Standard Chartered faces new scrutiny over Iran business ties
Standard Chartered Bank continued to do business with Iran and Iranian –related companies, even after committing in 2007 to stop…
Investment Banking
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Barclays banker in Qatar deal sues over pay
Richard Boath, who is still working at Barclays as its chairman of financial institutions in Europe, Middle East and Africa…
UAE at top position for job postings
The UAE has claimed the leading position for job posting in the Middle East, the August 2015 Monster Employment Index…
Net interest income, lower provisions boost GCC banks' profits
Net earnings of GCC banks increased 8.8 per cent year-on-year to $5.8 billion Dh21.286 billion in Q2 2015, mostly due…
Investments in Indonesia from Middle East Up: BKPM
Indonesia's Investment Coordinating Board, BKPM, is seeing a growing trend in investment from Middle Eastern countries, especially from the United…
Saudi government to compete with private sector for bank funding
The International Monetary Fund said that the Saudi Arabia’s plan to meet large fiscal deficits through debt financing will help…
Wells Fargo Names Regional President for EMEA
Wells Fargo has announced that Frank Pizzo, a 17-year company veteran, has been named the new regional president for its…
World Bank's IFC sets final spread for $100 mln 5-yr sukuk – leads
International Finance Corp , a unit of the World Bank, has set final spread for its $100 million sukuk, which…
Qatar's regulator to grant licences to GCC banks
Qatar's central bank is to grant licences to Gulf Cooperation Council banks to open branches in the state, the government…
Gulf firms turn to banks to fund big projects as state coffers squeezed – SocGen
Gulf state-owned firms are increasingly turning to banks to finance infrastructure projects, according to Societe Generale, as governments hit by…
Credit Suisse Said to Hire Deutsche, BofA Analysts in Dubai
Credit Suisse Group AG, which is boosting its focus on managing money for rich clients, hired two analysts in Dubai…
HSBC Middle East in Corporate Shakeup
HSBC is shifting investment to Asia, the bank’s best- performing region James Milligan, head of trading for HSBC Holdings in…