Jordan's Arab Bank 2012 net profit up 15 pct
Jordan's largest lender, Arab Bank Group, posted a 15 percent rise in 2012 net profit to $352 million on the…
Investment Banking
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BNP Paribas’ Head of MENA Debt Capital Markets Leaves
BNP Paribas SA head of debt capital markets for the Middle East and North Africa has left, according to a…
Emirates NBD Fourth-Quarter Profit Surges; Beats Estimates
Emirates NBD’s fourth-quarter profit quadrupled, beating analyst estimates, as loan-loss charges at the biggest United Arab Emirates bank fell and…
FSA and SFO probe Barclays over Qatar loan – FT
The Financial Services Authority and Serious Fraud Office are looking into an allegation that Barclays loaned Qatar money to invest…
Emirates NBD signs MOU with South Korea's Woori Bank
Emirates NBD, the leading banking Group in the region, recently announced that it has signed a Memorandum of Understanding with…
Mizuho International Expands London Based M&A Business
Mizuho International has announced the appointment of Antony Slotboom as Head of Central and Eastern Europe, Middle East and Africa as…
National Bank of Abu Dhabi reports net profits
The National Bank of Abu Dhabi earned Dhs4,332m for the year ended 31 December 2012, up 16.8% from Dhs3,708m for…
National Bank of Abu Dhabi selects BT to connect global ops
The National Bank of Abu Dhabi selected BT, one of the world's leading providers of communications services and solutions, to…
Natixis appoints director and head of distribution in Dubai
Natixis Global Asset Management has appointed Moad Touhami as director and head of distribution for the Dubai office. In his…
Wells Fargo opens new international branch in DIFC
To better serve its Global Financial Institutions customers throughout the Middle East and North Africa, Wells Fargo & Company announced…
Deutsche Bank recognized by Islamic Finance news
Deutsche Bank announced that is has been recognized by Islamic Finance news as the Best Islamic Trustee/Custodian 2012. In addition,…
NBO launches Muzn Islamic banking operations
National Bank of Oman opened its Muzn Pure Islamic banking branch to customers on Wednesday. The bank in a statement…