UAE investors look east as growth of developed economies slows, HSBC says
Retail investors in the UAE are increasingly looking to Asian markets to park their cash. Sluggish growth in some developed…
Investment Banking
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High Saudi loan growth sustainable, says SABB managing director
High loan growth to the private sector in Saudi Arabia is likely to continue in the next two to three…
EFG Hermes Appoints Asset Management Head
EFG Hermes have announced the appointment of industry veteran Amr Seif as head of the firm's market-leading asset management division.…
Leumi Starts Selling Migdal Stake
The stake in Migdal was one of Bank Leumi's strongest and oldest holdings, although the size of the stake has…
Al Baraka unit concludes $433m Murabaha deals
Al Baraka Banking Group announced that its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha…
Gulf bank loses private banking head
National Bank of Abu Dhabi, the UAE's top lender by market value, has hired a new head for its equities…
Emirates NBD Asset Management named ‘Best Asset Management Company’ for third consecutive year
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, the leading bank in the region, today announced…
HSBC names Middle East equity head
HSBC Holdings has named Samer Deghaili to head its equity capital markets business in the Middle East and North Africa,…
NBAD signs deal with Deutsche Bank for use of Guaranteed US Plus service
The National Bank of Abu Dhabi (NBAD) today signed a Memorandum of Understanding with Deutsche Bank to use its Guaranteed…
Gulf Capital hires Rothschild for share advice
Abu Dhabi's Gulf Capital said on Monday it has hired an investment bank to advise it on a renewed attempt…
Dubai Islamic Bank chooses Deutsche Bank for euro clearing and European trade finance
Deutsche Bank and Dubai Islamic Bank today announced the signing of a Memorandum of Understanding which will allow DIB to…
Barclays Called Reckless Over $511 Million Payments to Qatar Investors
has been branded reckless by a British watchdog for failing to disclose payments of 322 million pounds ($511 million) in…