04/24/2019
GIB converts Saudi branches into local bank with $2bn capital
The establishment of local arm is part of GIB’s strategy to strengthen its presence in the Saudi market.
Investment Bank
04/17/2019
Citi Expands ETF Servicing Capabilities in EMEA
The launch of Citi’s ACES platform highlights our commitment to continuously strengthen our offering and support our clients’ ETF needs holistically across products and geographies.
04/16/2019
Citi inaugurates new offices at Abu Dhabi Global Market
Citi’s ADGM branch, located in ADGM Square Al Sila Tower, will provide cutting-edge liquidity management services to clients
04/14/2019
Emirates NBD eyes international markets for growth
Bank says it believes consolidation in over-crowded UAE banking is likely
04/08/2019
Deutsche Bank Middle East CEO admits market sentiment is poor for Gulf economies
Investors have held concerns about the region in recent years.
04/08/2019
HSBC sees growth in green finance with low carbon push in Menat region
Sustainable finance accounted for about 1% of the total global bond market of $19.4 trillion last year
04/08/2019
GFH shares on DFM see sudden volume spurt
Traded volume stood at 130 million in the past two sessions until Sunday
04/07/2019
Saudi Banks to see double-digit asset growth by early 2020: Samba CEO
Nashar, who in 2017 became the first female CEO of a listed Saudi commercial bank, expects loan growth to pick up in the third quarter.
04/07/2019
Ex-Morgan Stanley Banker Is Leading the Charge Toward Boutiques
May Nasrallah is taking on financial goliaths in the Middle East.
04/03/2019
Goldman Sach CEO turns up in Saudi Arabia as uproar fades over Khashoggi killing
Dealings with Qatar have become more complicated amid its diplomatic clashes with Saudi Arabia.
04/03/2019
Karnataka Bank in spotlight after tie-up with Bharti AXA
The announcement was made after market hours yesterday, 2 April 2019.
04/02/2019
Alinma Bank wins ‘Best Digital Service’ award
The award was presented in recognition of Alinma’s efforts to digitize its customer experience in ways that bring convenience to its customers’ financial lives.
03/27/2019
Qatar resists bank merger
The discontent among key shareholders adds to widening opposition to the deal, which Germany sees as a way to ensure financing to the country’s export-oriented economy during a downturn.
03/20/2019
BNY Mellon Debuts Service to Evaluate Environmental, Social and Governance Factors in Investment Performance
BNY Mellon clients will have the ability to view their total ESG and UNGC scores on equities at the account level versus relevant benchmarks over time.
03/19/2019
KAMCO Wins “Best Debt Bank in the Middle East – 2019”
Award winners were invited to attend the awards ceremony taking place later this year on October 19, 2019 at the National Press Club in Washington, DC.
03/18/2019
Bank of America Merrill Lynch named "Best Foreign Investment Bank in the UAE" at EMEA Finance's Middle East Banking Awards 2018
For 11 years, EMEA Finance has recognized the achievements of the region's retail and investment banks, asset managers, and brokers
03/06/2019
Mashreq Bank Launches Corporate and Investment Banking Talent Development Program
The program is structured as a six months full time engagement covering a wide array of topics to help participants shape into highly knowledgeable and skilled corporate and investment banking professionals ready for the real world.
03/05/2019
EFG Hermes advising on $500m M&A deal in Saudi Arabia, more in pipeline
The bank’s head of investment banking also revealed it was also working on an IPO in the kingdom
03/04/2019
Egyptian Bank EFG-Hermes Weighs South East Asian Acquisition
The bank this year plans to focus on consolidation in markets its recently entered, including those in Africa, Pakistan and Bangladesh.
03/04/2019
Trade Bank of Iraq wins two top finance awards
TBI was presented with the ‘Best local Bank in Iraq 2018’ award in celebration of its far-reaching achievements in updating and upgrading the banking services industry in its home country.