators, would be credit positive for UAE banks. (Shutterstock)

September 11th, 2018 - 07:32 GMT

UAE Banks' Three-Way Merger a Boon for Banking System

ADCB also announced that separate potential merger discussions have commenced with Al Hilal Bank PJSC (AHB) shareholders.

The sovereign action reflects the ongoing negative impact of lower oil prices on Saudi’s fiscal position  and economic strength. (Argaam)

May 19th, 2016 - 05:00 GMT

Moody's downgrades nine Saudi banks