Qatar Pours Billions More Into Banks as Gulf Crisis Drags On
Qatari authorities stepped up their support of domestic banks for a third month in an attempt to offset foreign withdrawals,…
Investment Banking
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Mashreq launches new e-commerce platform
Mashreq Bank has launched Global Cashback Mart, an exclusive e-commerce platform for its credit card customers in the UAE. …
Alwaleed to buy Credit Agricole's $1.5bn Banque Saudi Fransi stake
Saudi billionaire Prince Alwaleed bin Talal will buy about half of Credit Agricole SA’s stake in Banque Saudi Fransi, in…
Impact of evolving demographics on Kuwait banking
Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz”, recently released a report titled ‘Demographics & Kuwait Banking’, analyzing…
KAMCO appoints Anwar Abu Sbaitan as Senior Executive Officer of KAMCO DIFC office
This appointment comes as part of KAMCO’s committed focus on expanding its operations through KAMCO DIFC, the firm’s first international…
TSYS Signs PRIME Agreement with Mashreq Bank in Dubai
TSYS has announced that it has signed a software licensing and services agreement with UAE leading financial institution, Mashreq Bank. …
The Banker Names FAB ‘Most Innovative Investment Bank’ for the MENA Region
First Abu Dhabi Bank, the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Most…
The Banker Names FAB ’Most Innovative Investment Bank’ For The MENA Region
First Abu Dhabi Bank has been named ‘Most Innovative Investment Bank’ for the MENA region, at The Banker’s prestigious 2017…
Asteco appointed exclusive sales agent for luxury villa development in Jordan
Asteco’s Jordan franchise selected to sell 175 villas in exclusive gated community, Andalucía, developed by Jordan Kuwait Bank; Asteco to…
Citi returns to UBS for second big banking hire of the week
Citigroup has made its second hire of the week from the senior investment banking ranks of rival UBS, this time…
Egypt's Pharos advising on deals worth $400 mln
Egyptian investment bank Pharos Holding is advising on 7.5 billion Egyptian pounds ($428 million) worth of deals expected to close…
EMbankers fret overQatari bank return
The Qatari banking system saw a combined $22bn-equivalent of withdrawals and interbank placements in June and July, according to Mitsubishi…