Egypt's Arab Investment Bank plans capital hike
Egyptian lender Arab Investment Bank plans to raise its capital to EGP 1 billion from EGP 500 million in the…
Investment Banking
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ME equity issuance rises 43% to Dh18.7bn in 9 months
Middle Eastern investment banking fees reached $138.2 million (Dh507 million) during the first nine months of 2014, 60 per cent…
Banco Espírito Santo Investment Bank Looks for Suitors
Senior executives at the investment banking arm of failed Portuguese lender Banco Espírito Santo SA have met recently with…
HSBC Bank Oman named 'Best Domestic Cash Management Bank' for third consecutive year in Euromoney Survey
HSBC Bank Oman S.A.O.G. has been voted as the 'Best Domestic Cash Management Bank' in the Sultanate for the third…
NBK Capital and Gulf Capital Close Funds for Middle East Investment
It’s a big day for private equity fundraising in the Middle East. Gulf Capital and NBK Capital have closed…
Credit Suisse shuffles managers at investment banking unit
Credit Suisse has announced the appointments to the Executive Board, changes to the leadership of its Investment Banking Division, and…
GCC economies thriving on back of high public spending, low debt
The onset of the global crisis has shortened investors’ investment horizons, stoked preferences for liquid assets and dramatically shifted…
Iranian investment scene 'improving' as relations thaw
International investors looking to exploit opportunities in Iran have been meeting for the first time in concert since the country's…
Citigroup to continue Egypt operations
Citigroup on announced that it intends to exit its consumer businesses in 11 markets. However the bank clarified that it…
Deutsche Securities Saudi Arabia appoints Head of Corporate & Investment Banking Coverage
Deutsche Securities Saudi Arabia has announced the appointment of Tamim Jabr as Head of Corporate & Investment Banking Coverage for…
Banking sector and fiscal policy
Saudi money supply growth touched a 13-month high recently, prompting the Saudi Arabian Monetary Agency to step up the…
Banks need to boost vigil against financial crimes: Seetharaman
The Union of Arab Banks hosted the 5th US-MENA Private Sector Dialogue on correspondent banking at BNY Mellon, New…