Emirates NBD Saudi Arabia PMI
Saudi Arabia's non-oil private sector suffered a loss of growth momentum at the end of 2015, with business conditions improving…
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EM banker leaves Deutsche Bank
Neil Shuttleworth, head of debt syndicate for Central and Eastern Europe, Middle East and Africa at Deutsche Bank, has left…
ICBC Standard Bank appoints Stoole for new job
ICBC Standard Bank has appointed Robin Stoole as head of debt primary markets for Europe, the Middle East and Africa…
Warba Bank acquires portfolio in US company – Investment worth $2 bln
Warba Bank, a leading bank in Kuwait, has announced the acquisition of equipment leasing portfolio managed by ATEL Capital Group,…
11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB
Assets of the Egyptian banking sector have increased by 11.6% during the first nine months of 2015 to about $250bn,…
Turkey must harmonize laws with China-backed bank before Jan. 16
Turkey has until Jan. 16 to harmonize its domestic laws with the legal structure of the Asian Infrastructure and Investment…
Sovereign-Wealth Funds Agree to Invest $380 Million in Italian Property
Sovereign-wealth funds are picking up Italian real estate as the nation’s economy recovers. Government investment funds in Azerbaijan, Abu…
EFG Bank Monaco eyes treble at 2016 EFG Sailing Arabia The Tour
EFG Sailing Arabia – the Tour reigning champions Team EFG Bank Monaco have confirmed they will be back in 2016…
Pressure Grows on Saudi Arabia to Ditch Dollar Peg
The prolonged rout in oil has left Saudi Arabia’s long-standing peg of its currency to the dollar at its most…
BankDhofar Successfully Closes US$250 Million Term Loan
BankDhofar has announced the successful closing of a $250 million, three-year term loan facility where Bank ABC, BNP Paribas, Commerzbank…
Leading UAE law firm announces two partner appointments
Leading UAE law firm, Hadef & Partners , announces two Partner appointments in its Dubai Dispute Resolution team. Kadry…
UAE regulator tells banks to seek approval before disclosing dividends
Banks in the United Arab Emirates have been told to get dividends approved by the central bank before announcing the…