Saudi bourse asks banks to pitch for IPO advisory roles
The Saudi Stock Exchange has asked banks to pitch for roles advising on its own initial public share offer, sources…
Investment Banking
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Egypt Approaches JPMorgan, FGB as Bank Markets Local Debt
National Bank of Egypt officials met with banks in the United Arab Emirates, including JPMorgan Chase & Co., as the…
Ex-Leeds Utd MD David Haigh acquitted in Dubai on Twitter abuse charges
The former managing director of Leeds United, has been acquitted in Dubai over charges relating to a tweet, according to…
Gulf banks expected to struggle on profit growth
Arabian Gulf banks may struggle to maintain profit growth rates of previous years as lower oil prices crimp regional economic…
Offering United Bank for sale still pending: chairman
The United Bank is set to be sold but the when and how is yet to be decided; the Central…
Saudi Arabia Tells Foreign Banks to Publicly Disclose Finances
Saudi Arabia is telling international banks to publicly disclose financial statements for the first time as the kingdom’s regulator seeks…
Bahrain spotlighted as banking, investment hub
Bahrain Asset Managers Association (BAMA) today announced that it will host a high level panel discussion on March 29 on…
Akanar Partners becomes part of Arqaam Capital's investment banking division
Arqaam Capital , the specialist emerging markets investment bank, today announced the successful merger of Akanar Partners, a dedicated corporate…
Abu Dhabi based Aabar Investments signs €3.6 billion loan facility with global banks
Aabar Investments PJS , an Abu Dhabi-based diversified investment company, has agreed and signed a €3.6 billion loan facility with…
Qatar said to eye Turkish banking, agricultural investments
Qatar is reportedly in talks to buy stakes in a number of Turkish bank following a deal agreed by Qatar…
Woori Bank to take part in aircraft finance in Middle East
South Korea’s Woori Bank will take part in the aircraft finance market in the Middle East for the first time…
Middle East’s wealthiest say economy will get worse before it gets better
Almost half of the region’s richest individuals predict that the global economy will get worse before it gets better, according…