BMI Bank signs key agreement with firm
BMI Bank yesterday signed a strategic agreement with leading regional insurer Medgulf Allianz Takaful. Medgulf Allianz Takaful is a newly…
Mergers & Acquisitions
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A&O stays true to strategy with Istanbul launch
Allen & Overy (A&O) is launching an office in Turkey as the firm pushes ahead with its strategy to target…
ENBD names wholesale banking group head
Emirates NBD has named a new group head of wholesale banking as well as a new interim chief executive for…
Middle East investor closes deal for London hotels
Morgans Hotel Group Co, the operator and 50 percent owner of two luxury hotels in London, has completed the sale…
Swiss private bank targets Middle East expansion
Julius Baer, the Swiss private bank, is in acquisition mode as it expands in the Middle East and attempts to…
UAE's biggest bank to consolidate operations
Emirates NBD PJSC (EMIRATES), the United Arab Emirates’ biggest bank by assets, will consolidate its investment banking and corporate finance…
Top Mideast banks to wed operations
An operational merger of Dubai Bank and Emirates Islamic Bank (EIB), two Islamic banking entities owned by Emirates NBD, is…
Morgan Stanley Appoints new MENA head
Morgan Stanley has announced the appointment of Kamal Jabre as Chairman and CEO for the Middle East and North Africa…
Bank of Bahrain & Kuwait to scale up India operations
The Bank of Bahrain & Kuwait, or BBK, plans to scale up its operations in the country and increase its…
Trend of M&As in the region will continue: Lazard CEO
"Even as many of the world's largest economies continue to struggle with excessive debts and difficult fiscal choices, the Kingdom's…
Fincorp, Rasmala form alliance
The Financial Corporation Co SAOG, “Fincorp” and Rasmala Investments (Oman) announced yesterday the signing of a Memorandum of Understanding (MoU)…
Al Baraka Banking Group is expanding in the Saudi market
Al Baraka Banking Group BSC (ABG), the Islamic banking group based in the Kingdom of Bahrain, announced the acquisition of…