UAE bank profits predicted to rise 20% in 2013
Commercial banks in the UAE are expected to report net profit growth of about 20 percent in 2013, higher than…
Investment Banking
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GCC corporate income up
Led by the banking sector, GCC corporate earnings surged 7.1 per cent to $31.2 billion in the first half of…
Bain & Company appoints EMEA head
Bain & Company, the global business and management consultancy, has selected Paul Meehan, a business transformation expert and 25-year veteran…
ABC backs IMF reception
The Arab Banking Corporation has confirmed its sponsorship of the Banks in Bahrain reception that will be organised by the…
First Gulf Bank Plans More Hiring in Investment Bank Transition
First Gulf Bank PJSC, the Abu Dhabi-based lender which this week recruited former Standard Chartered banker Steve Perry, is planning…
Ex-Merrill Lynch banker sets up boutique consultancy in Dubai
Ziad Awad, a veteran investment banker with nearly 20 years of experience at Merrill Lynch and Goldman Sachs Inc, is…
REFILE-Former StanChart capital markets specialist joins Abu Dhabi bank
Standard Chartered's head of capital markets for the Middle East, North Africa and Pakistan is joining First Gulf Bank as…
Citadel Capital Appoints Distinguished Banker
Citadel Capital has engaged the distinguished banker Amr El-Garhy as Managing Director and Head of Corporate Finance and Investment Review…
Turkish bank to provide $300 million credit facility
Export Credit Bank of Turkey is to give $300 million credit facility to Pakistan for 2013-14 for which a formal…
New Iran central bank chief vows to pull down inflation
DUBAI Iran’s new central bank governor, Valiollah Seif, took office on Tuesday amid expectations he may hike rates in an…
UAE gets thumbs up as top expat location
“Where in the world do I want to be?” For many expatriates that dream location will be the UAE. Indeed,…
HSBC names new MENA debt capital markets head
HSBC Holdings, the top arranger of debt issues in the Gulf Arab region, has named Mustafa Aziz Ata to run…