Former CEO of bailed out Spanish bank becomes new CEO of Kuwait’s Gulf Bank
Kuwait's Gulf Bank said on Tuesday it had appointed Cesar Gonzalez-Bueno as chief executive, replacing Michel Accad who resigned in…
Investment Banking
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CFOs in Middle East must reskill to keep pace with modern finance
More than 100 CFOs and senior financial professionals gathered for the first ICAEW Finance Leaders evening, held on March 11…
Turkish government denies claims of financial bodies’ merger
The Turkish government has no plans to merge the banking and capital markets watchdogs under a single roof that would…
Egypt’s EFG seeks more investment banking revenue from abroad
EFG Hermes, Egypt’s largest investment bank, wants to secure 60 percent of its investment banking revenue from abroad by 2017,…
HongLeong Investment Bank Maintains 'Buy' On Brahim's
HongLeong Investment Bank has maintained its 'buy' call on Brahim's Holdings Bhd, saying the deal the company made yesterday could…
Dubai index falls 3.8 per cent in profit taking
Dubai’s equity index fell the most in seven months on Wednesday as investors booked profits. UAE shares have surged 35.7…
Alkhabeer Capital posts 40% rise in net profit
Alkhabeer Capital, a major asset management and investment firm based in Saudi Arabia, and authorized by the Capital Market Authority,…
IDBI Bank’s Dubai book size exceeds $4b
IDBI Bank opened its office in Dubai in 2009. The bank has a Category 1 banking licence to operate from…
Dubai based investment bank appoints Senior Executive Officer
GFH Capital, a fully owned subsidiary of Bahrain based Gulf Finance House, has announced the appointment of Jinesh Patel as…
National Bank of Abu Dhabi to Boost Latin America Lending
National Bank of Abu Dhabi PJSC, the emirate’s biggest lender, plans to expand corporate loans in Latin America by about…
Markaz: GCC banking remains resilient
Kuwait Financial Centre “Markaz” recently published the executive summary of its report on GCC Banking. In this report, Markaz analyses…
Egypt's EFG seeks more investment banking revenue from abroad
EFG Hermes, Egypt's largest investment bank, wants to secure 60 percent of its investment banking revenue from abroad by 2017,…