Oman's Bank Dhofar proposes share swap ratio for Bank Sohar merger
Bank Dhofar has proposed a preliminary share swap ratio and completed a study for its possible merger with Bank Sohar,…
Investment Banking
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NBE's Investments in Egypt's Debt Instruments Hit EGP160billion
NBE ranked first in the primary market dealers and secondary in treasury bills, Secondly, Commercial International Bank (CIB), Thirdly Arab…
Mediobanca Hires Former Barclays Executive
Italy's merchant bank Mediobanca SpA has appointed former Barclays executive Francesco Canzonieri as head of the financial services division of…
Saudi Arabia urges banks to boost capital reserves
Saudi Arabia is urging lenders to boost capital reserves, which are already above those of global peers including JPMorgan Chase…
NBK arranges a $56.8 million syndicated facilities for Al Khorayef Group
The facilities will be used by Al Khorayef Group for its project with Kuwait Oil Company (KOC) for the supply…
Saudi's Alhokair plans debut sukuk, picks Samba as arranger
Fawaz Abdulaziz Alhokair Co , the Saudi Arabian retailer which franchises brands such as Zara and Marks and Spencer in…
Amid Split on Bank Case, U.S. Seeks a Middle Path
Solicitor General Donald B. Verrilli Jr. faced a legal and bureaucratic dilemma this year: Obama administration officials could not agree…
HSBC Unveils Strategic Financial Planning on Tablet
HSBC Bank Middle East has announced the launch of HSBC Tablet platform in the UAE, a significant enhancement to the…
Obama administration asks top court to turn away Arab Bank case
The Obama administration has asked the U.S. Supreme Court to turn away a case over whether bank secrecy laws protect…
International Investment Bank announces net profit of over US$6 million for 2013
International Investment Bank, a globally focused investment bank based in the Kingdom of Bahrain and operating in line with Shari'ah…
ADCB Opens First International Representative Office In London
Abu Dhabi Commercial Bank has announced the opening of its first international representative office in London. The office, inaugurated in…
Arab African International Bank celebrates win of banking CEO of The Year Middle East 2014
Abdalla’s leadership of AAIB led it towards a decade (2002-2012) of unprecedented growth, a key reason that allowed it to…