A&O advises on sale of stake in The Saudi British Bank in rare accelerated bookbuild
A team of A&O lawyers based across London and Dubai have advised NatWest Markets plc and Banco Santander S.A. in…
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Swissquote MEA announces opportunity for smart long-term investments in gold
As investors across the globe look for safe havens such as gold during turbulent economic times, Swissquote Bank Ltd has…
Russia's Sberbank to target Middle East investors with UAE subsidiary
Russia's largest lender Sberbank SBER.MM has received approval in principle to open an office in the United Arab Emirates to…
New partner to lead Triago's growth in the Middle East
Hired as Partner and head of the group’s Dubai office, Khuram Maqsood will lead Triago’s ongoing expansion in the Middle…
Business travel in the Middle East to make a comeback in 2021?
Business travel, as with the rest of the aviation sector, has been severely impacted by COVID-19 and video conferencing trends,…
First Abu Dhabi Bank partners Aldar for card-based payment to property tenants
First Abu Dhabi Bank is partnering Aldar Properties’ real estate management firm Provis to provide consumer card payments for customers.…
Tanzania eyes Qatari investments in its ICT, energy, other sectors, says envoy
The United Republic of Tanzania is seeking Qatari investments in various sectors following a ‘massive reform’ to transform the East…
Bank of Bahrain and Kuwait to take over Ithmaar Bank’s Bahrain operations
The Bank of Bahrain and Kuwait, one of the biggest commercial banks in Bahrain, and Ithmaar Holding have agreed on…
SABB wins ‘Saudi Arabia’s Best Bank 2020’ award
The Saudi British Bank has been named the “Best Bank in Saudi Arabia for 2020” by Global Finance magazine, an…
Japan's Nomura cuts investment banking jobs in Dubai
Nomura Holdings has cut about a half dozen investment banking jobs in Dubai, as Japan’s biggest brokerage shrinks its Middle…
Deutsche Bank appoints Loïc Voide and Kees Hoving as Co-CEOs for the Middle East and Africa
Deutsche Bank has announced the appointment of Loïc Voide and Kees Hoving as Co-Chief Executive Officers (Co-CEOs) in the Middle…
Wealthtech Spending to Reach US$24B Annually by 2023
With COVID-19 accelerating digital transformation, wealth managers are expected to increase tech spending to reach approximately US$24 billion annually by…