Investment Banking

Investment Banking

Dubai International Financial Centre hosts ‘Lebanese Banks Day’ with Banque Du Liban

May 14, 2017

Dubai International Financial Centre has  hosted select senior representatives from the Lebanese banking community at an industry-focused event in an…

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Investment Banking

Foreign Banks Setting Up Iran Branches

May 14, 2017

A number of foreign banks have submitted applications to set up branches in Iran, the Central Bank of Iran's deputy…

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Investment Banking

Egypt's CIB agrees to sell 10 pct of CI Capital

May 14, 2017

Egypt's largest listed bank, Commercial International Bank, has agreed to sell 10 percent of its investment banking arm CI Capital…

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Investment Banking

Iran doing business with 3 mega-banks of Japan

May 12, 2017

Indications have emerged in the media that three of the biggest Japanese banks are already doing effective business with Iran…

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Financial Results

JPMorgan to add bankers in Saudi Arabia to reflect market growth

May 11, 2017

JPMorgan  will increase the number of bankers it has in Saudi Arabia to around 80 by the end of the…

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Comment & Analysis

GCC Bank M&A Surge Unlikely, Despite Market Conditions

May 10, 2017

A surge in mergers and acquisitions among banks in Gulf Cooperation Council countries is unlikely due to structural impediments, despite…

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Investment Banking

Bahrain's GFH group says considering acquisition deals in financial, infrastructure sectors

May 8, 2017

* Aims to increase assets under management from $3.5 billion to $5.6 billion in 2017 by acquisition in financial services,…

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Investment Banking

EFG-Hermes suspends Nigerian expansion, readies Kenyan entry as regulators back license bid

May 7, 2017

EFG-Hermes Holding SAE, the Cairo-based investment bank expanding into frontier markets, may only start operations in Nigeria in 2018 because…

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Investment Banking

Qatar National Bank plans to apply for Saudi investment banking licence

May 4, 2017

Qatar National Bank, the largest bank in the Middle East and Africa, plans to apply for a licence from Saudi…

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Executive Moves

Suez Canal Bank appoints Hussein El-Refaie as new chairperson

May 3, 2017

The Suez Canal Bank's board of directors has elected Hussein El-Refaie as the new chairperson of the bank, succeeding Tarek…

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Financial Results

EIBank reports Dh16.57 million Q1 net profit

May 3, 2017

Emirates Investment Bank, an independent private bank based in the UAE on Tuesday reported Dh16.57 million net profits for the…

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Investment Banking

HRH Premier receives JP Morgan's CEO

May 3, 2017

HRH Premier stressed the historical status of Bahrain as a financial and banking hub in the region, praising the role…

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