Barclays in Talks With SFO on Qatar-Probe Deal
Barclays Plc is in talks with the U.K. Serious Fraud Office over a possible deal to avoid new charges against…
Investment Banking
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Saudi Aramco Hires Citi to Lead $2 Billion UK-Backed Loan: Sources
Saudi Aramco has appointed U.S. investment bank Citi to lead a $2 billion financing backed by Britain, sources familiar with…
Mashreq Bank honours CEO with ‘wellness leader’ award
Mashreq Bank, a leading privately owned bank in the UAE, recently honoured its CEO Abdul Aziz Al Ghurair with the…
Saudi Aramco asked banks to pitch for a role in its $2 trillion IPO
Saudi Arabia's state oil company requested pitches from banks to be coordinators and bookrunners for its record breaking initial public…
Mashreq announces new Head of Corporate and Investment Banking
Abdelaal brings over two decades of experience in senior roles across international and regional banks, including Arab Bank, ABN AMRO…
Mashreq Announces New Head of Corporate and Investment Banking
Mashreq Bank, the UAE’s leading financial institution, announced the joining of Ahmed Abdelaal as Group Head of Corporate and Investment…
Citibank: ‘We’re committed to Saudi Arabia and here to stay’
Business journalists had a problem when Carmen Haddad was appointed chief executive of Citibank in Saudi Arabia earlier this year:…
Citi Hires Investment Banking Head for Saudi Arabia
Mr. Majed Al Hassoun, who will be based in Riyadh, initially will build up the operation to focus on working…
Clifford Chance advises consortium of banks on $457 million Reem Mall financing
Clifford Chance advised Standard Chartered Bank (SCB) as part of a consortium of banks on a seven year senior credit…
Majority Of GCC Banks’ Ratings Outlook To Remain Stable
Two thirds of GCC bank ratings are on stable outlook with only about 30 per cent with negative outlook according…
Ignore Rumours Online About Our Banking Services: Bank Muscat
A Whatsapp recording being shared online has prompted Bank Muscat to issue guidance to customers. Bank Muscat has assured…
SMBC to set up unit in Saudi Arabia
Sumitomo Mitsui Banking will establish a subsidiary in Riyadh by the end of the year, in an effort to help…