Emirates NBD debuts FaceBanking on online banking platform
Emirates NBD has launched FaceBanking, a first-to-market service that will offer the bank’s customers instant video and live chat with…
Investment Banking
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Barclays Trial on Qatar Payments Set for Jan 2019
Barclays trial and four former top executives accused of fraud over undisclosed payments to Qatari investors as part of a…
EFG Hermes makes $21.5 million investment in Frontier Investment Management Partners
EFG Hermes UAE, a wholly owned subsidiary of EFG Hermes Holding, has entered into definitive agreements to invest $21.5 million…
Doha mall's $1 billion-plus loan refinancing frozen amid Qatar boycott
The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been…
Goldman, JPMorgan, HSBC vie for lead roles in listing UAE's ADNOC unit
Abu Dhabi's national oil company is weighing proposals from Goldman Sachs, First Abu Dhabi Bank, HSBC and JPMorgan for lead…
AfDB, IsDB sign 2bn deal
Both parties have agreed to jointly pull together the sum of US $2 billion over the next three years to…
Kuwaiti, Chinese officials discuss expanding strategic cooperation
Kuwait's Deputy Premier and Finance Minister Anas Al-Saleh held talks Wednesday with a visiting Chinese delegation to discuss boosting strategic…
Gulf retail sector to present sustained growth
The retail sector of the Gulf Cooperation Council will reach revenues of USD 313.2 billion in 2021. The GCC…
Leumi Initiates an Additional Efficiency Plan, Following the Steps Taken Over the Last Few Years
The Leumi Group has announced that its Board of Directors has approved an additional efficiency plan, following the efficiency measures…
Nomura Appoints Head of Global Markets, EMEA
Nomura has announced that it has appointed Fred Jallot, as Head of Global Markets, EMEA.* Mr. Jallot, who is…
Middle East investment banking fees shrink 15 per cent in the first half of 2017
Middle Eastern investment banking fees totalled an estimated $462.1 million (Dh1.7 billion) during the first six months of 2017, down…
Qatar's central banker boasts $340B in reserves, says country not worried about the current boycott
The governor of Qatar's central bank believes the country's economy will be able to fully withstand any financial shocks brought…