StanChart Said to Brace for New Iran Fine of $1.5 Billion
Standard Chartered Plc is bracing for a potential penalty of around $1.5 billion from U.S. authorities for allowing customers to…
Investment Banking
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J.P. Morgan rehired its head of EMEA oil and gas from UBS
J. P. Morgan has rehired its former Europe, the Middle East, and Africa (EMEA) head of oil and gas, whom…
Saudi Arabia expects $11 billion inflows from JP Morgan bond index entry
Saudi Arabia said it expects inflows of around $11 billion into the country’s debt as a result of the inclusion…
KAMCO successfully completes purchase of major stake in Global
KAMCO Investment Company has announced that it has completed the previously announced purchase of 396,426,434 shares in Global Investment House,…
Deutsche Bank appoints Riyadh GM
Deutsche Bank has appointed Mohammed Alajmi as general manager of Deutsche Bank Riyadh Branch in Saudi Arabia. He will…
KFH: Financial Comprehension and awareness of Customers Protection Guide
Head of Customer Complaints Unit at Kuwait Finance House, Abdullatif Saad Al-Fadhli stated that placement of training courses on the…
HSBC named lead bank for 20% listing of Egypt’s AMOC IPO: ministry
HSBC has won the mandate to lead the sell-down of the state’s stake in the Alexandria Mineral Oils Co (AMOC),…
Mashreq Bank implements solutions that use AI and machine learning
UAE-based private bank Mashreq Bank has partnered with Virtusa to implement Blue Prism’s Digital Workforce to drive innovation, increase productivity,…
QINVEST named Best Investment Bank in Qatar
QINVEST has announced that it has been named Best Investment Bank in Qatar at the Euromoney Middle East Awards for…
Exotix announces 3 appointments in aid of global expansion
Exotix Capital, the London-based investment bank today announced three new appointments which will aid the further expansion of its global…
FAB Recognised as ‘Most Innovative Investment Bank From the Middle East’ for Third Consecutive Year
First Abu Dhabi Bank has been named ‘Most Innovative Investment Bank from the Middle East’ for the third consecutive year…
EFG Hermes advises on $52m Oman IPO
EFG Hermes, a leading financial services provider, has concluded today its advisory to the Oman-based Dhofar Generating Company (DGC) on…