Deutsche Bank named Best Euro Clearing Bank in the GCC
Recognizing its superior regional platform, Deutsche Bank has been awarded Best Euro Clearing Bank in the GCC region from the…
Investment Banking
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Latham & Watkins Advises on €3.15 Billion Multicurrency Loan Facility for Emirates Telecommunications Corporation
Latham & Watkins advised Emirates Telecommunications Corporation ("Etisalat") -as guarantor- and White Falcon Finance Company Limited -as borrower- on a…
Banks lift UAE, Qatar markets; Saudi Arabia bourse retreats
Banking stocks helped Qatar close at a fresh all-time high on Monday and lifted the markets in the United Arab…
Abu Dhabi’s NBAD Hires From HSBC as Thursby Seeks to Recruit 450
National Bank of Abu Dhabi PJSC, the United Arab Emirates’ biggest bank, plans to recruit 450 people this year to…
KAMCO posts KD 3 mln in net profits in 2013
Kipco Asset Management Company (KAMCO) on Sunday announced net profits of KD 3 million (USD 10.6 million) in 2013, with…
Guidance set on $533m GIB note
Bahraini lender Gulf International Bank has set guidance of 72.5 basis points over the three-month Saudi interbank lending rate on…
Summer of discontent for UAE bankers disappointed by bonuses
Bonuses were a source of sadness and frustration for almost half of Middle Eastern finance employees last year, a survey…
Abu Dhabi's Senaat shelves IPO plans
Abu Dhabi government-owned General Holding Corporation has shelved plans for a stock market debut, four sources aware of the matter…
Dubai's Majid Al Futtaim to sell $500 mln 10-yr bond on Tuesday – leads
Dubai-based shopping mall developer Majid Al Futtaim (MAF) plans to issue a 10-year $500 million bond on Tuesday, a document…
Bonuses increase in the Middle East, but bankers leaving regardless
The Middle East financial sector faces a bout of job-hopping not seen since the boom years of 2006-07 as bankers…
HRH Premier thanked
His Royal Highness Prime Minister Prince Khalifa bin Salman Al-Khalifa today received a cable of thanks from Head of Corporate…
Raja Easa Al Gurg HSBC’s Independent Non-Executive Director
Raja Easa Al Gurg, Managing Director of the Easa Saleh Al Gurg Group LLC and President of the Dubai Business…