Vice President, Investment Banking at Renaissance Capital in Egypt
Renaissance Capital has announced that Omar Gaafar has been appointed as Vice President, Investment Banking, in Cairo. Omar will…
Investment Banking
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Citigroup beefs up its team in Saudi Arabia
Citigroup Inc. plans to hire about five more bankers in Saudi Arabia as it prepares for an expected increase in…
SHUAA Capital progressing with potential combination with ADFG; releases Q1 2019 earnings
SHUAA Capital confirms it is progressing with its potential transaction with ADFG through a strategic investment structure where-in the combined…
Shuaa swings to Q1 loss on Abraaj exposure
Dubai investment bank Shuaa Capital, which is in the process of merging with its biggest shareholder, swung to a first-quarter…
GFH Q1 net profit dips 41.4pc to $21.36m
Bahrain-based GFH Financial Group (GFH) has posted a net profit of $21.36million for the first quarter (Q1) of the year…
Goldman Sachs bought Commerzbank's claim in Saudi's biggest debt saga – sources
Goldman Sachs has bought a claim against The International Bank Corporation, a Bahraini bank whose default 10 years ago triggered…
Goldman, Bain, EBRD meet Turkish banks about problem loans -sources
Goldman Sachs, Bain Capital and the European Bank for Reconstruction and Development met on Thursday with Turkish bankers and investors,…
Australia's Macquarie downsizes in the Gulf: sources
Macquarie Group is scaling back in the Middle East by downsizing its operations in the United Arab Emirates (UAE), three…
Bank Audi signs final agreement for acquisition of NBG Egypt
Lebanese Bank Audi has signed the final acquisition contract of the National Bank of Greece Egypt. The NBG said…
UAE’s Arqaam in merger talks with The National Investor
Dubai’s Arqaam Capital and Abu Dhabi-based The National Investor (TNI), are weighing a possible merger. Arqaam would have management…
Eagle Hills Diyar signs agreement with UAE banks
Eagle Hills Diyar, the developer behind Bahrain's waterfront project Marassi Al Bahrain, has signed an agreement with a syndicate of…
Goldman Sachs hires ex-KIA executive as MENA adviser
Goldman Sachs has hired a former Kuwait Investment Authority executive, Osama al-Ayoub, as a regional adviser to the Middle East…