Turkey plans to join China-led Asian infrastructure bank -Treasury
Turkey intends to become member of the China-led Asian Infrastructure and Investment Bank, the Treasury said on Thursday. At least…
Investment Banking
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Egypt's Arab Investment Bank and IDB unit launch leasing firm
Egypt's Arab Investment Bank and the private sector arm of the Islamic Development Bank will launch an Islamic leasing firm…
Arab Jordan Investment Bank implemented professional Risk Engine
Arab Jordan Investment Bank, one of Jordan’s leading investment and commercial banks has gone live with the Loxon Basel II…
NBK considering issuance of USD perpetual Additional Tier 1 securities
The transaction would be used to boost NBK’s capital as per Basel III requirements and the directives of the Central…
Barclays Taps New GC for Europe and the Middle East
Barclays has promoted Simon Croxford to general counsel for investment banking for the Europe and Middle East region, according to…
Citi named best bank
EMEA Finance magazine has named Citi "Best Foreign Investment Bank" for the fourth year in a row and "Best Foreign…
Khaleeji Commercial Bank Signs MOU with Gulf Air
Khaleeji Commercial Bank recently signed a Memorandum of Understanding with Gulf Air , the national carrier of the Kingdom of…
Habib Bank Limited launches its new Jumeirah Branch in Dubai
HBL , the largest bank in Pakistan has opened its eighth branch in the UAE on March 23, 2015. The…
Deutsche Securities Saudi Arabia appoints Chief Economist
Deutsche Securities Saudi Arabia, a CMA licensed securities firm wholly owned by Deutsche Bank AG, has announced the appointment of…
Controversial Bank Asya decision sparks uncertainty, scares investors
A recent crackdown on Turkey's largest Islamic lender, Bank Asya, continues to fuel uncertainty in the economy, with several foreign-owned…
FGB sells 45% of stake in brokerage firm
First Gulf Bank announced on Monday that the sale of its 45 per cent stake in brokerage firm, First Gulf…
Bahraini Bank Funds Seek Ch. 15 Relief For Liquidation
Seven special-purpose funds owned by defunct Bahraini investment bank Awal Bank BSC sought bankruptcy protection in New York on Thursday…