Former Barclays bosses deny fraud over £6bn Qatar fundraising during the financial crisis
Barclays' former boss has appeared in court to deny fraud charges. John Varley and three colleagues – including Roger…
Investment Banking
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Combined growth in the GCC region expected to be at 3.0% in 2019: Markaz
Kuwait Financial Centre “Markaz”, recently released a report highlighting the top economic and investment themes that will shape the economic…
Turkey to become 5th largest economy in the world by 2030, Standard Chartered predicts
Turkey will surpass Germany, Russia and Japan to become the fifth largest economy in the world by 2030, while China…
HSBC opens new $250m headquarters in Dubai
HSBC Bank has announced the official opening of its new UAE headquarters built at an investment of $250 million at…
UAE to grow 3% in 2019: WB
The UAE's gross domestic product (GDP) will maintain its strong growth in 2019 and the next two years, helped by…
Qatar National Bank raising 2 billion euro loan – LPC
Qatar National Bank (QNB) , the largest bank by assets in the Middle East and Africa, is raising a 2…
Goldman asks: What if Lebanon is forced to restructure debt?
Goldman Sachs Group Inc. still sees an imminent debt restructuring in Lebanon as unlikely but is already turning its attention…
Citi's Israeli Innovation Ensures Bank Stays Ahead of Rivals
American banking giant Citi prides itself on its business activities across more than 160 countries, yet much of its fintech…
Egypt Considers Re-Opening Door for Licensing International Banks' Branches
The Central Bank of Egypt board is considering re-opening the door for licensing international banks' branches to join the Egyptian…
GFH Awarded Best Investment Bank- Middle East
GFH Financial Group today announced that it has been named “Best Investment Bank- Middle East” and “Best Islamic Bank –…
Turkish lender, African bank sign $1B agreement
Turkey's private-lender Aktif Bank and African Export-Import Bank (Afreximbank) signed a $1 billion agreement, the Turkish bank announced on Monday.…
Banque Misr hires 3 financial market experts for Misr Financial Investments’ restructuring
Banque Misr appointed a number of financial and investment experts to undertake the restructuring of Misr Financial Investment, a company…