Will Qatar return to haunt Barclays?
Before Easter, quite possibly next week, the Serious Fraud Office will make the biggest decision in its 30-year history. …
Investment Banking
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Axis Bank to raise funds from Dubai
The board of directors of Axis Bank have passed a resolution approving the allotment of 3-year Senior Floating Rate Notes…
Apicorp partners with Goldman Sachs
The Arab Petroleum Investments Corporation has inked an agreement with Goldman Sachs, the multinational investment bank, to create an investment…
Qatar’s economy is going to get worse before it gets better
It’s likely going to be a few more years before Qatar’s economy begins to show signs of recovery, according to…
Oman agrees to deepen ties with Iran central bank
Oman's central bank has signed a memorandum of understanding with the Iranian central bank to strengthen financial and economic cooperation…
Egypt's largest bank seeks new funding from European financiers
Egypt’s biggest lender, the state-owned National Bank of Egypt is negotiating a new funding from four European financiers under the…
EFG Hermes reports net profits of EGP 1.6 billion for FY2016
Robust top- and bottom-line growth were driven by prudent balance sheet management, a growing contribution from its new non-bank financial…
Arqaam Capital launches global macro hedge fund
Arqaam Capital, a specialist emerging markets investment bank, has launched a global macro multi-asset fund as part of its growth-led…
Kuwait Seeks to Attract Foreign Cash
Ali Taqi, head of equities at Rasmala Investment Bank, discusses the Kuwait Bourse seeking to attract foreign investment and the…
Deutsche Bank reduces check clearing in euros in Middle East
Deutsche Bank is to stop clearing checks denominated in euros for some banks in the Middle East, according to sources…
Qatari connection casts long shadow over Barclays
On a balmy evening in 2007, the Tunisian wife of an Italian industrialist introduced a high-flying Scottish banker at Barclays…
Barclays Qatar Investigation Said to Be Re-Opened by U.K. FCA
The U.K. Financial Conduct Authority has re-opened its investigation into Barclays Plc’s 2008 emergency fundraising from Qatar despite issuing a…