GIB continues to strengthen KSA presence
GIB is now in its final stages of completing the necessary steps to convert its branches into a locally incorporated…
Investment Banking
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US firm said to pursue Dubai partnership for Middle East deals
A US firm led by a former JPMorgan Chase & Co banker is in talks with the Dubai ruler’s investment…
GFH Capital creates strategic partnership for the Entertainer
GFH Capital, recognized Investment Management Company (“GFH”), a wholly owned subsidiary of GFH Financial Group B.S.C., today announced its partnership…
DIFC boss in drive toward China’s ‘belt and road’
As the world’s tallest building, the Burj Khalifa in Dubai, slowly took on the colors and symbols of the flag…
Moelis & Co to apply for Saudi advisory licence -sources
Moelis & Co is preparing to apply for an advisory licence in Saudi Arabia to enable it to secure more…
Egyptian investment bank acquires 100% of Nigeria’s Primera Africa
EFG Hermes, a leading financial services corporation in frontier and emerging markets (FEM), has entered into a definitive sale and…
UAE advisers may be next for a cold-calling ban
Responding to news that real estate agents are now prohibited from cold calling or risk a AED50,000 ($13,613, €11,709, £10,436)…
Bank Audi is not merging with Bankmed
Bank Audi is not considering a merger with any big bank, and claims that it is in talks to acquire…
First Abu Dhabi Bank sells Jordan business to Société Générale
The UAE's biggest lender First Abu Dhabi Bank (FAB) has signed an agreement with French bank Société Générale's Jordan unit,…
FAB Appoints Head of Corporate and Investment Banking for the UAE
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s largest and safest financial institutions, has appointed…
EU lawmakers back plan for European Investment Bank work in Iran
EU lawmakers gave approval on Wednesday for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking…
Dubai's Emirates NBD raised around $52mln for Saudi equity fund: officials
Emirates NBD, Dubai’s largest lender, is planning to focus on exploring equity investments in Saudi Arabia and Egypt between now…