Saudi Arabia to Pick JPMorgan, Banker Klein for Aramco IPO
JPMorgan Chase & Co. and Michael Klein, the former Citigroup Inc. investment banker who runs his own boutique, have been…
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UAE firms replacing staff with consultants, says report
Companies in the United Arab Emirates are reducing their long-term staff count and replacing them with short-term consultants in a…
Bin Faqeeh real estate investment co. To participate in 2016 gulf property show
Bin Faqeeh to showcase the latest and most exciting developments Manama, Bahrain: The kingdom's premier privately-owned real estate investment…
Al Baraka Bank begins due diligence of Burj Bank
Al Baraka Bank has begun conducting due diligence of Burj Bank, which may lead to the amalgamation of two of…
al khaliji Bank Reports 8% Increase in Net Profit for the First Quarter of 2016
Net profit of QAR 156.2 million increased 8% year on year Total assets reached QAR 59.4 billion; 12% growth on…
Kuwait Finance House Q1 net profit rises 14 pct on lower costs, provision
Kuwait Finance House reported a 14 percent rise in first-quarter net profit according to a statement on Wednesday, as the…
Middle Eastern Mergers & Acquisitions reached US$4.7 billion in Q1 2016
Investment banking fees reached US$178.2 million in Q1 2016 Equity & equity-related issuance totalled US$228 million in Q1 2016 Debt…
Insurance House Returns to Profit Zone
Insurance House PSC (IH) registered a Total Comprehensive Income of AED 2.05 million during the first quarter ending 31 March…
Fitch: Sukuk Take Record Share of 1Q16 Issuance in Key Markets
The proportion of sukuk bond issuance hit a record in the first quarter of 2016 in the main markets for…
Qataris spending priorities changing, reveals American Express Middle East survey
Findings from a survey commissioned by American Express Middle East across five GCC countries show residents of Qatar spend more…
QIC posts GWP of QAR 2.7 billion in Q1 2016
Qatar Insurance Company (QIC), Qatar's leading insurer yesterday announced the results of its first quarter ended 31st March, 2016. …
Mourant Ozannes advises on $490 million Travelex financing
Mourant Ozannes has advised the shareholders of foreign exchange company Travelex Holdings on a $490 million financing. Mourant Ozannes…