VTB Capital Said to Close Dubai Equity Trading as Sanctions Hit
VTB Capital Plc, an investment banking unit of Russia’s second-biggest bank, closed its equity trading activity in Dubai, two people…
Investment Banking
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Israel and the new Asian Infrastructure Investment Bank
The announcement by the Israeli government that Israel will become one of the founding members of the new Asian Infrastructure…
Corporates perform in Q1
The first quarter financial results of companies in the major sectors that lead the UAE economy, such as banking and…
FIG banker leaves Credit Agricole in Middle East
Anil Jain has left Credit Agricole, where he was a senior coverage banker for financial institutions in the Middle East,…
Iran's Isolated Banks May Have Slow, Painful Return to Global System
Iran may be about to restore banking links with the rest of the world after years of separation, but the…
Doha Bank launches new financing options for SMEs under QDB’s Al Dhameen programme
Doha Bank has launched new financing options for small and medium enterprises under Qatar Development Bank’s Al Dhameen programme, a…
DIFC signs MoU with National Bank of Kazakhstan
Under the MoU, DIFC and NBK will support the development of synergies between the financial hub and organisations in Kazakhstan…
Shuaa Capital swings to net loss in Q1
SHUAA Capital has reported revenues of AED 44.0 million and a net loss of AED 1.6 million for the first…
EFG Hermes concludes $290 million offering of Egypt’s largest medical diagnostics company on LSE
EFG Hermes concluded today its successful advisory on Integrated Diagnostics Holdings Plc.’s Initial Public Offering on the London Stock Exchange…
GCC’s top 50 brands see 23pc rise in value
The total brand value for the Middle East’s top 50 brands has increased 23 per cent between 2014 and 2015…
GCC-French relations hailed
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has praised the GCC-French rapprochement, reflected by the participation…
Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent, dragged down by lower returns from its commercial…