Emirates Investment Bank reports financial results for the full year 2014
Financial Highlights: Fiscal Year 2014 Net Profit up by 28% to AED 46.23 million (FY 2013: AED 36.23…
Investment Banking
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BAB and BIBF launch Bahrain Banks Annual Review 2014
The Bahrain Association of Banks and BIBF are pleased to launch of The Bahrain Banks Annual Review 2014, the most…
Middle East investment bank fees reach six-year high in 2014
Investment banking fees in the Middle East reached a six-year high in 2014 as a fourfold increase in revenue from…
Abu Dhabi’s banks look beyond the UAE’s borders
The banking sector performed strongly in 2014, led by Abu Dhabi’s raft of big-ticket projects, which have proved to be…
Gulf banks seen needing $35bn of capital by 2019, study shows
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
Gulf banks fuel Middle East aviation boom
Cash-rich Gulf banks are becoming bigger players in the region's aviation boom, helping carriers like Emirates, Qatar Airways and Etihad…
Doha Bank wins ‘Golden Peacock Global Award’ for CSR
Doha Bank has been awarded the “Golden Peacock Global Award 2014 for Corporate Social Responsibility” during the 9th International Conference…
Big UAE banks to benefit from $14.6bn Dubai World debt restructuring
The UAE’s big banks are set to receive a boost from the restructuring of $14.6 billion of Dubai World debt.…
Big Saudi firms to pay bonuses
Several of Saudi Arabia’s largest listed companies said they would pay out hundreds of millions of dollars in bonuses, days…
Saraya Bandar Jissah signs financing pact with Bank of Beirut
Saraya Bandar Jissah, the company developing Oman`s newest Integrated Tourism Complex (ITC) in Muscat, have partnered with the Bank of…
Canaccord Genuity expands global footprint with presence in Dubai
Canaccord Genuity Group Inc. (the "Company") announces plans to build an investment banking and advisory practice with senior managing director…
BNP Paribas makes significant changes in key positions to boost profit
BNP Paribas SA, under a year-long ban on some dollar clearing, is revamping its trade financing, corporate deposit and cash…