Bloomberg Kuwait Finance House KSCP is in talks to buy Bahrain’s Ahli United Bank BSC, a person familiar with the matter said, in a deal that would create one of the Middle East’s largest Islamic lenders with about $85 billion of assets. KFH, as the lender is known, started discussions to acquire the Bahraini lender as well as its operations ...

Bloomberg Indonesia’s central bank said economic growth of 5.4 percent this year is too optimistic and the nation should aspire for higher credit ratings to catch up with Southeast Asian peers. “In our view, the 2017 growth rate should be higher than 2016,” Bank Indonesia Senior Deputy Governor Mirza Adityaswara said in an interview in Jakarta. “Maybe 5.4 percent is ...

Dubai / emirates business Noor Bank on Monday announced that it has become the first bank in the UAE to implement the Dubai font across internal platforms. Employees of the bank will apply the iconic font to all documents created in Microsoft Office programmes. The transition from Arial to the Dubai font is in line with Noor Bank’s vision of ...