Buoyed by Damas Exit, EFG Hermes Plans New Private-Equity Funds
Egyptian investment bank EFG Hermes is planning to raise money for new private equity funds later this year, betting that…
Investment Banking
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Saudi Fransi Capital wins award in Dubai
Saudi Fransi Capital, a major investment company in Saudi Arabia, has been named the Best Local Investment Bank in Saudi…
Global professional services company names EMEA investment head
Global professional services company Towers Watson has announced that Ed Francis has been appointed EMEA head of the company’s Investment…
Veteran Saudi central banker to head Arab Monetary Fund
he Board of Governors has appointed H.E. Dr. Abdulrahman Bin Abdullah Al Hamidy as Director General and Chairman of the…
Infrastructure, transport to drive SocGen's Mideast growth
Societe Generale aims to leverage its experience in structured and transport finance to grow its business in the Gulf, its…
Qatar clamp on bonus for bankers
Qatar's central bank is capping bonuses for board members of commercial banks in the country it said in a circular…
Saudi Fransi Capital wins "Best Local Investment Bank in Saudi Arabia"
Saudi Fransi Capital , one of the leading investment companies in Saudi Arabia, has been named the Best Local Investment…
Japanese banks to handle Iran’s food and medicine transactions
Three major banks in Japan have announced readiness to handle transactions related to Iran’s food and medicine trade, the Central…
Veteran Saudi central banker to head Arab Monetary Fund
The Arab Monetary Fund (AMF) has appointed former Saudi central banker Abdulrahman bin Abdullah al Hamidy as director general and…
EFG-Hermes sells 19% Damas stake for $150 million
The private equity arm of Egyptian investment bank EFG-Hermes has sold its 19 per cent stake in jeweller Damas International…
Al Salam Bank launches fund
Al Salam Bank-Bahrain has launched the world's first Asian real estate investment trust fund that invests along Sharia principles. …
Standard Chartered mulls selling divisions
Standard Chartered bank is seeking to sell about six units in Asia, Europe and the Middle East, the Wall Street…