Head of IT at Al Baraka Banking Group wins four IT awards
In recognition of his leadership role in the field of Information Technology and specifically in Islamic banking industry, the Head…
Investment Banking
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Mena investment banking fees declined 6% in first quarter 2018
Middle Eastern & North African (Mena) investment banking fees declined six per cent year on year in the first quarter…
Dubai-based Abraaj hires Houlihan Lokey for health fund advice after dispute
Dubai-based private equity firm Abraaj has hired U.S. investment bank Houlihan Lokey to help it try to stem the fallout…
How Standard Chartered's regional CEO brought the bank back to form
In three short years, Sunil Kaushal Standard Chartered's Africa and Middle East CEO has transformed the bank into a regional…
Standard Chartered forecasts GCC economies to grow 2% this year
Standard Chartered economists expect budgets deficits across the GCC to narrow this year and are forecasting a pick-up in consumption…
Canara Bank to shut three branches in Leicester, Bahrain and Shanghai
Canara Bank will close its three foreign branches — Leicester (UK), Bahrain, and Shanghai — and sell its 50 per…
Bank of India gets UAE central bank’s approval to close Dubai branch
Bank of India on Monday said the Central Bank of the UAE has allowed it to close its Dubai representative…
Riyadh-Based GIB Capital wins Best Investment Bank
Riyadh-Based GIB Capital wins Best Investment Bank in Bahrain for new Financial Technology & Best Investment in Bahrain by New…
Banks see fast pace for MidEast, Africa deals in bumper year
Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper…
Banks See Fast Pace for Mideast and Africa Deals in Bumper Year
Asset sales from Saudi power plants and football clubs to African energy firms are set to help deliver a bumper…
Gulf General Investment Company in talks with lenders to restructure debt
Gulf General Investment Company is in talks with lenders to restructure loan and credit facilities after defaulting on a payment…
Emirates NBD shareholders approve Dh7.3 billion rights issue
The eleventh annual general meeting of Emirates NBD on Tuesday approved the bank’s proposed increase of capital through a rights…