UAE banks' deposits surge in July
The Central Bank announced that the Money Supply aggregate M1 decreased by 2.3 per cent month-on-month to Dh469.8 billion at…
Investment Banking
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Trade Bank of Iraq wins JPMorgan award for efficient electronic payments
The ‘JPMorgan Quality Recognition Award’ is divided into two groups, each designated by a SWIFT message type and features two…
Egypt's finance ministry names 4 banks to issue $3 bln eurobonds
Four international investment banks were selected by Egypt to issue 3 billion dollar-denominated eurobonds in the global bond market, the…
Abu Dhabi's NBAD set to launch MidEast's first green bond
National Bank of Abu Dhabi plans to start an investor roadshow next week to issue a benchmark-sized green bond, the…
Bahrain Institute of Banking and Finance launches outdoor, digital marketing campaign
The most recent phase of the Bahrain Institute of Banking and Finance’s outdoor marketing campaign works to endorse events hosted…
Standard Chartered Bank to launch biometric technology in Asia, Africa, and Middle East
Customers of Standard Chartered Bank across Asia, Africa, and the Middle will soon be able to access their mobile banking…
Iran’s finance ministry, Exim Bank of China sign MOU
The Iranian finance ministry and the Export-Import Bank of China inked a memorandum of understanding on financing economic and infrastructure…
Bank Alfalah, Careem sign agreement
Bank Alfalah and premier chauffeur-driven car hailing platform, Careem have signed an agreement to provide a hefty 25 percent discount…
Qatari bank with largest stake in UK broker Panmure Gordon to review portfolio after Brexit vote
Qatari investment bank QInvest, the largest shareholder in UK-based stockbroker Panmure Gordon, will be “carefully reviewing and stress-testing” its portfolio…
Qatar auctions $825M in first domestic government bond this year
Qatar's central bank has hailed the auction three billion riyal in government bonds as a success, Reuters reports. "It…
Global reports KWD5.8 million fee revenues and KWD895 thousand net profit in H1 2016
Global announced its financial results for the first half ended 30 June 2016 reporting fee revenues of KWD5.8 million and…
Bahrain Said to Mandate JPMorgan, BNP, StanChart for Bond Sale
Bahrain picked five banks including JPMorgan Chase & Co. to manage the third sale of Eurobonds by the Persian Gulf…