Saudi's Riyad Bank beats forecasts with 1.6 pct Q2 net profit rise
Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 1.6 percent rise in second-quarter net profit on Sunday, beating…
Investment Banking
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UAE growth in credit demand slows in June quarter -c.bank
Growth in demand for business credit in the United Arab Emirates slowed during the three months through June, especially in…
HSBC wins ‘World’s Best Investment Bank’ award from Euromoney
HSBC has been declared the “World’s Best Investment Bank” by Euromoney at its 2016 Awards for Excellence ceremony held in…
Banque Saudi Fransi posts 3.2 pct rise in Q2 profit
Banque Saudi Fransi, a lender part-owned by Credit Agricole, posted a 3.2 percent rise in its second-quarter net profit on…
UNLU & Co: "Turkey's Best Investment Bank"
Turkey's leading investment banking services and asset management group ÜNLÜ & Co's performance was recognized by Euromoney in London last…
Banking sector remains profitable
Hamood bin Sangoor Al-Zadjali, Executive President of the Central Bank of Oman affirmed that the sharp and sustained decline in…
Albilad in S.A. selected IMSplus Custody to effectively manage their operations
Profile Software today announced that Albilad Capital, the investment arm of Albilad Bank, one of the largest banks in Saudi…
Oman Arab Bank launches new website
The site offers customers and visitors content in both Arabic and English including details on products and services and online…
A&O and Freshfields advise in $175bn bank merger
Allen & Overy and Freshfields Bruckhaus Deringer have advised on the creation of the biggest bank in the MENA region.…
Burgan Bank picks five for bond
HSBC, Emirates NBD, National Bank of Abu Dhabi, Standard Chartered Bank and Société Générale will manage the deal, according to…
FGB-NBAD boards clear merger; to create largest bank in Mena
First Gulf Bank PJSC and National Bank of Abu Dhabi PJSC announced today that their boards of directors have voted…
Dubai: a financial oasis in the Middle East turmoil?
The recent announcement that HSBC Bank Middle East Ltd. moved its incorporation from Jersey to Dubai, under the auspices of…