Egypt's United Bank expected to be sold to US investment fund in 3 months: CBE governor
The sale of United Bank to an unnamed US investment fund is expected to be finalised within three months, Tarek…
Investment Banking
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QFB eyes US, Europe and other new markets
Qatar First Bank’s efforts to achieve sustainable growth and turnaround its financial and business performance have started bearing positive results.…
GIB converts Saudi branches into local bank with $2bn capital
Bahrain’s Gulf International Bank has completed converting its existing Saudi Arabian branches into a locally incorporated bank. The local…
Qatar First Bank EGM approves resolution for capital reduction
Qatar First Bank’s extraordinary general meeting yesterday adopted a special resolution to approve the bank’s board of directors share capital…
Citi Expands ETF Servicing Capabilities in EMEA
Citi has expanded its ETF custody and fund services capabilities to include EMEA domiciled ETFs, following the successful buildout of…
Citi inaugurates new offices at Abu Dhabi Global Market
Citi announces the opening of its new offices at the Abu Dhabi Global Market (ADGM), Abu Dhabi’s international financial centre.…
HSBC to open the first digital branch in Qatar
Msheireb Downtown Doha, the smartest and most sustainable fully-built city district in the world and Qatar’s destination for leisure, living…
Emirates NBD eyes international markets for growth
Emirates NBD said it expects its international operations to be a “significant driver” of growth in the coming years amid…
World’s Best Investment Banks 2019: Financial Technology
Last year was, in all likelihood, a turning point for financial technology and investment banking. While enthusiasm for blockchain…
RM Global Raises Additional $34 Million for Israel-Based Biopharma Investment Fund
New York-headquartered investment banking firm RM Global Partners LLC announced it raised an additional $34 million in funding for its…
Deutsche Bank Middle East CEO admits market sentiment is poor for Gulf economies
Market sentiment is not great for Gulf states at the moment, Deutsche Bank’s Middle East and Africa CEO said Saturday,…
HSBC sees growth in green finance with low carbon push in Menat region
HSBC is seeing growth in the demand for sustainable finance in the Middle East North Africa and Turkey markets with…