Qatar's QInvest exits $62m luxury London homes project
QInvest, the Qatar-based Islamic investment bank, has announced its exit from the St Edmund’s Terrace LP Fund which invested £50…
Investment Banking
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China's giant ICBC bank to invest $20 billion in Egypt over 10 years
The world’s biggest lender by assets, state-owned Industrial and Commercial Bank of China Limited will invest $20 billion in Egypt…
Evercore to plan Dubai office amid Aramco IPO talks
Evercore Partners Inc, the investment bank founded by Roger Altman, is planning to open an office in Dubai as it…
PEPPER by Leumi Goes Live! – New Mobile Bank Offers a Smart, Transparent, Technological Alternative to Traditional Banking
"Pepper" offers personalized content and insights that help customers manage their money better At the same time the mobile…
Ahli United Bank BSC net profit surges by 6.2% to $570.6 million
Ahli United Bank BSC reported a net profit attributable to its equity shareholders of $570.6 million for the year 2016,…
Tadawul appoints first female Chairperson
Al-Suhaimi is currently the Chief Executive of investment bank NCB Capital, and will continue in this role. Al-Suhaimi takes…
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…
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…
UAE's Gulf Navigation reaches deal with DVB, BNP Paribas and DNB
Gulf Navigation Holding, GulfNav, has announced that it has reached a full and final settlement with DVB Bank SE, BNP…
JP Morgan confident of retaining share of Middle East investment bank fees
JP Morgan said it expects to keep its market share of investment bank fees in the Middle East steady in…
Emirates NBD clears 40% cash dividend
The annual general meeting of Emirates NBD, a leading bank in the region, on Sunday approved the distribution of 40…
Sarah Al Suhaimi to Become the First Woman to Head Saudi Arabia's Stock Exchange
NCB Capital Co. Chief Executive Officer Sarah Al Suhaimi will become the first woman to chair Saudi Arabia’s stock exchange,…