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…
Investment Banking
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Al Masraf: Enhancing the Banking experience through Comprehensive Services
Building on our achievements over the past years, we feel pleased with the 2016 results of the Arab Bank for…
Bank Hapoalim Announces First Quarter 2017 Financial Results
Net Profit totaled NIS 767 million Return on Equity of 9.2% Cash Dividend Payout increased to 40% …
Turkish banking sector 2017 loan growth may exceed 15 pct – Isbank CEO
Turkey's banking sector loan growth may exceed 15 percent this year, lower than an expectation of some 20 percent, IsBank…
EGBANK signs $20m loan agreement to finance SMEs
EGBANK has signed a loan agreement with the European Investment Bank (EIB) to receive a $20m loan to finance small…
HSBC Qatar picks up three honours at Euromoney awards
HSBC received three major awards at the annual ‘Euromoney Awards for Excellence’ event held in Dubai recently. HSBC was…
EFG Hermes acquires Pakistani brokerage Invest and Finance Securities, inaugurates Pakistan office
EFG Hermes inaugurated its office in Karachi, Pakistan on Monday, following the firm’s acquisition of Pakistani brokerage Invest and Finance…
Barclays sees wealth funds, bank mergers driving Mideast deals
Barclays sees bank mergers and sovereign wealth funds’ technology investments driving Middle East dealmaking this year as the region adapts…
Banque Saudi Fransi garners 6 honors at Banker Middle East Awards
Banque Saudi Fransi was revealed as a big winner at the Banker Middle East Industry Awards, which was held in…
UAE Central Bank stops sale of savings/investment and Takaful/Insurance products
The circular states that the UAE Central Bank has received an increasing number of complaints in relation to savings/investment and…
Saudi sale of the century lures foreign investment banks, PE firms
One of the world's largest privatization programs is drawing foreign investment banks and private equity firms to Saudi Arabia, despite…
NBAD reports AED2bn trading since merger
A total of AED2 billion ($544 million) worth of transactions were conducted via National Bank of Abu Dhabi’s share since…