Abu Dhabi's crown prince is new chairman of ADIC in board revamp – WAM
The board of the Abu Dhabi Investment Council,an investment arm of the Abu Dhabi government, has been revamped with the…
Investment Banking
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Dubai Investments completes 59.66 per cent acquisition in Al Mal Capital
Dubai Investments PJSC has completed acquisition of 59.66 per cent stake in Al Mal Capital PSC, which when allied to…
Saudi lender NCB raises 1 bln riyal capital-boosting sukuk
Saudi Arabia's National Commercial Bank became the latest lender in the kingdom to announce the sale of a capital-boosting Islamic…
IndAsia Fund, Iran’s Middle East Bank form joint venture to tap investment
Ahead of the June 30 deadline for a possible accord among six nuclear power nations and Iran over sanctions against…
Qatar private sector loan growth picks up
Qatar's private-sector loan growth is picking up and local banks are benefiting from growing non-resident deposits and their expansion abroad,…
NBO picks arrangers for key dollar-bond issue
National Bank of Oman has mandated four banks for a capital-boosting bond, of up to $300 million, which it plans…
Israel’s Bank Leumi selects TradAir for its global FX Solution
Zahi Elias, Head of Trading at Bank Leumi said: “Bank Leumi is creating an extensive e-trading offering for our clients.…
HSBC, Citi Top Earners as Mideast Investment Bank Fees Gain
Investment-banking fees in the Middle East have risen 13 percent this year, with HSBC Holdings Plc and Citigroup Inc. leading…
Kassem Hejeij’s son takes over MEAB
Kassem Hejeij, charged by the U.S. Treasury with direct links to Hezbollah, officially resigned as head of the Middle East…
National Bank of Oman picks arrangers for capital-boosting bond -sources
National Bank of Oman has mandated four banks for a potential capital-boosting bond issue that it plans to print after…
HSBC gets license to buy Saudi stocks directly
HSBC Holdings has received a qualified foreign investor license in Saudi Arabia and traded shares on the bourse on Monday,…
BankDhofar Celebrates the Opening of New Salalah Airport
Reaffirming its position as a strategic partner and key contributor to the major development projects in the Sultanate, BankDhofar has…