HSBC sidesteps high-profile Qatar deals in Gulf gauntlet
A boycott of Qatar by its neighbors has prompted HSBC to turn down a leading role on Doha’s new dollar…
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Mideast investors have reasons to retain trust in City
With office investment in 2017 in the City of London hitting £12.2 billion — doubling the 10-year annual average (£6.259…
Bank Leumi CEO in Talks to Take Pepper Mobile Bank Global
After aggressive digitalization and cost-cutting programs helped turned around Bank Leumi Le-Israel Ltd., Chief Executive Officer Rakefet Russak-Aminoach is preparing…
Now Hiring Women for Top Posts: Saudi Banks
Emirates NBD Capital, the investment banking unit of Dubai’s biggest lender, joined Citigroup Inc. and Samba Financial Group in appointing…
Saudi bank merger outlook to be clear by end-Q1 -central bank chief
The outlook for a proposed merger of Saudi British Bank and Alawwal Bank will become clear by the end of…
BMI Investment Arm to Sell Shares in 30 Firms
Bank Melli Iran’s large-cap investment arm, Tosee Melli Group Investment Company, is planning for a major downsizing by selling off…
Dubai’s Shuaa Capital in talks to acquire Kuwait’s Amwal
Dubai’s Shuaa Capital has announced it is in discussions to acquire Kuwaiti investment bank Amwal International Investment Company. In…
Abu Dhabi Commercial Bank Announces New Appointments
Abu Dhabi Commercial Bank Announces New AppointmentsAbu Dhabi Commercial Bankannounces the promotion of Siddiqa Abbas as Group Chief Operations Officer…
UAE, Saudi business confidence dips over VAT launch
Business confidence in the UAE and Saudi Arabia dipped ahead of the launch of VAT due to concerns over increased…
Bank of China looks to finance infrastructure projects in Turkey
The Bank of China, the largest Chinese financial provider of the Belt and Road initiative, aims to support Turkey's stronger…
Kroll Report highlights heightened fraud, cyber, and security risks
Key survey findings include: All-time high incidence levels. Businesses reported all-time high levels of fraud (84%), cyber (86%), and security…
Citi gets Saudi go-ahead for investment banking business
Citigroup has won formal approval from Saudi Arabia’s Capital Market Authority to begin investment banking business there, the US bank…