Israel fears withdrawal by EU firms is too high a price to pay
Fears are growing in Israel that recent divestment steps by individual European firms could mushroom into a trend that harms…
Investment Banking
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BNY Mellon names new investment head for Middle East & Africa
BNY Mellon has appointed Imad Abukhlal as head of Middle East and Africa of BNY Mellon Investment Management EMEA. Abukhlal,…
SABB Awarded "Best Commercial Bank" in Saudi Arabia
The Saudi British Bank has received the "Best Commercial Bank" award in a ceremony held in Dubai recently. The…
Saudi bank NCB prices $1.33bn sukuk
National Commercial Bank, Saudi Arabia's largest lender, has completed a 5 billion-riyal ($1.3 billion) Islamic bond issue, two banking sources…
JPMorgan Said Cut Tie to Saudi Bank Amid Focus on Control
JPMorgan Chase & Co. dropped Al-Rajhi Bank, the world’s largest Shariah-compliant lender, as a correspondent banking client amid a push…
Emirates Investment Bank reports financial results for the full year 2013
Emirates Investment Bank an independent private and investment banking boutique, today announces its financial results for the fourth quarter and…
Emirates Investment Bank assets soar on foreign capital inflows
Emirates Investment Bank yesterday said total assets under management jumped 71 per cent last year as the UAE’s safe-haven status…
China’s ICBC Weighs Acquisitions in Middle East to Boost Profit
Industrial & Commercial Bank of China Ltd, the world’s most profitable lender, said it will consider acquisitions in the Middle…
Steady stream of Japanese investments flowing into Turkey
Claiming a share of the steady stream of Japanese investments flowing into Turkey in recent years, the Turkish mergers &…
Kuwait’s Global Said to Hire Osmansoy for Distressed Assets
Global Investment House KSCC, the Kuwaiti bank that restructured $1.7 billion of debt, hired Orhan Osmansoy to head its $600…
Morgan Stanley names MENA IB head as Froehlich heads to Europe
Morgan Stanley named Patrick Delivanis as the head of investment banking in the Middle East and North Africa, a spokesman…
Dubai Chamber highlights Dubai’s Islamic finance opportunities to Azeri businesses
Dubai Chamber of Commerce and Industry called upon Azeri businesses to invest in Dubai’s Islamic finance sector in light of…