Banking & Finance

Banking & Finance

Disney tightens Euro Disney grip in deal with Saudi’s Alwaleed

Walt Disney Co has increased its hold on Euro Disney by swapping a 9 percent stake in the French theme park with Saudi Arabia’s Kingdom Holding, the investment firm owned…

 
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Banking & Finance

Lagging corporate governance holds back GCC firms, says S&P

Lagging corporate governance continues to hold back companies in the Gulf from unlocking capital markets and cutting the cost of raising debt, according to S&P Global Ratings. In a new…

 
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Banking & Finance

Abu Dhabi Investment Council increases ADCB stake to 62.52%

Abu Dhabi Commercial Bank (ADCB) said on Thursday its majority shareholder the Abu Dhabi Investment Council has increased its ownership in the lender to 62.52 percent after a capital reduction….

 
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Banking & Finance

The private banking environment is very competitive, says LGT’s Peter Schaer

A lot has happened: the steep drop in oil prices, the Arab Spring, the wars in Syria, Yemen and parts of Iraq, and the emergence of “Islamic State”, to mention…

 
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