Goldman Sachs, QNB said to lead Travelex buyout debt refinancing
Goldman Sachs Group and QNB have been hired to raise $1bn to refinance debt that a UAE-based entrepreneur used to…
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QNB profit jumps 10%
QNB yesterday reported a 10% jump in net profit to QR5.6bn in the first six months of this year on…
Saudi British Bank beats forecasts despite 1.71 pct Q2 net profit fall
Saudi British Bank , the kingdom's sixth-largest bank by assets, posted a 1.71 percent drop in its second-quarter net profit,…
Libya investment fund seeks management right amid freeze
The head of the Libyan Investment Authority has launched a campaign to try to convince the world - and Libyans…
Moody's and Fitch assign IBQ investment grade status
International Bank of Qatar has received investment grade credit ratings of "A2" and "A+" assigned by Moody's and Fitch respectively.…
Financial Results For The Six Months Ended 30 June 2015
QNB Group , one of the World's Strongest Banks and the leading bank in the Middle East and North Africa,…
Dubai's DAE closes StandardAero sale to private equity firm
Dubai Aerospace Enterprise, one of the largest aircraft leasing firms in the Middle East, has announced it has closed the…
PEP soars at King & Wood Mallesons EUME
Profit per equity partner soared 39% to £610,000 on income up 7% to £191m in 2014/15. William Boss, managing…
WB urges GCC states to improve quality of financial intermediation
Despite its depth, the GCC financial sector has not produced the expected inclusive growth-enhancing benefits, signalling a 'quality gap' with…
Ibdar Bank appoint new chief investment officer
Ibdar Bank, a Bahrain-based wholesale Islamic investment bank, has appointed Ahmed Al Rayes as its chief investment officer. Effective…
CI affirms ratings of Arab National Bank
Ratings are constrained by the Bank’s relatively low capital adequacy ratio, low stocks of MLT funding, high related-party exposure and…
Dubai plans new sukuk channels as listings top other centres
Dubai has overtaken other financial centres in listing Islamic bonds on its exchanges, and is mounting a global drive to…