Qatar First Bank announces second Qatar share float since 2010
Qatar First Bank will list shares on the Qatar exchange on Sunday, a bourse statement said, in what will be…
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Saudis threaten $750B asset sale, but experts question it
Saudi Arabia says it may sell off $750 billion in U.S. assets if a Congressional vote doesn't go its way,…
Millennium Capital hires senior trader from J.P. Morgan
Millennium Capital Management, the hedge fund with a reputation for both lifting out investment banks’ traders and churning its money…
Ethica Joins Leaders in Switzerland at Arab Banking and Finance Forum
As Knowledge Partner at the Zurich conference, Ethica Institute of Islamic Finance joins banking leaders from around the world to…
Ahlibank registers net profit of QR165mn in Q1
Ahlibank has earned a net profit of QR164.9mn in the first quarter of this year, the bank said yesterday. …
Fitch Downgrades 7 Saudi Arabian Banks; Revises Outlook of 4 Others to Negative
Fitch Ratings has downgraded the Long Term Issuer Default Ratings of seven Saudi Arabian banks. The affected banks are…
Middle East M&A reach $4.7 billion in Q1 2016
Middle Eastern investment banking fees reached $178.2 million during the first quarter of 2016, a 17 per cent decline compared…
Layoffs at Emirates NBD bank
Dubai’s largest bank has laid off 300 members of staff. A spokesperson for Emirates NBD told Reuters that 100…
QIIB first-quarter net profit rises 5.1% to QR223.1mn
QIIB has posted a first-quarter net profit of QR223.1mn, up 5.1% on the same period last year. Announcing…
Middle East M&A reach $4.7 billion in Q1 2016
Middle Eastern investment banking fees reached $178.2 million during the first quarter of 2016, a 17 per cent decline compared…
Consultants in the Gulf Are Doing Just Fine
It’s a great time to be a consultant in the Gulf Cooperation Council. Less so for bankers. Demand…
Quantum Global Group Announces Regional Expansion Plans in Africa and the Middle East
Quantum Global Group, an investment firm focusing on Africa, today announced expansion plans across Africa and the Middle East. …