Increased lending and fewer bad debts help UAE banks post profit rises
Three major UAE banks kicked off the earnings season yesterday with reports of sharp profit increases. Earnings from lending…
Investment Banking
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New ME Group Chief Region Officer for Societe Generale
Societe Generale have announced the appointment of Richad Soundardjee as Group Chief Region Officer for the Middle East, as well…
Societe Generale appoints Middle East chief
Societe Generale has appointed Richad Soundardjee to head its Middle East operations, replacing Eric Wormser who will take another senior…
Citibank Honors Lender For 4th Consecutive Year
Gulf Bank recently announced that it has received the ‘2012 Quality Recognition Award’ for achievements in ‘straight through processing’ (STP)…
Doha Bank opens representative office in Canada
Doha Bank, the leading private commercial bank in Qatar, inaugurated its representative office in Toronto, Canada recently. The launch was…
Dubai Financial District Looks to ‘Astronomical’ Growth in Asia, Africa
The Dubai International Financial Center is eyeing ‘astronomical’ economic growth in South Asia and Africa as it embarks on a…
Saudi banks joining HSBC in sukuk issuance boom
Saudi Arabian banks are climbing the rankings in arranging Gulf Islamic bond deals this year, profiting from a growing pipeline…
New Finance Head joins Citi EMEA
Paul Hanley has been appointed by Citi as prime finance head of sales and capital introduction for Europe, the Middle…
Bahrain Showcases Banking Sector in Washington
A Glittering Reception on the sidelines of the annual World Bank/IMF meetings in Washington DC successfully showcased Bahrain's banking and…
Ithmaar Announces Key Appointments
Ithmaar Bank, a Bahrain-based licensed Islamic retail lender, has announced three key appointments in its management structure. As part…
Arqaam Capital to Expand Into Sub-Saharan and East Africa Nations
Arqaam Capital, the Dubai-based regional investment bank, is targeting opportunities in sub-Saharan Africa and East Africa markets along with its…
Islamic banks seek realistic ambitions
Management changes at some of the Gulf's best-known Islamic investment banks point to a fresh start for a sector which…