Bank ABC Announces First Quarter 2018 Net Profit of $53 Million
Bank ABC's Group Chairman, Mr. Saddek Omar El Kaber, commented that We are starting the year well with improved growth…
Investment Banking
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Emirates Development Bank approves Dh50m fund for start-ups
Emirates Development Bank’s board of director approved a plan to launch a Dh50-million direct financing programme for start-ups and emerging…
Global distributes $32m to its clients investing in its equity fund GMFA
Global Investment House (Global), a regional asset management and investment banking firm headquartered in Kuwait with offices in major capital…
Emirates Investment Bank reports financial results for the first quarter of 2018
Operating income decreased 12.5% to AED 41.87 million (Q1 2017: AED 47.87 million) Total assets under EIBank’s management increased…
Mashreq appoints Head of Mashreq Al Islami segment and UAE national segment
Mashreq Bank has announced the appointment of Mr. Ibrahim Al Mheiri as the new Head of Mashreq Al Islami Retail…
ABN Amro to close Dubai office amid thin business for Dutch lender
The Dutch bank ABN Amro is winding down its operations in Dubai and will transfer some of its existing clients…
Burgan Bank Group Announces First Quarter 2018 Earnings
Burgan Bank Group announced today its first quarter earnings for the financial year 2018. The set of results for the…
Saxo Bank appoints new CEO for Mena region
Saxo Bank announced the appointment of Steve Weller as CEO of the Mena Region on Tuesday. Weller brings with…
Ebdaa Bank – Bahrain Attends "Middle East Investment Conference" in Cairo
Dr. Khalid Waleed Al Ghazawi, CEO of Ebdaa Bank, partook in “Middle East Investment Conference” in Cairo, Egypt where international…
Euromoney Middle East Awards for Excellence 2018 winners revealed
Bankers from across the Middle East gathered to attend the Euromoney Middle East Awards for Excellence dinner at Grosvenor House…
Standard Chartered reshuffles Africa and Middle East leadership team
Standard Chartered has named a new regional head of securities services and supporting team for its Africa & Middle East…
Bahrain's GFH Financial hires GIB to seek Saudi listing
Bahrain-based investment firm GFH Financial Group has hired Gulf International Bank to help it seek a cross-listing on Saudi Arabia’s…