Austria ready to boost banking co-op with Iran
Austrian banks are ready to boost cooperation with Iran, Austrian Finance Minister Hans Jörg Schelling said after a meeting with…
Investment Banking
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Egypt's EFG Hermes says head of investment banking Guindy resigned
EFG Hermes' head of investment banking, Ahmed El Guindy, has resigned from his position with the Egyptian investment bank, it…
Fund platform to ease European market access for Asian, African and Middle Eastern fund strategies
Standard Chartered Bank together with FundRock Management Company S.A. are launching a new multi-manager fund platform solution for Asian, African…
Emirates NBD supports SME clients
Emirates NBD, a leading financial services institution in the region, recently announced that it will lend financing support to SME…
Saudi Arabia's Alhokair gets offer for Blanco
Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co has received an offer from a fund managed by a Dubai-based investment bank…
Wells Fargo Securities Names Head of EMEA
Wells Fargo Securities has announced that Alicia Reyes has been named the new head of Wells Fargo Securities in Europe,…
Abu Dhabi's TAQA mandates banks for U.S. dollar bond
Abu Dhabi National Energy Co mandated BNP Paribas, Citi, First Gulf Bank, HSBC, National Bank of Abu Dhabi and SG…
Iran To Launch Offshore Bank To Process International Payments
Iran is to launch an offshore bank on one of its Gulf islands “within a month”, according to a report…
Noor Bank lists $500 million Sukuk on Nasdaq Dubai
Noor Bank’s Sukuk is listed solely on Nasdaq Dubai and was the 11th Sukuk to list on the exchange this…
Abu Dhabi's ADFG, Al Mal Capital and Arqaam among Shuaa Capital bidders -sources
Abu Dhabi Financial Group, Al Mal Capital and Arqaam Capital are among the bidders for Dubai Group's 48.4 percent stake…
Saudi privatisation a treasure trove for banks
Saudi Arabia’s planned privatisations including a share sale in the world’s biggest oil company, represent the biggest investment banking opportunity…
Saudi Arabia hires HSBC banker to set up debt office
Saudi Arabia hired HSBC Holdings banker Fahad Al Saif to start a debt management office that will be responsible for…