12/17/2020
NatWest Markets and Santander sell shares in Saudi British Bank
Citigroup Saudi Arabia and Goldman Sachs Saudi Arabia acted as joint bookrunners and joint brokers on the transaction.
Investment Bank
12/11/2020
BNY Mellon Wins Global Custodian of the Year at the Global Investor MENA Awards
This recognition underscores the breadth and depth of our asset servicing solutions and capabilities in the region, and our ability to support clients’ evolving needs.
12/04/2020
Jordan inks USD314.63m credit with European Investment Bank
The report stated "The implementation of these projects will improve the resilience of the water supply sector and support adaptation to climate change, as well as creating jobs during both the construction phase and the operation of the facilities&a
12/01/2020
Investment banks stick with Gulf despite falling fees
Drop in receipts belies opportunities, bankers say
11/03/2020
Ralph Hamers' First Task: Expansion to Qatar
The country is one of the world’s largest producers of liquid gas, which made Qatar extremely wealthy.
10/28/2020
UAE's largest bank sees profits dip amid 'unprecedented' market conditions
First Abu Dhabi Bank CEO says lender has delivered 'resilient' performance so far in 2020
10/13/2020
Qatar's economic fundamentals show country 'primed' for future growth: HSBC regional chief
The monetary policy response to Covid-19 meanwhile has provided broad support to both the private and public sectors.
10/08/2020
Standard Chartered Bank fires its employees in the Emirates
The job cuts will be in the bank’s retail and global banking division, Bloomberg cited two sources familiar with the matter.
10/08/2020
BNY Mellon Expands in Saudi Arabia, Partners With NCB Capital
Through this partnership, the bank is seeking institutional investors in Saudi Arabia for its “global custody and associated asset-servicing activities.
10/02/2020
The Banker's Investment Banking Awards, 2020
Banks that have shown tenacity and determination to keep going and drive through deals within the most challenging of circumstances have come out on top in The Banker’s Investment Banking Awards for 2020.
10/02/2020
Top banks set climate targets for loans and investments
The consortium is now zeroing in on how financial firms should change their lending and investing activities.
10/01/2020
GFH holds Ordinary General meeting of shareholders
The assembly has also elected A new ten person Board for the next three- year period
09/30/2020
HSBC named ‘Best International Bank in the Middle East’
HSBC has a long and proud history in the Middle East and it is a region prioritised for growth by HSBC Group.”
09/29/2020
Credit Agricole to Build Its Own Saudi Bank After Stake Sale
The stock of Riyadh-based Saudi Fransi rose as much as 1.9% to 32.80 riyals, adding to gains of 0.6% on Sunday, when details of the transaction were first reported.
09/28/2020
Italian group Intesa Sanpaolo increases stake in Bank of Alexandria to 80%
The Bank of Alexandria had previously announced that for the first half of 2020, its assets exceeded 103.8 billion Egyptian pounds ($6.58 billion) and achieved a net profit of EGP 1.36 billion pounds,.
09/24/2020
Emirates NBD Capital named Sukuk Lead Manager of the Year 2020 by GIFA
Emirates NBD Capital currently holds a leading league table position in international Sukuk and MENA bonds with over 150 transactions successfully completed since 2015 across GCC, Turkey, India, China and Indonesia.
09/18/2020
Egypt-Based EFG-Hermes Sells Controlling Stake In British Solar Project For $647M
Keen to develop another renewable energy portfolio, EFG-Hermes is now looking beyond Asia for investments.
09/15/2020
Japan's Nomura cuts investment banking jobs in Dubai
Tokyo-based brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other offices
09/08/2020
National Bank of Oman Brings in Global Expert for Online Event on European Equity Markets
National Bank of Oman (NBO) recently held a virtual event in collaboration with Franco-German financial group, Oddo BHF
09/03/2020
Saxo Bank MENA region client base grows by more than 150% contributing to a sizeable increase in Group net profits
More than 80,000 new active clients joined the group across all global markets in the first half of 2020