Dubai bank ENBD plans bond sale to boost capital
Emirates NBD, Dubai's biggest lender, plans to tap global debt markets for its first capital-boosting bond issue, as Gulf banks…
Investment Banking
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ABC Islamic Bank registers USD 3.2 million profits in 1st quarter of 2013
The Bank's total operations' income for the first quarter rose to $4.1 million from $3.4 million last year. The operating…
International Bank (Bahrain) reports USD 1.8 in net profit for Q1, 2013
The International Bank's CEO, Dr. Zakariya Higris, in a statement published today said that these profits reflect the Bank's strategy…
ICBC eyes 10% Middle East asset growth
ICBC had about $4b of Middle Eastern assets at the end of last year Industrial & Commercial Bank of China…
Deutsche Bank appoints new General Manager for its Saudi Arabia branch
Deutsche Bank announced the appointment of Ziyad Al Ashaikh as General Manager of its branch in the Kingdom of Saudi…
JPMorgan’s Saudi Chief Leaves For Central Bank Job
JPMorgan Chase Inc confirmed on Tuesday that its top banker for Saudi Arabia, Abdulaziz Al Helaissi, is leaving to take…
Suitcase bankers erode Mideast fees
HSBC Holdings, the biggest bond underwriter in the Persian Gulf since 2007, and Barclays said fees in the region are…
Gulf Bank Receives Deutsche Bank Award for Commercial and Treasury Payments
Gulf Bank has announced that it has been awarded Deutsche Bank's prestigious 'EURO Straight-Through Processing (STP) Excellence Award' for 2012…
Interview: United Arab Bank CEO
The UAE lender has not opened a new branch in Dubai for almost 14 years and yet it reported a…
Gulf banks seeking to expand regionally
For years, Dubai’s top bank Emirates NBD relied on its home base and cosy relationship with leading government-related entities in…
Gulf expansion push buoys Middle East banking M&A
For years, Dubai's top bank Emirates NBD (ENBD) relied on its home base and cosy relationship with leading government-related entities…
Standard Chartered recognized for excellence across the Middle East
Standard Chartered also won the "Best Foreign Bank in Bahrain, Jordan and UAE" and "Best Foreign investment bank in Qatar…