Saudi banks' liquidity positions resilient
Large Saudi banks continue to report liquidity coverage ratios above 100 percent despite a 30 percent outflow of government-related deposits…
Investment Banking
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Citigroup Accelerates Saudi Return Plans With Megabond Mandate
More than a decade after quitting Saudi Arabia, Citigroup Inc. is winning more high-profile deals in the kingdom and quietly…
Tel Aviv's Pub Hub wins startup award
The Pub Hub won the Credit Suisse, OurCrowd and Tadmor & Co. Yuval Levy & Co, Pitching Ring Award 2016…
Egypt's banking sector needs new policies to thrive: Booz Allen Hamilton
Booz Allen Hamilton released a report entitled The New Economic Norm: How Egyptian Banks Must Adapt to Thrive, in which…
KAMCO appoints Ruben Fernandez as Chief Financial Officer
KAMCO Investment Company KSC (Public) is pleased to announce the appointment of Mr. Ruben Omar Fernandez as Chief Financial Officer.…
Standard Chartered launches 'Banking the ecosystem' strategy to support global trade
Standard Chartered Bank has launched ‘Banking the ecosystem’, a global strategy that will connect business communities and facilitate increased trade,…
UAE lender UNB mandates banks ahead of potential bond issue
Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, said on Thursday it had mandated six banks…
Keeping up with constant change
The Central Bank of the UAE published qualitative and quantitative liquidity management requirements for UAE banks. This is the…
Credit Agricole hires Sfeir as returns M&A Advisory to the Gulf
Credit Agricole has appointed Marc Sfeir to head its mergers and acquisitions business in the Middle East, sources aware of…
International banking unit: SBI’s GIFT City unit to deal in ECBs & trade credit
The State Bank of India became the seventh bank to open an International Banking Unit at the GIFT City campus…
Kuwait’s banking system outlook remains ‘stable’
Moody’s Investors Service’s outlook for Kuwait’s banking system remains stable, reflecting the rating agency’s expectation of continued government spending and…
UBF welcomes Bankruptcy Law
The CEO Advisory Council of the UAE Banks Federation UBF, the professional body representing 49 banks in the UAE, on…