Merger of FGB, NBAD completed
The UAE market regulator, Securities and Commodities Authority, has issued a certificate completing the merger of First Gulf Bank and…
Investment Banking
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Three European development banks, EU launch $151 mln green economy facility in Egypt
The European Bank for Reconstruction and Development, along with Agence Française de Développement, the European Investment Bank and the European…
Deutsche Securities Saudi Arabia appoints Tamim Jabr as Chief Executive Officer
Effective immediately, Jabr takes over from Jamal Al Kishi, who as previously announced has become Chief Executive Officer for Deutsche…
Saudi Binladin creditors agree to $1.1 bln financing extension
Saudi Binladin Group’s creditors have agreed to extend by two years a 4 billion riyal ($1.1 billion) Islamic credit facility…
NBAD, FGB said to pick investment banking team for merged bank
National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC picked a new investment banking team as Abu Dhabi’s…
A roundup of Emirates Investment Bank’s 2017 GCC Wealth Insights Report
Emirates Investment Bank today published ‘GCC Wealth Insight Report’ for 2017. The Report is now in its fourth year…
Bahrain Middle East Bank says AN Investment to acquire 33.1 pct of bank
AN Investment confirms its firm intention to make a voluntary unconditional offer to acquire 33.1 percent of issued and paid-up…
UBF CEOs Advisory Council meeting charts the course for the UAE banking industry
The CEOs Advisory Council of the UAE Banks Federation, a professional representative body comprising 49 member banks operating in the…
Three European development banks, EU launch $151 mln green economy facility in Egypt
The European Bank for Reconstruction and Development, along with Agence Française de Développement, the European Investment Bank and the European…
New CEO for Deutsche Securities Saudi Arabia
Deutsche Securities Saudi Arabia (DSSA), a CMA licensed securities firm wholly owned by Deutsche Bank AG, has appointed Tamim Jabr…
M1 increases by 1.9 per cent: UAE Central Bank
The money supply aggregate M2 also increased. It went up by 1.1 per cent, from AED 1230.2 billion at…
NBAD, FGB Pick Investment Banking Team for Merged Bank
National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC picked a new investment banking team as Abu Dhabi’s…