Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

World’s Best Investment Banks 2021: M&A

Last spring’s seize-up in the global M&A market eased as companies rethought their business plans and sought a leaner profile.

World’s Best Investment Banks 2021: Global Winners

Despite Covid-19, 2020 was a banner year for investment banking, with IPOs and bond issues standing out.

‘International expansion is a must for GCC tech companies’ – investment banker Joshua Jahani

Joshua Jahani, managing director of investment firm Jahani and Associates (J&A), reveals why his firm is growing in the GCC

‘Don’t they know it’s the weekend?’ No more annoying Friday calls for Dubai Citi bankers

In a memo to Citi’s workers, Fraser revealed plans to “limit video calls on Fridays to clients only (or Thursdays where applicable)

Al-Kuwari meets Societe Generale representatives in Doha

SocGen is considered one of the largest banks in France.

EFG Hermes delivers robust results despite a challenging operating environment, with Group revenues up 12% Y-o-Y to EGP 5.5 billion in FY20

2020 was a year unlike any other, not just for us at EFG Hermes but for business the world over.

EFG Hermes Finance Signs Partnership with Universal Group to Create Bespoke E-commerce Platform

Signing this partnership with Universal Group is a key milestone in our journey to develop a full-fledged non-bank financial services ecosystem that leverages the synergies inherent in our business model throughout the group.

HSBC completes first-ever securities lending transaction in Saudi Arabia

The bank expects further such transactions to follow

Stan Chart launches one-stop banking solutions for NRBs in Dubai

With Swadeshi Banking, Bangladeshi expatriates in Dubai would be able to avail a full suite of NRB banking service

Standard Chartered showcases one-stop banking solutions for NRBs in Dubai

The offering was showcased as part of "The Rise of Bengal Tiger: Potentials of Bangladesh Capital Markets", roadshow held in Dubai recently.

BBVA, the world’s best investment bank for sustainable finance

Global Finance has named BBVA the best investment bank for sustainable finance in the world, a global recognition of its constant efforts to offer its clients a wide range of investment banking products and solutions, and accompany them in their transitio

Japan’s MUFG predicts 2021 economic recovery for Saudi Arabia

MUFG opened a branch in the Saudi capital in October 2018

ENBD Capital logs record debt capital transactions

Environmental, Social and Governance (ESG) issuances are gaining in prominence and the Debt Capital team at Emirates NBD

EBRD provides US$ 100 million loan to Turkey’s Denizbank

The EBRD’s new investment follows a record €893 million in financing to Turkish financial institutions in 2020 to support thousands of businesses across the country, providing the private sector with much-needed funds.

Emirates Investment Bank turns to losses in 2020

The bank's revenues plunged

Bahrain's GFH Financial set to acquire more properties in UK, Europe this year

Firm made new investments worth over $208mln last year

Egypt's state National Investment Bank slashes yields on certificates

Yields on certificates with a maturity of one year were now 6%,

MENA M&A transactions reach $70.3 bn in 2020

Refinitiv released the Middle East and North Africa investment banking analysis for 2020.

HSBC launches Sustainable and Transition Finance team in Middle East

With a presence in all of HSBC’s markets across MENAT, the Team will work with all of HSBC’s bankers to provide advice, expertise and financing solutions to customers across all sectors and segments – no matter what stage of the sustaina

EBRD provides US$ 58 million loan to Turk Ekonomi Bankasi

The new loans follows €1.7 billion of investment provided by the EBRD for the Turkish economy in 2020