SICO's net profit soars 157pc to $6.9 million
Securities and Investment Company (SICO), a Bahrain-based conventional wholesale bank, has reported a strong start to the current fiscal year.…
Investment Banking
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Zain Iraq hires investment bank as it prepares for an IPO
Kuwaiti mobile operator Zain has hired an Iraqi investment bank to lead the initial public offering of its subsidiary in…
Bahrain-based bank names new CFO from Standard Chartered
Bahrain-based Arab Banking Corporation (ABC) has appointed Brendon Hopkins as group chief financial officer, who will replace the retiring incumbent…
BNP Paribas 'could pay $3bn to resolve Iran claims'
BNP Paribas is in talks with US authorities to pay more than $3bn to resolve probes into whether the French…
Gulf finance house posts first quarter profit
Gulf Finance House (GFH), the Bahrain based Islamic investment bank, today announced its financial results for the first quarter ended…
Egypt national elections offer hope: EFG co-head
The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a lot to…
More kangaroo bond deals from Middle East banks in pipeline, says HSBC
Middle East borrowers are increasingly weighing Australian-dollar bonds as they seek to tap one of the world’s biggest sources of…
Natixis plans Middle East hiring spree to grow outside France
Natixis plans to increase staffing levels in the Middle East by 50 percent in 2014, a top executive of the…
Oman Arab Bank names top executive for Al Yusr Islamic unit
Oman Arab Bank management appointed Abdul Qader Al Bulushi as a general manager to head Al Yusr Islamic Banking. …
Oman Arab Bank to advise Al Maha’s proposed 20m share offer
Oman Arab Bank's investment banking division is advising Al Maha Ceramics on its proposed initial public offering of 20 million…
HSBC Touts Kangaroo Bonds as Banks Look Down Under: Arab Credit
Middle East borrowers are increasingly weighing Australian-dollar bonds as they seek to tap one of the world’s biggest sources of…
Jadwa Investment appoints new CEO
The Board of Directors of Jadwa Investment has appointed Tariq Al Sudairy as its new Managing Director and CEO, effective…