SJ Berwin eyes Riyadh launch post King & Wood Mallesons merger
SJ Berwin will open a second Middle East base in Riyadh following its merger with King & Wood Mallesons, which…
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KPMG announces Global Islamic Finance leadership team
KPMG has appointed a Global Islamic Finance Leadership Team to support the continued growth and development of KPMG's Global Islamic…
CEO Anthony Mallis to retire from SICO
Bahrain-based regional investment bank, Securities & Investment Company, announced today (28 October) that its Chief Executive Officer, Anthony Mallis, has…
Bahrain Islamic Bank reports BD3.8 million in profits in nine months
The Bahrain Islamic Bank announced that the Bank made BD3.8 million in net profits during the first nine months ending…
Morgan Stanley Sees Worst Over for Middle East Banking
Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end…
Emirates NBD eyes Turkey buy amid foreign expansion
Emirates NBD is looking for acquisition targets in Turkey as Dubai's largest lender scouts for opportunities beyond its home market,…
World Bank to open first Islamic finance center in Istanbul
Borsa Istanbul's website says a ceremony will be held later on Monday to inaugurate the World Bank Global Islamic Finance…
EFG-Hermes Targets Gulf Banking Deals as Egypt Falters
EFG-Hermes Holding SAE, the Egyptian investment bank whose merger with Qatar’s Qinvest LLC collapsed in May, said it’s seeking deals…
HSBC Supports Local SMEs with EGP 300m Fund
HSBC, one of the largest multinational banks operating in Egypt, launched a EGP 300m International Growth Fund in Egypt on…
Jordan's Arab Bank 9 month net profit up 15.4 pct
Arab Bank Group continued its solid financial performance during 2013, posting a pre-tax net profit of $739.1m for the period…
The European Bank of Reconstruction and Development opens permanent office in Jordan
The London-based bank can help increase Jordanian businesses’ use of renewable energy. Describing the Kingdom as a role model…
Bahrain in Early Stages of Bank Merger Wave: Central Bank
Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the…