Saudi British Bank beats forecasts despite 1.71 pct Q2 net profit fall
Saudi British Bank , the kingdom's sixth-largest bank by assets, posted a 1.71 percent drop in its second-quarter net profit,…
Investment Banking
3371 articles found
Goldman Sachs, QNB said to lead Travelex buyout debt refinancing
Goldman Sachs Group and QNB have been hired to raise $1bn to refinance debt that a UAE-based entrepreneur used to…
UAE banks building provisions to fend off possible bad debts
ADIB's cushion against bad debts is slightly over two per cent of its total loan portfolio, higher than the required…
Abu Dhabi Islamic Bank Looks to Expand Abroad
Abu Dhabi Islamic Bank, the United Arab Emirates’second-biggest shariah-compliant lender,is considering entering markets in South East Asia and Africa to…
QFB appoints Ziad Makkawi as CEO
Qatar First Bank has announced today the appointment of veteran financial services professional Ziad Makkawi as its chief executive officer.…
Nishat Group wants to go big
Pakistan’s Nishat Group plans to raise around $1.5 billion for big power projects in Pakistan and also looks to expand…
Oman banks comfortable in capital adequacy
Oman banks are in a comfortable position in maintaining capital adequacy ratio — an international standard that measures a bank’s…
Thailand’s troubled Islamic Bank seeks investors to turn around business
Thailand’s sole fully-fledged Shariah-compliant financial institution, state-owned Islamic Bank of Thailand, branded as IBank, has become the target of domestic…
Middle East to London: Success stories of agricultural investments
Often, profitable investments are those which meet the most important requirements of the world; food, water and fuel, to name…
Abu Dhabi lenders’ earnings grow 11% in Q1
The total net earnings of Islamic and commercial banks in Abu Dhabi climbed 11.2 per cent in the first quarter…
Standard Chartered Qatar appoints Head of Corporate & Institutional Clients and Financial Markets
Rajat will be responsible for the overall management of the Corporate, Institutional, and Financial Markets businesses in Qatar supporting the…
Gulf Finance House to sell unit via public offering, plans acquisition
Gulf Finance House is planning to make an acquisition this year and sell a unit in an initial public offering.…