Middle East Investment Bank: Bitcoin Could Ignite Regional E-Commerce
Kuwait-based investment banking and asset management firm Kuwait Financial Centre, also known as Markaz, has published a new report on…
Investment Banking
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HSBC Bank Oman appoints Chief Risk Officer
HSBC Bank Oman has announced that Sulaiman bin Said Al Lamki has been appointed as Chief Risk Officer. Supporting the…
UAE renews agreement with Islamic Development Bank
Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and the Head of the UAE…
Citigroup names new Middle East senior executive
Citigroup Inc., which gets about half of its revenue from emerging markets, named Carmen Haddad as chief executive officer for…
EFG-Hermes Said Close to Joining Goldman Sachs on Edita IPO
EFG-Hermes Holding SAE, the Egyptian investment bank, is near to being hired with Goldman Sachs Group Inc. (GS) to manage…
Iran seeks to resolve HSBC freeze on some trade financing, sources say
Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns…
SABB awarded multiple Treasury Awards in Saudi Arabia
The Saudi British Bank " SABB " was named winner across 3 Treasury related categories for 2014 from The Banker…
Saudi's Al Rajhi Capital to launch first sukuk fund
The investment banking arm of Saudi Arabia's Al Rajhi Bank has received regulatory approval for its first mutual fund that…
Egypt's Beltone Financial offers itself for EFG Hermes takeover
Egypt's Beltone Financial Holding will offer itself for acquisition by EFG Hermes if it is successful with a joint bid…
Standard Chartered Bank picked by Dubai Economic Council to facilitate trade and investment flows between Dubai and USA
Dubai Economic Council (DEC) and Standard Chartered Bank have signed a MOU stipulating that Standard Chartered Bank will advise, arrange…
Burnt Out Middle East Bankers Seek Change as 53% Pursue New Jobs
More banking and finance professionals in the Middle East than in any other region are seeking new jobs because they’re…
Byblos Bank and European Investment Bank Sign Third Global Loan Agreement
Byblos Bank and the European Investment Bank have signed their third Global Loan Agreement, under which a total of EUR…