Burgan Bank successfully completes its rights issue
Kuwait’s Burgan Bank has announced the successful completion of its rights issue, whereby the bank raised KWD 62.55 million of…
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UAE calls for IMF, World Bank support in Mena region
Addressing the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bali, Indonesia, Obaid Humaid Al Tayer, Minister…
Bank Muscat posts OMR134.74mn net profit
Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary results for nine months ending September 30, 2018.…
Pierre Mariani joins AlixPartners as Managing Director out of Dubai
AlixPartners has appointed international financial services expert and former French government aide Pierre Mariani as a Managing Director in the…
Bank of Beirut Implements Wolters Kluwer’s IFRS 9 Solution
Bank of Beirut has implemented Wolters Kluwer’s OneSumX to provide its software for managing International Financial Reporting Standard (IFRS) 9.…
The head of EMEA equity sales quietly left Bank of America Merrill Lynch
Michel Sindelbar, the former head of Eastern Europe, Middle East and Africa (EEMEA) equities sales and then EMEA distribution at…
J P Morgan appoints senior expert to Mena team
J P Morgan Private Bank, a global financial leader providing advice and customized solutions, has announced the appointment of Adrian…
Saudi Arabia’s investment conference set to attract movers and shakers from business world
Saudi Arabia’s sovereign wealth fund’s Future Investment Initiative conference is slated to attract movers and shakers from across the business…
Oman Arab Bank and Alizz Islamic merger ‘credit positive’, says Moody’s
The proposed merger between Oman Arab Bank and Alizz Islamic Bank – the latest in a wave of planned consolidations…
UAE issues federal law on public debt
The UAE’s finance ministry has announced a public debt law permitting the federal government to begin issuing sovereign debt and…
PBI Global Awards winners announced
Private Banker International Global Awards were announced on Friday at the event ceremony in Singapore. See the full list…
Doha Bank achieves continuous compliance with the ISO 20000
Doha Bank has successfully achieved continuous compliance with the ISO 20000 standard. The outcome of the audit determines an organisation’s…