UK private credit manager opens Dubai office to launch Gulf growth
Pemberton, a European private credit manager with nearly $16 billion of assets under management, has announced the opening of an…
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Credit Suisse hires Berenberg analyst to lead EMEA healthcare investment banking -memo
Credit Suisse has hired a senior Berenberg analyst to lead its healthcare investment banking franchise in EMEA in a bid…
Turkey May Spend $3.8 Billion to Boost State Banks’ Capital
Turkey plans to inject 51.5 billion liras ($3.8 billion) into state banks to ensure they keep lending to businesses after…
'Malicious': War of Words Breaks Out Between Big Law and Offshore Firms In $100M Kuwait-Cayman Case
An increasingly vitriolic war of words has broken out between the lawyers of a private equity fund and those acting…
HSBC names new trade product and propositions head for Mena and Turkey
HSBC has appointed Syed Imtiaz Hussain as regional head of product and propositions, global trade and receivables finance (GTRF), for…
Sequoia Capital India makes Gulf debut with $33 million investment in Saudi fintech Lean Technologies
Saudi fintech start-up Lean Technologies has won a $33 million Series A round funding injection from Sequoia Capital India, marking…
Personal web and mobile experience key to Mideast banks’, fintechs’ customer retention
The Middle East’s financial institutions are drawing up massive plans to engage and retain customers, by leveraging innovation-based digital approaches.…
Faisal Islamic Bank Egypt reports 30.3% growth in 2021 standalone profit
Faisal Islamic Bank of Egypt (FAIT) reported a 30.3% year-on-year increase in standalone net profit for the year ended December…
Franklin Templeton appoints Global Head of Sustainability
Franklin Templeton today announced the appointment of Anne Simpson as Global Head of Sustainability, a newly-created role charged with driving…
ADIB Reshuffles Top Leadership Days After New CEO Takes Charge
Abu Dhabi Islamic Bank PJSC, the second-biggest Sharia compliant lender in the United Arab Emirates, has unveiled a series of…
Sharjah Islamic Bank's net profit up 27%
Sharjah Islamic Bank (SIB) recorded net profit of AED514.1 million for the year ended in 31st December 2021, an increase…
MENA investment banking fees totalled $1.4bln in 2021
Investment banking fees in the Middle East & North Africa (MENA) totalled $1.4 billion in 2021, up 3 percent from…