03/16/2022
Leading European Bank Societe Generale expands client offering through DIFC
Societe Generale Middle East reinforces its regional expansion strategy with license upgrade, reflecting its optimism in the region
Investment Bank
03/09/2022
Emirates NBD Capital marks record year
EMCAP witnessed increased confidence from sovereign issuers as it led several landmark deals
03/09/2022
Emirates NBD is first UAE banking group to publicly commit to female leadership targets, aiming for 25 percent of senior roles to be filled by women by 2027
Emirates NBD will support females across the organization to reach their leadership potential
03/08/2022
Emirates NBD Capital posts record transactions in 2021
After a short hiatus on the GCC stock market, the investment bank’s ECM team has witnessed a noteworthy frenzy in the UAE and KSA equity market
03/07/2022
Some Goldman Sachs employees moving out of Russia to Dubai -Bloomberg News
The move is not intended to be permanent as of now, the report added.
03/04/2022
Standard Chartered Gets Greenlight In Egypt
Before obtaining a new license, Standard Chartered tried several times to buy out a local lender.
03/04/2022
Deutsche Bank’s Mystery Middleman Sat In on Saudi Stake Plans
German businessman’s role is being investigated over DWS links
03/02/2022
Dubai’s Shuaa Capital lists $100m SPAC on Nasdaq New York
It has priced its initial public offering of 10,000,000 units of Shuaa Partners Acquisition Corp I at $10 per unit
02/23/2022
Kamco completes 22 banking deals worth $4.8bn in 2021
The Mergers & Acquisitions team successfully concluded six landmark transactions during the year, including three sell-side and three buy-side transactions, totalling to $336 million.
02/21/2022
Kamco Invest reports net profit
Total revenue almost doubled to reach KWD30.1mln of which fees and commission represent 67.2%
02/17/2022
SICO named Best Investment Bank in Bahrain
At Global Finance World's Best Investment Banks 2022 Awards for third consecutive year
02/16/2022
Targeting EFG
A leading Emirati lender wants to buy EFG-Hermes, Egypt’s largest investment bank, writes Sherine Abdel-Razek
02/14/2022
Saudi EXIM signed a memorandum of understanding with Natixis CIB for Banking Services
The memorandum aims to enhance the competitiveness of Saudi exporters in global markets
02/10/2022
Bahrain’s GFH reports nearly 87% surge in 2021 net profit
Company’s business units perform strongly despite Covid-19 challenges
02/10/2022
Egypt state investment bank NI Capital sets up new fixed-income fund
Siula paid out an annualised yield of 9.81%, making it the best performer of Egypt's 29 fixed-income funds, Metwally told Reuters.
02/09/2022
Lower expenses push SAIB’s net profit to $283m during 2021
The bank’s earnings per share edged up from SR1.25 to SR1.34 in 2021.
02/04/2022
Bank AlJazira sees momentous profit rally, hitting over $268m
Earnings per share went up from SR0.04 in the prior year to SR1.18 in 2021.
02/02/2022
Spanish investment bank Alantra launches Dubai office
Dealmaking was up 60% in the Gulf in 2021 amid a global M&A boom which last year topped $5 trillion for the first time ever. read more
02/01/2022
MENA investment banking fees rise as M&A activity soars in 2021
Refinitiv research shows investment banking fees totalled $1.4bn, the second-highest total on record
01/27/2022
Citi to transform EMEA headquarters in major London refurbishment
Citi Tower project demonstrates confidence in London as a global financial centre