BNP Paribas appoints Head of Middle East & Africa
BNP Paribas has appointed Amine Bel Hadj Soulami as Head of BNP Paribas, Middle East & Africa, succeeding Jacques Michel…
Investment Banking
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Emirates Investment Bank turns to losses in 2020
Emirates Investment Bank has incurred annual net losses of AED 29.315 million in 2020, versus net profits of AED 8.851…
Bahrain's GFH Financial set to acquire more properties in UK, Europe this year
Bahrain’s Islamic investment bank GFH Financial Group is looking to acquire more properties in the United Kingdom and other countries…
HSBC completes first Islamic trade facility in Menat at $100m with QIB
HSBC Bank Middle East has completed its first Islamic trade facility in the Middle East, North Africa, and Turkey (Menat)…
J. P. Morgan Asset Management appoints head of investment stewardship for EMEA
J.P. Morgan Asset Management has appointed Yo Takatsuki as head of investment stewardship for Europe, the Middle East and Africa.…
EBRD, DEG and GEF promote private-to-private solar energy in Jordan with Yellow Door Energy
EBRD, DEG and GEF lend Yellow Door Energy a total of US$ 31.2 million senior secured loans for the development,…
Egypt's state National Investment Bank slashes yields on certificates
Egypt's state-owned National Investment Bank slashed yields on its investment certificates by up to 3.75% over the weekend, bankers said…
MENA M&A transactions reach $70.3 bn in 2020
Investment banking fees generated in the Middle East and North Africa (MENA) reached an estimated $1.2 billion during the full…
Deutsche Bank appoints Thamer Saleh Alsedais as general manager of its Saudi Arabia branch
Deutsche Bank has announced the appointment of Thamer Saleh Alsedais as General Manager of Deutsche Bank AG Riyadh Branch in…
HSBC launches Sustainable and Transition Finance team in Middle East
HSBC has announced the formation of a dedicated Sustainable and Transition Finance Team in the Middle East, North Africa and…
EBRD provides US$ 58 million loan to Turk Ekonomi Bankasi
EBRD US$ 58 million loan to TEB for on-lending to local businesses Loan follows €1.7 billion of EBRD investment in…
Saudi Arabia generates $382.9m in investment banking fees
Saudi Arabia, along with the UAE, generated two-thirds of the investment banking fees in the Middle East and North Africa…