StanChart to cut Singapore, Dubai jobs, say sources
Standard Chartered is cutting jobs in Dubai and key markets including Singapore as it looks to curb expenses, people familiar…
Investment Banking
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Egypt's EFG Hermes considers move into insurance and mortgage sectors
Egypt's EFG Hermes is considering expanding into the insurance and mortgage sectors after obtaining regulatory approval, the investment bank's CEO…
Goldman Sachs sued over 1MDB scandal by Abu Dhabi fund
An Abu Dhabi sovereign-wealth fund accused Goldman Sachs in a lawsuit Wednesday of playing a “central role” in an international…
Morgan Stanley names new Europe head of private equity banking
Morgan Stanley has named a new head of its team serving private equity clients in Europe — as banks step…
GFH third quarter profit climbs 23.3% on investment banking activities
GFH Financial Group, the Bahrain-based Sharia-compliant investment firm, said third quarter net income surged 23.3 per cent, boosted by its…
Dubai payments firm Network International selects banks for potential listing
The private equity owners of Middle Eastern payments firm Network International have selected investment banks for a potential listing, according…
International Investment Bank Announces Successful Exit From Aircraft Investment, Achieving 18 Percent IRR
International Investment Bank, an Islamic wholesale investment bank based in the Kingdom of Bahrain, announced a successful exit from its…
SoftBank reaffirms investment ties with Saudi Arabia
SoftBank reaffirmed its investment ties with Saudi Arabia on Monday, as its quarterly profit surged more than fivefold on the…
Deutsche Bank’s DWS Group Takes Stake In Dubai Fintech Firm Neo Technologies
European asset manager DWS Group, which is majority-owned by Deutsche Bank and has $789 billion under management, is acquiring a…
Emirates Investment Bank reports financial results for the first nine months of 2018
Emirates Investment Bank has announced its financial results for the first nine months of 2018. Financial Highlights: *…
Markaz ‘Best Investment Bank in Kuwait for 2018’
Kuwait Financial Centre “Markaz” announced winning the “Best Investment Bank in Kuwait for 2018” award for the seventh time in…
Bank Audi consolidated activity highlights as at end-September 2018
Sustained profits growth US$ 410 million of net profits in 9M-18, increasing by 20% over the same period of…