Investment Banking

FinTech

Saudi Arabia’s Bank Albilad Implements FIS Switch as Part of Major Payments Expansion

April 2, 2014

The world’s largest provider of banking and payments technology, today announced that Bank Albilad, of the Kingdom of Saudi Arabia,…

Read More

Awards and Recognition

NBAD wins two Islamic Finance Awards

April 2, 2014

The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards.   Named the…

Read More

Hedge Funds & Alternative Investments

Qatar’s QNB Said to Hire McKinsey to Advise on Egypt Bank Growth

April 1, 2014

The company is helping the state-controlled lender devise a five-year plan for Qatar National Bank Alahly, said the people, who…

Read More

Financial Results

Dubai Holding's DHCOG says 2013 net profit jumps 178%

March 31, 2014

Dubai ruler's flagship company Dubai Holding said on Sunday its unit Dubai Holding Commercial Operations Group has almost tripled its…

Read More

Hedge Funds & Alternative Investments

Egypt’s economy to strengthen from 2014 to 2016: HSBC

March 31, 2014

The Egyptian economy is expected to pick up from 2014 to 2016 influenced by real export growth, according to HSBC’s…

Read More

Financial Results

Profits almost triple for Dubai flagship conglomerate

March 31, 2014

One of Dubai’s flagship conglomerates has achieved a near threefold rise in profits for 2013 on the back of the…

Read More

Investment Banking

Emirates Islamic unveils financing facility for commercial properties

March 31, 2014

Emirates Islamic on Sunday announced the launch of a financing scheme at competitive profit rates for completed commercial properties in…

Read More

Financial Results

EFG Hermes Posts $48m Net Loss

March 31, 2014

Egypt’s largest investment bank, EFG Hermes has revealed a net loss for 2013, a direct result of increased one-off charges…

Read More

Financial Results

Noor Bank profit triples as Sharia lender rides economic recovery

March 31, 2014

Noor Bank yesterday said that its net income last year more than tripled to a record, boosted by corporate lending…

Read More

Hedge Funds & Alternative Investments

Sunny Skies For Middle Eastern Dealmakers

March 28, 2014

The Middle East may present political challenges, but dealmakers anticipate that 2014 will be the year M&A flourishes in the…

Read More

FinTech

International Bank of Qatar Selects Fiserv to Support Compliance and Growth

March 28, 2014

Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that the International Bank of Qatar (IBQ),…

Read More

Hedge Funds & Alternative Investments

Next Wave Partners refinance Petainer Group with QInvest

March 27, 2014

Next Wave Partners announces the $45 million refinancing of Petainer Group ("Petainer") with QInvest, Qatar's leading investment bank, in what…

Read More