Euromoney Middle East Awards for Excellence 2019 winners revealed
For the first time in a decade, Arab Bank was named the Middle East’s best bank in the Euromoney Awards…
Investment Banking
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Evercore Investment Bank to Open Israel Branch
New York-headquartered investment banking group Evercore Group LLC. is set to open its first branch in Israel within three to…
Belarusian Finance Ministry looking for loans in Persian Gulf
The Belarusian Finance Ministry sees a lot of promise in interaction with funds registered in Persian Gulf countries, BelTA learned…
Abu Dhabi Financial Group Agrees to Merge With Dubai's Shuaa
Abu Dhabi Financial Group agreed to a reverse merger with Shuaa Capital PSC that will create an investment bank managing…
Bank of Bahrain and Kuwait hires banks for potential dollar bond sale
Bank of Bahrain and Kuwait has hired banks to arrange fixed-income investor meetings ahead of a potential issuance of U.S.…
HSBC gets top adviser role in Qatar for first time since Gulf row
HSBC has been hired by a state-controlled port operator in Qatar, QTerminals, to coordinate a $500 million loan, sources familiar…
UBS brings machines into credit derivatives to boost trading
UBS Group AG is pushing further into automated trading by programming its robots to handle derivatives and exchange-traded funds tied…
Ex-StanChart Lawyer Fights Bank Over Wolf-Whistles, ‘Hairgate’
Standard Chartered Plc chief Bill Winters has said that the bank, plagued by allegations of misconduct, must overhaul its culture.…
Barclays feted at M&A Awards 2019
Barclays has been named Middle East Financial Services Adviser of the Year 2019 in the prestigious Mergermarket M&A awards, in…
EIBank names Imad Bou Khouzam Interim CEO
Emirates Investment Bank pjsc (“EIBank”), an independent private bank based in the UAE (DFM: EIBank), announced today the appointment of…
Cabinet restructures Emirates Development Bank board
As part of its plan to modernise work mechanisms in the federal government, the UAE Cabinet has restructured the Board…
UK Trying to Settle £1.25b Claim by Bank Mellat
The British government is locked in crunch talks in an effort to avoid a lengthy high court battle by settling…