Rising AED banking deposits reflect growing confidence in UAE economy
In a bullish sign reflecting the growing confidence in the UAE economy and improvement in the investment climate, UAE Dirham-denominated…
Investment Banking
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Euromoney names Citi ‘Best Investment Bank in Kuwait’
Euromoney Magazine recently named Citi as the Best Investment Bank in Kuwait for the period covering the past twelve months. …
UAE economy poised for growth pick up, EFG-Hermes says
The UAE’s economy will turn the corner next year, with growth outstripping 2017, thanks to improvement in the nonoil economy,…
Clifford Chance advises NBK on GMTN programme
Clifford Chance has advised National Bank of Kuwait on the establishment of its $3 billion Global Medium Term Note programme…
Bahrain’s GFH receives $2.5m as legal settlement from Prescott Energy
Bahrain-based investment bank Gulf Finance House has received $2.5m in cash as the legal settlement in a case filed against…
HSBC appoints Head of International, Middle East
Abdul Fattah Sharaf, Group General Manager and Chief Executive Officer, UAE, has been appointed as “Head of International, HSBC Bank…
UAE Central Bank orders closure of money exchange
The UAE Central Bank has ordered the closure of a small money exchange house after detecting irregularities, official sources told…
Saudi insurer MedGulf says weighing sale of business
The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi insurer known as MedGulf, is weighing putting itself up for…
Deutsche Bank Sees Saudi Inflows Topping $35 Billion on MSCI
Saudi Arabia could attract tens of billions of dollars in foreign investments in the Arab world’s biggest stock market if…
Qatar and UK continue to count the cost of Barclays bailout
Be careful what you wish for in the world of international banking — you might just get it. That…
Banking on Saudi Arabia's 'very realistic' privatisation plan
What is your first impression of a typical senior executive from Deutsche Bank? A thrusting Frankfurter perhaps, or a…
Noor Financial Investment said to weigh sale of stake in Pakistan’s Meezan Bank
Kuwait’s Noor Financial Investment Co. is weighing the potential sale of its 49 per cent stake in Pakistan’s largest Islamic…