NatWest Markets and Santander sell shares in Saudi British Bank
NatWest Markets and Banco Santander have taken advice from Allen & Overy on the second disposal of their shares in…
Investment Banking
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BNY Mellon Wins Global Custodian of the Year at the Global Investor MENA Awards
BNY Mellon was named Global Custodian of the Year at the Global Investor MENA Awards 2020. The awards, in…
French digital payments company IDEMIA snaps up Saudi company
A digital payment enabling company, IDEMIA, has acquired Pcard, a card personalisation bureau in Saudi Arabia. The former will now…
Jordan inks USD314.63m credit with European Investment Bank
Jordan inked a framework credit of 260 million euros (USD314.63 million) with the European Investment Bank (EIB) on Wednesday, December…
Natixis Replaces Saudi Arabian CEO After Six Months in Role
Natixis SA replaced the head of its recently opened Saudi operations after six months in the role. The French bank…
Investment banks stick with Gulf despite falling fees
Fees are falling, oil prices are low and the region’s economies are under threat. But top global investment banks say…
Former Goldman Sachs Exec Elisha Wiesel Joins Tel Aviv based Fintech The Floor as New CIO
Elisha Wiesel, a former Goldman Sachs executive and son of Elie Wiesel, has taken on the role of Chairman of…
Goldman says Saudi peg ‘here to stay,’ though at cost to economy
Goldman said the government’s fiscal plans will likely help the current account return to surplus next year and ensure that…
HSBC expects Bahrain to build back better
GCC economies will grow 3.9 per cent year-on-year in 2021, a level not seen since 2015, HSBC economists have said.…
Mashreq posts $95.8mln net profit for 9 months
Mashreq has posted a sharp decline in net profit to AED352 million ($95.8 million) in the first nine months of…
NBK the first bank in Kuwait to provide registration for "Kuwait Mobile ID" app from different locations
We anticipate our customers’ expectations, and are keen on their convenience and making all their transactions quick and easy …
Ralph Hamers' First Task: Expansion to Qatar
One of Ralph Hamers' first tasks as chief executive of UBS was to sign an agreement the bank had reached…