Bahrain's BBK plans capital boosting bond by end of March – CEO
BBK, formerly known as Bank of Bahrain and Kuwait, plans to issue a 100 million dinar ($265.3 million) convertible bond…
Investment Banking
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‘Dubai’s regulatory network a big plus for foreign banks’
Dubai continues to grow as a banking hub connecting Europe, Sub Saharan Africa and the Middle East and several European…
Kuwait's Gulf Bank seeks shareholder approval for capital-boosting moves
Kuwait's Gulf Bank will ask shareholders to approve a number of measures it is considering to help boost its capital…
India: BankBazaar appoints ex-StanChart’s Aman Narain as CEO for international markets
BankBazaar.com, an online financial marketplace, has appointed Aman Narain as its chief executive officer for international markets, the company said…
Markaz named ‘Most Innovative Investment Bank in Middle East’
Kuwait Financial Centre “Markaz” announced winning the “Most Innovative Investment Bank in the Middle East” by Global Finance magazine, a…
ICBC plans benchmark dollar bond issue through Dubai branch – sources
Industrial and Commercial Bank of China, the country's largest bank by assets, is planning to issue a U.S. dollar-denominated bond…
GCC states must cut spending further, impose VAT to cope with low oil – IMF
Gulf Cooperation Council countries must reduce state spending even further and implement taxes to cope with the period of low…
Swicorp to host M&A Forum in Dubai
Swicorp, a leading investment banking, asset management and private equity firm in partnership with M&A International, announced today that it…
BNP Joins Schroder Taking Indonesia's Islamic Stock Funds Global
BNP Paribas SA, Manulife Asset Management and Schroder Investment Management Ltd. have set up global Islamic stock funds in Indonesia,…
Barclays accused of making 346 million pounds in ‘sham’ payments to Qataris
Barclays paid Qatari investors a total of £346 million ($498.45 million) in secret and dishonestly characterized payments to secure their…
Healthy market with huge potential
In its latest Top 100 Arab Banks ranking, published last October, The Banker commended the region-leading performance of Egypt’s financial…
Trade finance lifts StanChart as Gulf infrastructure work continues
Standard Chartered, the beleaguered emerging market bank, said it is getting some relief from trade finance in the Middle East…