07/08/2019
2019 has been 'a pretty good year', says StanChart MENA CEO
Sunil Kaushal says Standard Chartered has seen very strong growth this year
Investment Bank
07/05/2019
Softbank plans to invest $2-4 b more in India in 2 years
The Japanese company will help portfolio companies form joint ventures with Indian firms.
07/03/2019
Egypt United Bank Stake Sale Advances as Advisers Bid for Role
The years-long drive to sell part of United Bank could be a bellwether for investment prospects in the Arab world’s most populous country, which is seeking to draw in interest beyond its oil and gas industry.
07/02/2019
NBK Capital wins ‘Best Investment Bank in Kuwait’ at 2019 Euromoney Awards
Euromoney highlights NBK Capital’s business model of customer satisfaction
07/01/2019
SICO Named Best Investment Bank in Bahrain
The Euromoney Middle East Awards for Excellence are held annually to recognize banks with a demonstrated capacity to exceptionally deliver to their clients’ needs and evolve to meet market conditions and regulatory changes.
07/01/2019
HSBC Bank Oman wins Best Investment Bank Award from Euromoney
The bank was praised for excellence in terms of quality of service and performance as well as having the most comprehensive investment banking product offering in the market.
06/27/2019
Euromoney Middle East Awards for Excellence 2019 winners revealed
Arab Bank named Middle East’s best bank in Euromoney Awards for Excellence 2019; EFG Hermes scoops regional investment banking award; Accad recognised for outstanding contribution to finance.
06/27/2019
Evercore Investment Bank to Open Israel Branch
Leonard Rosen, CEO of Barclays Israel and former CEO of Lehman Brothers Israel, will head the local branch
06/21/2019
HSBC gets top adviser role in Qatar for first time since Gulf row
As a result of that, HSBC has not arranged any bond deals out of Qatar since the crisis began in 2017, according to Refinitiv data, after having been at the top of bond league tables.
06/19/2019
UBS brings machines into credit derivatives to boost trading
When combined, these transactions can give a boost to trading volume, which is why a wide range of brokerages are automating that trading.
06/18/2019
Barclays feted at M&A Awards 2019
We’ll continue to work closely with our teams around the world to deliver seamless execution to our clients in the region
06/14/2019
HSBC Carves Special Role as Banker to the Saudis
As the kingdom tries to attract business after Jamal Khashoggi’s killing, HSBC is drawing on its decades-long ties to benefit more than any financial institution
05/22/2019
Dubai's Mashreqbank hires Citi, BAML for dollar bond reopening -sources
Under a bond tap, an existing transaction is reopened for subscription, using the same documentation as before.
05/16/2019
SHUAA Capital progressing with potential combination with ADFG; releases Q1 2019 earnings
Combination with major shareholder ADFG progressing through final stages, followed by regulatory and shareholder approvals
05/16/2019
Shuaa swings to Q1 loss on Abraaj exposure
Company says talks for a potential merger with ADFG are in progress
05/15/2019
GFH Q1 net profit dips 41.4pc to $21.36m
The Group reported consolidated net profit of $20.7 million, compared with $36.89millionin the first quarter of 2018.
05/14/2019
Goldman Sachs bought Commerzbank's claim in Saudi's biggest debt saga - sources
The sources said Goldman bought TIBC’s debt after rulings in various jurisdictions
05/10/2019
Goldman, Bain, EBRD meet Turkish banks about problem loans -sources
A currency crisis saw the lira fall nearly 30 percent against the dollar last year.
05/07/2019
UAE’s Arqaam in merger talks with The National Investor
The investment banks are in merger talks that would create an entity with an equity value of about $250 million.
04/29/2019
QFB eyes US, Europe and other new markets
“The new strategy which was approved about a few months ago, is all about strengthening the Bank’s performance and profitability for its shareholders, which is going to turnaround the Bank’s performance