US brokerage seals partnership deal with Arqaam
Auerbach Grayson & Company, a New York-based brokerage firm specialising in global trade execution and exclusive in-depth research on developed,…
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The rise of open banking
For years, mid-tier banks have been told they’re potentially heading for extinction. The barbell effect dictates that the middle…
Auerbach Grayson partners with Arqaam Capital to expand coverage in the ME and SA
Through its partnership with Arqaam Capital, Auerbach Grayson will provide its U.S. institutional clients with opportunities for investment in Saudi…
2016 represents a 'Year of Firsts' for 'DIFC'
Dubai International Financial Centre, the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia region has…
UAE lenders NBAD, FGB post financial position of merged entity
The National Bank of Abu Dhabi and First Gulf Bank on Monday posted preliminary figures on the financial position of…
NBK Capital acts as global coordinator for EQUATE Sukuk
Watani Investment Co K.S.C.C., NBK Capital acted as Global Coordinator and Joint Arranger in the establishment of Equate Sukuk SPC…
CBB Sukuk Al-Salam securities subscribed
Subscriptions worth BD 43 million were received for the BD 43 million issue, which carries a maturity of 91 days.…
Al Khalij posts net profit of QAR 427 million for 2016
His Excellency said, “In 2016, we retained our strong market position while developing the necessary safeguards to ensure our shareholders…
Kuwait Wealth Fund Head Al Saad Said to Step Down After 14 Years
Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world’s…
Bahrain's SICO announces 2016 results
Securities & Investment Company, licenced by the Central Bank of Bahrain as a conventional wholesale bank, announced today its financial…
Proposed three-way merger would be beneficial for Qatari Banks
The merger is currently at due diligence stage and will be subject to approval by the relevant authorities and the…
Goldman Sachs MD quits to join brokerage in Abu Dhabi
A Goldman Sachs managing director who moved from London to Dubai before the financial crisis hit, has just taken a…