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…
Investment Banking
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Egyptian Electricity Holding to raise $700mln loan with HSBC and Credit Suisse – sources
State-owned Egyptian Electricity Holding Company is raising a syndicated loan of up to around $700 million with Credit Suisse and…
Global reports financial results for Q1
Global Investment House, a regional asset management and investment banking firm headquartered in Kuwait, with offices in major capital markets…
Banks Forced Into Qatar-Saudi Feud
Bankers have tried to stay neutral in the diplomatic fight between Qatar and its neighbors, Saudi Arabia and the United…
Mashreq closes $100m facility for Stanbic Kenya
Mashreq bank, a leading financial institution in the UAE, recently closed S$ 100 million dual tranche syndicated term facility for…
Saudi's Al Rajhi Bank Q1 net profit up 7.3 pct
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 7.3 percent rise in first-quarter net profit on Tuesday,…
Banque Misr chairman says he was chosen as UAB deputy head unanimously
Chairman of Banque Misr Mohamed el Etreby said that he was chosen as deputy head of the Union of Arab…
Bank Muscat joins hands with MetLife
Bank Muscat, flagship financial services provider in the Sultanate, and MetLife, one of the world’s leading financial services companies, signed…
Top US court rules for Arab Bank in Israel attack case
Victims of attacks in Israel cannot use an 18th century law to sue the Arab Bank, a multinational financial institution,…
World Bank says service sector growth, digital investment could boost job growth in MENA region
Investments in digital technologies could potentially lead to a growth in service sector jobs in major Middle East and…
Goldman Sachs to Relocate Dubai Banker Mazen Makarem to New York
Mazen Makarem, a senior banker with Goldman Sachs Group Inc. in Dubai, is relocating to New York to cover private…
Bank Muscat CEO ranked among top CEOs in GCC region
In recognition of his outstanding contribution to the banking and financial sector in Oman and the Gulf Cooperation Council region,…