FIMBank joins Middle East group KIPCO

Region:

Middle East & Africa

Mayur Pande

Analyst

Malta-headquartered FIMBank has announced the completion of the first stage of a multi-step process which has seen Burgan Bank and United Gulf Bank (UGB), members of the KIPCO Group, acquiring 37.05% of shareholding in the bank. At the end of this process, these two major Middle Eastern banks will have

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Perspective

15 August 2025

Solving West Africa’s cocoa conundrum

West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve...

Wasting your breadth? Glencore reports disappointing half-year returns

Perspective

22 August 2025

Wasting your breadth? Glencore reports disappointing...

The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business...

Must See

20 Minutes With: Preslav Raykov, Eleen Marine

Video

08 August 2025

20 Minutes With: Preslav Raykov, Eleen Marine

TXF spoke with Preslav Raykov, global head of trading at Eleen Marine about the importance of risk controls in the present geopolitical environment as well as strategies for aligning stakeholders across commodity supply chains.

Perspective

15 August 2025

Solving West Africa’s cocoa conundrum

West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve traceability and open up new credit opportunities in a sector that remains largely unsustainable.

Perspective

22 August 2025

Wasting your breadth? Glencore reports disappointing half-year returns

The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business records strong revenues. However, its unparalleled access to cheap liquidity should see it through another period of stagnant commodity prices.