Investment Banking

Investment Banking

UAE's RAKBANK arranges $15 million long term financing solution to Seylan Bank in Sri Lanka

December 2, 2016

RAKBANK has announced the arrangement of a five-year US$15 million long term loan facility to Seylan Bank, a financial institution…

Read More

Comment & Analysis

Interest remerging in MENA banks, especially Egypt, UAE, Saudi Arabia: HSBC Global Research report

November 29, 2016

A report released by HSBC Global Research on Tuesday titled “Middle East/Africa Banks US marketing feedback: what the buy-side thinks”…

Read More

FinTech

Bank of Jordan Opts for Wolters Kluwer’s Risk Software

November 28, 2016

Bank of Jordan has chosen Wolters Kluwer’s OneSumX to provide its risk software after a competitive tender process.    The…

Read More

Investment Banking

Saudi's Alawwal Bank comfortable with capital position

November 28, 2016

Saudi's Alawwal Bank, formerly known as Saudi Hollandi Bank until a rebranding this week, has no plans to increase capital…

Read More

Executive Moves

Al Ramz Corporation launches investment management division

November 28, 2016

The asset management division will be headed by the newly appointed Chief Investment Officer Mr. Shehzad Janab who brings with…

Read More

Investment Banking

Barclays executive fired over SFO-Qatar interview, lawyer says

November 25, 2016

A former Barclays executive was unfairly dismissed after the bank received a copy of his interview with UK prosecutors over…

Read More

Investment Banking

Banking sector stays healthy on capital and low delinquency, says Sheikh Abdulla

November 25, 2016

The Qatar Central Bank has said banking sector remains 'healthy on adequate regulatory capital and low loan delinquency.   The…

Read More

Investment Banking

Emirates NBD Asset Management announces strong returns on global strategies following successful partnerships

November 23, 2016

Emirates NBD Asset Management today celebrates three years of successful partnership with Jupiter Asset Management.   The partnership sees Jupiter…

Read More

Investment Banking

Saudi Investment Bank closes 500m riyals sukuk

November 22, 2016

Saudi Investment Bank closed a 500 million riyals, $133.3 million Tier 1 sukuk sale, the bank said on Tuesday.   …

Read More

Financial Results

Saudi's Fawaz Alhokair closes in on loan for $1.1 bln Arab Bank stake buy -sources

November 21, 2016

Saudi Arabia's Fawaz Alhokair family aims to secure funding by next week to buy Saudi Oger's 20.93 percent stake in…

Read More

Investment Banking

Citi expects strong growth in Middle East investment banking business in 2017

November 21, 2016

Capital markets activity, particularly debt issuance and mergers and acquisitions are expected to pick up pace in the Gulf Cooperation…

Read More

Awards and Recognition

Standard Chartered named The Best Regional Consumer Digital Bank for Middle East & Africa for the fifth consecutive year

November 21, 2016

Standard Chartered Bank has been named The Best Regional Consumer Digital Bank for Middle East & Africa by Global Finance…

Read More