Troubled Saudi Oger sells 2.8 pct stake in Saudi Investment Bank
Financially troubled construction company Saudi Oger sold a 2.8 percent stake in Saudi Investment Bank, bringing its stake in the…
Investment Banking
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Citigroup Said to Name Saudi Arabia CEO as It Seeks Return
Citigroup Inc. named Carmen Haddad to rebuild its Saudi Arabian business more than 10 years after losing a key banking…
Dubai's Shuaa moving HQ to Abu Dhabi -sources
Dubai-listed investment bank Shuaa Capital plans to move its headquarters to Abu Dhabi, sources told Reuters on Thursday. Shuaa,…
Qatar's Commercial Bank Unveils Blockchain Remittance Pilot
The Commercial Bank of Qatar, the country's largest private bank, has successfully completed a blockchain pilot in conjunction with a…
GIB Capital wins four EMEA Finance Awards
GIB Capital has won four awards recently at the 2016 EMEA Finance Middle East Banking Awards in Dubai. GIB…
Intesa Sanpaolo sets up new branches in Abu Dhabi, Doha
Intesa Sanpaolo, Italy's biggest bank by market value, said on Sunday that it had set up new branches in Abu…
Societe Generale to bring French expertise to GCC smart cities
Societe Generale Middle East and Bpifrance, the French public investment bank, are partnering with Business France to bring companies to…
Italy’s biggest lender, Intesa, expands into competitive Abu Dhabi
Banca Intesa Sanpaolo, Italy’s biggest bank by market value, said it is expanding its corporate and investment banking business with…
Qatar shaikh said to use margin loan for Deutsche Bank stake
One of Deutsche Bank AG’s key Qatari shareholders is using a margin loan of about $1 billion Dh3.67 billion, backed…
QIA sells stake in Santander Brasil worth $737m
Qatar Investment Authority sold about 2.5 per cent of Banco Santander Brasil SA for 2.3 billion reais $737 million in…
Turkish regulator gives new permits for PASHA Yatirim Bankasi
Turkey’s Banking Regulation and Supervision Agency has given permits for PASHA Yatirim Bankasi A.S., said a message posted on the…
Fidelity awarded $300m pan-European mandate by Saudi Arabia’s leading investment bank
The pan-European mandate will target core/core plus assets across Germany, France, Benelux and the UK. The vehicle provides $150m of…