Gulf International Bank to Hire Advisers for Dollar Bond
Gulf International Bank BSC, whose main shareholder is Saudi Arabia’s sovereign wealth fund, hired firms including HSBC Holdings Plc to…
Investment Banking
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Boursa Kuwait Organizes Virtual Corporate Day in Collaboration With HSBC
Boursa Kuwait organized its first Virtual Corporate Day in collaboration with HSBC, one of the largest banking and financial services…
Lebanese banks to exit Iraq over increasing compliance demands
A number of Lebanese banks operating in Iraq have decided to shut down their operations in the country due to…
National Bank of Oman Brings in Global Expert for Online Event on European Equity Markets
Continuing to bring in global industry knowledge to investors in the Sultanate, National Bank of Oman recently held a virtual…
Funding boost for Turkish businesses as EBRD lends to Isbank
Loan of US$ 54 million to boost bank lending to Turkish businesses amid volatility Greater access to finance helps companies…
How the AIIB Grows China’s Interests in the Middle East
The Board of Governors of the Asian Infrastructure Investment Bank recently announced that its sixth Annual Meeting will be held…
Strong capital base gives SABB buffer against pandemic shock
The Saudi British Bank (SABB) recorded an accounting loss for the first half of 2020 following an impairment in goodwill…
Mashreq Bank outlines investment trends to navigate the global economy in uncertain times
Mashreq, one of the leading financial institutions in the UAE, has released its economic outlook report for the second half…
GFH takes majority stake in GB Corp
GFH Financial Group (GFH) has announced that it has acquired an additional 21.8% stake in Global Banking Corporation (GB Corp)…
GFH increases GB Corp shareholding to majority stake of 50.4%
GFH Financial Group B.S.C has announced that it has acquired an additional 21.8% stake in Global Banking Corporation B.S.C. giving…
Barclays names Philipp Gillmann Managing Director and Head of Logistics Banking EMEA
Barclays Investment Bank today announces the appointment of Philipp Gillmann as a Managing Director and Head of Logistics Banking EMEA.…
Saudi Arabia's SABIC picks banks for dollar bond – sources
Saudi Basic Industries Corp 2010.SE, the world’s fourth-biggest petrochemicals firm, has picked banks to arrange a U.S. dollar denominated bond…