Saudi Fransi Capital CEO Said to Resign
Yasir Al Rumayyan, chief executive officer of Saudi Fransi Capital, left the bank for a role at the court of…
Investment Banking
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Gulf International Bank reports $85.6m income
Bahrain-based Gulf International Bank yesterday reported consolidated net income of $85.6 million for the year ended December 31, as against…
Abu Dhabi Commercial Bank to meet investors from Monday for potential USD bond
bu Dhabi Commercial Bank (ADCB) is planning to meet fixed income investors from Monday for a potential benchmark U.S. dollar…
Qatari banking sector loan book drops 1.4% in January
Pulled down by the public sector, Qatari banking sector’s loan book decreased by 1.4% month-on-month (MoM) in January, QNB Financial…
Oman's BankDhofar working with two advisers for raising its capital
BankDhofar is working with National Bank of Abu Dhabi (NBAD) and Standard Chartered as it studies options for raising its…
ETI Gets $1bn Funding in Six Months
Ecobank Transnational Incorporated, the parent company of the Ecobank Group has raised about $ 1billion in the last six months…
UAE bank bonds dominate Gulf as companies absent
For the first time since 2009, the number of Gulf corporate bond sales this year is zero. Banks have been…
Oman's Bank Dhofar working with two advisers on capital plans
Oman's Bank Dhofar is working with National Bank of Abu Dhabi and Standard Chartered as it studies options for raising…
MoF and Umm Al Quwain e-Government sign agreement to implement e-Dirham system
The signing ceremony, which took place at the Crown Prince’s court in Umm Al Quwain, was signed by HE Younis…
Emirates NBD Asset Management scoops three awards
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, a leading bank in the region, has once…
GIB gets Safest Bank ranking in Bahrain for 2014
Gulf International Bank BSC was named the Safest Bank in Bahrain for 2014 by New York-based Global Finance magazine. …
Why are some of the world's biggest banks leaving the UAE?
Going, going, gone. First it was the Royal Bank of Scotland, then Lloyds, Barclays and Standard Chartered. Foreign banks…