Dubai's Mashreq applies for Saudi banking licence
Mashreq, Dubai’s third-largest bank by assets, has applied to Saudi Arabia’s central bank for a banking licence as it seeks…
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Mashreq announces new Head of Marketing & Mashreq NEO
Mashreq Bank, the UAE’s leading financial institution, announced the joining of Sridhar Iyer as Head of Marketing & Head of…
Russian bank VEB opens office in Abu Dhabi
Vnesheconombank (VEB), a Russian development bank, has opened its representative office in Abu Dhabi, UAE as part of its Middle…
Government Reforms Help Drive Middle East M&A
Middle East companies are returning to mergers and acquisition and other forms of strategic alliances such as joint ventures and…
Turkey, Iran help wealthy Qatar thrive, 1 year into blockade
It's been a year since three of Qatar's neighbors plus Egypt severed ties with the Gulf state, cut off exports,…
Cryptocurrencies – from Wild West to widespread adoption
It might be tempting to suggest that the cryptocurrency bubble has if not burst then deflated rather considerably. At…
Societe Generale settles Libor and Libya investigations as analysts cast doubts on potential for Unicredit tie-up
French banking giant Societe Generale today announced the settlement of US and French legal actions for allegedly rigging the Libor…
Iran: Gulf States Take Measures Against Illicit Financial Transactions
The United States has been cracking down on Iran for several months now. President Donald Trump has vowed to curb…
Resurgent Middle Eastern investors target new global opportunities
Fueled by a resurgent oil price, Middle Eastern buyers are once again stepping up their overseas real estate investments, making…
First Abu Dhabi Bank appoints new CEO for UK operations
First Abu Dhabi Bank (FAB) has appointed Paul Hartwell as Chief Executive Officer of the bank’s operations in the United…
Abraaj expands role of Houlihan Lokey as creditors circle -sources
Abraaj has expanded U.S. investment bank Houlihan Lokey’s role to include advice on the sale of its investment management unit…
RBC Global Asset Management Continues to Expand Distribution Team in Europe
RBC Global Asset Management today announced the appointment of Guinevere Taylor as Associate Director, EMEA Business Development. Based in…