ICBC lists 2 bonds on Nasdaq Dubai
THE Industrial and Commercial Bank of China became the biggest bond issuer on Nasdaq Dubai after listing two new bonds…
Investment Banking
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JP Morgan bolstering Saudi Arabian business in anticipation of FDI flows
JP Morgan Chase is bolstering its business in Saudi Arabia, adding new services and hiring staff in anticipation of increased…
UAE non-oil growth slows to five-month low, says Emirates NBD
The UAE’s non-oil private sector economy slowed in February, with business conditions improving at their weakest rate in five months,…
EFG Hermes to enter second sub-Saharan African country in 2018
EFG Hermes, Egypt's biggest publicly traded investment bank, will expand into a sub-Saharan African country this year as part of…
Lebanon’s banks are real reason for country’s resilience
Lebanon’s resilience is famous. Since the civil war ended in 1990, Lebanon has survived Israeli onslaughts in 1996 and 2006,…
NBK: Fed chair reiterates tightened monetary policy
US Fed Chair Jerome Powell iterated on the Fed's path to gradually tighten the monetary policy amid the accelerated growth…
Deutsche Bank, JPMorgan hire as banks look past Saudi crackdown
Global banks are pushing ahead with growth plans in Saudi Arabia four months after a crackdown on corruption. Lenders…
Bank of New York Mellon Corp plans to set up Saudi office: sources
Bank of New York Mellon Corp plans to establish an office in Saudi Arabia as early as the second quarter…
Deutsche Bank planning UAE hires
Deutsche Bank AG is expanding in Saudi Arabia and the United Arab Emirates as the lender expects sovereign bond sales…
Saxo Bank warns of possible global economic slowdown
The GCC states are likely to face economic challenges this year due to the increased risk of a global slow-down…
Standard Chartered restarts dividends as profit returns
Standard Chartered has restarted its dividend after leaving shareholders empty-handed for two years, as the emerging markets bank returns to…
Citi hires Costa for EMEA retail investment banking
Citigroup has appointed Roberto Costa as a managing director for consumer and retail investment banking in Europe, Middle East and…