Former HSBC exec joins Gulf Capital in Abu Dhabi
Mahmoud Atalla, previously co-head of distressed debt and loan trading at HSBC , has left the bank to join Abu…
Investment Banking
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Russia's Sberbank considers selling Turkish Denizbank
Sberbank, Russia's biggest bank by assets, is considering selling its Turkish unit Denizbank, four banking sources told Reuters, to help…
Qatar banking industry maintains the highest lending growth in region
Qatar’s banking industry, whose profitability rose 1.7% year-on-yearin the first quarter of this year against a 0.7% fall in the…
‘Best Investment Bank’ award shows NBK Capital’s dedication to excellence
NBK Capital was named “The Best Investment Bank in Kuwait” during the Euromoney Awards for Excellence 2016 that was held…
MoF signs cooperation agreement with UAE Central Bank
The agreement was signed by HE Younis Haji Al Khoori, Undersecretary of MoF, HE Mohammed Ali bin Zayed Al Falasi,…
Renaissance Capital Considers Opening New Investment Bank in Egypt
Renaissance Capital investment bank is considering the establishment of a new investment bank in Egypt by the end of 2016…
Dubai's Mashreq says CEO of investment unit resigns – statement
Mashreq, Dubai's third-biggest bank by assets, said on Thursday the chief executive of its investment unit, Abdul Kadir Hussain, has…
Dubai's biggest bank stays silent over Barclays Egypt interest
Dubai's biggest bank said on Thursday that it had "no critical information" over reports that it is to bid for…
Dubai Group to sell Shuaa stake to ADFG for Dh341m
Investment bank Shuaa Capital said on Wednesday that its biggest shareholder had agreed to sell its stake to Abu Dhabi…
Top Kuwait bank sees growth as country spends as much as it can
Kuwait’s biggest bank sees growth in the industry quickening this year as the government boosts spending to counter the effects…
Bahrain Institute for Banking and Finance joins Middle East Asset Management Forum
To optimize its proficiency level in asset management workforce training, the Bahrain Institute for Banking and Finance participated in the…
Dubai Group to Sell Shuaa Stake to Abu Dhabi Financial Group
Dubai-based investment bank Shuaa Capital PSC said its biggest shareholder agreed to sell its stake to Abu Dhabi Financial Group…