Analysts predict record earnings on the horizon for UAE banks
UAE banks are expected to end the year on a high note, with lending anticipated to pick up as the…
Investment Banking
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ADCB awarded 'Best Cash Management Bank in the UAE'
Abu Dhabi Commercial Bank has received the accolade of 'Best Cash Management Bank in the UAE' from Euromoney for the…
Goldman Sachs 'charmed Gadaffi-era sovereign wealth fund employees with girls and alcohol' in trip to Morocco
Goldman Sachs took naive employees of the Gadaffi-era Libyan sovereign wealth fund on an all-expenses paid visit to Morocco where…
National Bank of Kuwait Says Sells Qatar Bank Stake For $538m
National Bank of Kuwait, the largest Kuwaiti bank, announced today that it has agreed to sell its 30% stake in…
Clifford Chance advises on the Republic of South Africa's inaugural USD500m sukuk issuance
Clifford Chance has advised BNP Paribas, Standard Bank Plc and Kuwait Finance House Investment Co. K.S.S.C. as structuring banks and…
China to expand bank operations in Qatar
China is looking to further expand its banking operations in Qatar. The Industrial and Commercial Bank of China (ICBC), which…
Cautious clients keep hopes low for investment banking
Political troubles in Russia and the Middle East added to a summer slowdown in trading activity and is likely to…
Middle East investments in Sri Lanka to grow
Several Middle East companies are willing to invest in Sri Lanka due to the country's on going development activities. Stating…
UAE Exchange bags Deutsche Bank STP Excellence Award for the 8th time
The leading money transfer, foreign exchange and payment solutions brand won the Deutsche Bank STP Excellence Award for the 8th…
Henyep Investment Bank Announces the Launch of Additional International Stock Products
Henyep Investment Bank, the premier financial services company authorized & regulated by the Dubai Financial Services Authority (DFSA) and based…
Abu Dhabi raises concern over EPF’s voting on three-way bank merger deal
“Sheikh Mansour has sent a letter to the Malaysian prime minister on this,” a source familiar with the matter told…
Abu Dhabi's Al Jaber Group completes debt restructuring
Abu Dhabi-based conglomerate Al Jaber Group announced on Tuesday that it has successfully completed its debt restructuring agreement with banks.…