Egypt repays last Qatar debts amid tensions
Egypt has paid $1 billion (Dh3.67 billion) to Qatar, marking the last tranche of debts to the Gulf nation, an…
Investment Banking
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HSBC Bank Middle East Limited Completes Transfer To The Dubai International Financial
HSBC Bank Middle East Limited confirms it has transferred its place of incorporation and head office from Jersey to the…
HSBC Bank Middle East completes transfer to the DIFC
HSBC Bank Middle East Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc said on Thursday that it has transferred…
Wall Street on Saudi Arabia charm offensive as bankers chase deal bonanza
When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the…
Saudi Arabia Mega Deal Spurs Record First Half for Gulf Loans
HSBC Holdings Plc is back on top, Mitsubishi UFJ Financial Group Inc. has tightened its grip on second place, while…
EuroMena III Successfully Concludes Its Third Deal by Investing in Credit Libanais, One of the Leading Banks in Lebanon
The EuroMena Fund is pleased to announce the investment of USD 20m in the capital of Credit Libanais SAL, one…
Every Banker in the World Is Chasing the Saudi Aramco Deal
When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the…
UAE-based expat killed in Somalia attack
A UAE-based Somali expat was among at least 15 people killed in an attack on a hotel in Mogadishu on…
IBQ Wins Citi 'Straight Through Processing' Award
An award recognizing the superb delivery of commercial payments and handling transactions in U.S. dollars has been given to International…
RAKBANK partners with Entrepreneurs' Organization UAE
Dhiraj Kunwar, Director of Business Banking at RAKBANK, said, “Through this alliance, RAKBANK reinforces its commitment to the growth and…
Italian bank Intesa to open Abu Dhabi office
The Italian banking group Intesa is preparing to open shop in Abu Dhabi, according to Bloomberg. It was not…
Abu Dhabi megabank deal poised to shatter Mideast M&A record
Abu Dhabi’s planned combination of two of its largest banks could set a record as the biggest merger and acquisition…