Kuwait's Global to hire ex-Barclays banker as investment bank head: Sources
Global Investment House is set to hire Michael Helou, a former senior banker at Barclays, as its investment banking head,…
Investment Banking
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United Arab Bank sets up dedicated desk to support UAE Turkish business
The fastest growing bank in the Middle East acts as a catalyst to platform enhanced business relations between Turkey and…
HRH Crown Prince meets Deutsche Bank CEO for MENA region
His Royal Highness Prince Salman bin Hamad Al-Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister met with…
UAE banks safe, says Central Bank Governor
The banking industry is safe and secure in the United Arab Emirates, the Governor of the UAE Central Bank, Sultan…
Doha Bank to raise QR2bn through private placement of Tier I note
Doha Bank, which is aiming 15%-20% asset growth in the next four to five years, is raising up to QR2bn…
Deutsche Bank’s Middle East Foundation celebrates its 5th anniversary
Deutsche Bank celebrates today the 5 year anniversary of its Middle East Foundation. The Foundation focuses on supporting projects…
GIB gets Best Investment Bank in Bahrain award
Gulf International Bank (has won the award for Best Investment Bank in Bahrain in the investment banking category of the…
Bank of Montreal plans to use Abu Dhabi as a regional expansion hub
Bank of Montreal plans to use its office in Abu Dhabi as a hub to expand its investment banking business…
Dubai’s Shuaa Capital Weighs Partner or Debt in Quest for Growth
Shuaa Capital PSC may seek a joint-venture partner or raise debt to boost growth at its lending unit as the…
Islamic trade finance fund is launched
EIIB-Rasmala, a venture between London-based European Islamic Investment Bank and Dubai's Rasmala Group, has launched a Sharia-compliant trade finance fund…
VCBank reports $2.5m in net profit
Venture Capital Bank, a Bahrain-based Islamic investment bank, has reported a net profit of $2.5 million for the quarter ended…
Mikati: Lebanon Banks Still Enjoying Growth
Lebanon’s banking sector still enjoys a level of economic growth despite difficulties spurred by regional crises, caretaker Prime Minister Najib…