Exit planning and M&A priority for GCC businesses”: Expert
Specialist corporate finance firm Lumina Capital Advisers Ltd, which provides services related to M&A, equity capital, debt advisory and infrastructure…
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Half of Iran's banks should close or merge, top banker says
The number of banks in Iran should at least halve over the next six years, with closures and mergers needed…
GoCompare makes first overseas investment in Middle East with Dubai-based comparison site
Price comparison site GoCompare has announced its first overseas investment with the acquisition of a stake in a Middle Eastern…
Mashreq launches Neo digital bank for millennials
Dubai-based Mashreq has confirmed its future as a branchless bank, with the launch of its digital entity Mashreq Neo. …
Bank Hapoalim: US tax settlement may be higher than $200m estimate
Israel’s Bank Hapoalim says the settlement of a tax probe by US authorities may be “significantly higher” than the $200m…
Need seen for more convertible bond issuance in GCC
Key economic programmes such as Saudi Vision 2030 and projects such as Dubai Expo 2020 will facilitate greater investor interest…
Barclays taps Reid Marsh to run banking outside of the Americas
Barclays has appointed a senior industrials investment banker to oversee its banking activity outside of the Americas. Reid Marsh,…
J. Safra Sarasin to buy Hapoalim's Swiss/Luxembourg business
Swiss private bank J. Safra Sarasin Group has agreed to buy Bank Hapoalim’s private banking businesses in Luxembourg and Switzerland,…
A Digital Bank for the Connected Generation
As the digital future becomes inevitable, a one-size-fits-all approach in banking does not work anymore, and financial institutions that adeptly…
Bank Negara: Islamic finance will focus on quality growth
Malaysia is second only to Saudi Arabia in terms of Islamic banking in the world. Of the US$71 billion Syariah-compliant…
Oman 'to look east' to China, India for future investment
Oman is likely to look to markets outside the GCC for investment opportunities in the coming years, according to a…
Richard Branson to invest in Saudi Arabia tourism project
Richard Branson has committed to investing in a luxury tourism project in Saudi Arabia, aiming to transform a stretch of…