Analysis: Abu Dhabi mergers have similar causes but different purposes
In response to two recent Abu Dhabi mergers – National Bank of Abu Dhabi with FGB and the International Petroleum…
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Profile of a Middle East corporate fraudster
As the world moves into a new era of digital integration and smart technologies, organisations are grappling with unprecedented fraud…
Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion
Qatar Investment Authority is keen to buy Sahara's stake in 3 overseas hotels for $1.6 billion, as per a CNBC…
ICC Qatar holds banking workshop in Doha
International Chamber of Commerce Qatar (ICC Qatar), along with sponsors Qatar National Bank and Ahli Bank, recently held its first…
Persian Gulf’s Huge New Export: Debt
The energy-producing states of the Persian Gulf are issuing bonds at the fastest clip ever, showing how the oil bust…
Tara Smyth named J.P. Morgan Private Bank's Middle East market head
J.P. Morgan Private Bank, a part of JPMorgan Chase & Co, appointed Tara Smyth the head of its Middle East…
Emirates National Oil Company secures $230 million loan from Chinese bank
The Emirates National Oil Company has secured a $230 million unsecured loan from the Industrial and Commercial Bank of China…
A&O and Freshfields advise in $175bn bank merger
Allen & Overy and Freshfields Bruckhaus Deringer have advised on the creation of the biggest bank in the MENA region.…
Qatari Banks' Rising Foreign Liabilities Not An 'Immediate Concern', Says EIU
Rapidly rising foreign liabilities of commercial banks in Qatar will not be an “immediate concern” as those can be “easily…
New Islamic bank to set up shop in West Bank, Gaza
The market share of Islamic banks in Palestine is remarkably low, no more than 11% in 2015. There are only…
News from around the EMEA region, July 7.
Hotel industry and travel news from around the Europe, Middle East & African region: Impact of BREXIT on the European…
HSBC commercial banking appoints new regional head for APAC
HSBC Commercial Banking on July 6 announced two internal leadership appointments, with Stuart Tait being named regional head of commercial…