JPMorgan plans to hire in Saudi Arabia as Kingdom weighs reforms
JPMorgan Chase & Co is looking to hire in Saudi Arabia as the world's biggest oil exporter weighs asset sales…
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CEO hopes to settle Saudi firm’s $6B of debts
A Saudi company that's owed $6 billion in debt since a 2009 crisis hopes to soon reach a tentative agreement…
Arab Israel Bank CEO resigns after Leumi merger
Meanwhile, an ongoing Bank Leumi inquiry is investigating allegations of money laundering against Danny Gitter. Arab Israel Bank CEO…
Lower revenues, higher provisions hit National Bank of Abu Dhabi profits
National Bank of Abu Dhabi , the United Arab Emirates's largest lender by assets, reported a 24.5 percent drop in…
FEP Capital Wins IFM 2015 Awards
London-based International Finance Magazine presented the 2015 awards for 'Fastest Growing Investment Bank' and 'Best Private Equity Company' in Egypt…
Sharjah Islamic Bank net profit rises by 9% and proposes 10 % cash dividend
Sharjah Islamic Bank achieved good results with a net profit of AED 409.9 million in 2015 compared to AED 377.2…
Bank Muscat Board proposes dividend for 2015
In addition, five per cent dividend in the form of bonus shares has been proposed. The bank has retained…
SABB wins "Best Trade Finance Bank in Saudi Arabia" award
The Saudi British bank won "Best Trade Finance Bank for 2015 in the Kingdom of Saudi Arabia" award for…
International law firm bolsters Dubai office
International law firm Berwin Leighton Paisner has announced the appointment of Raza Mithani, an International Arbitration and Dispute Resolution Partner,…
KIB reports KD 16.1 mln net profits for 2015
The Kuwait International Bank has reported net profits of KD 16.1 million for the year 2015, compared to KD 13.7…
Dubai Trade adds Dar Al Takaful PJSC as another Islamic insurer on Tradeshield platform
Dubai Trade, the premier cross-border trade facilitator, has announced that Dar Al Takaful PJSC , the UAE Islamic insurance company…
Amanda Staveley sues Barclays for almost £1bn
Barclays has been hit with a lawsuit for nearly a £1bn from Amanda Staveley, the deal-maker with a host of…