The Middle East Banking News Network http://mebankers.net/ Wed, 17 Oct 2018 22:36:19 BST part of MediaG8way Group http://mebankers.net/ http://mebankers.net/assets/images/logo.png The Middle East Banking News Network KohanaPHP J.P. Morgan names senior expert to join the Middle East and North Africa wealth management team News Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26333/jp-morgan-names-senior-expert-to-join-the-middle-east-and-north-africa-wealth-management-team Based in Geneva, Switzerland, Mr. Jossa and will report to Tara Smyth, Head of the Private Bank for the Middle East and North Africa market On the Move Pierre Mariani joins AlixPartners as Managing Director out of Dubai News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26317/pierre-mariani-joins-alixpartners-as-managing-director-out-of-dubai Our financial services practice continues to grow and in this volatile, global industry Pierre’s depth of knowledge and extensive hands-on experience will be of great benefit to our clients as we help them navigate their most complex challenges. On the Move The head of EMEA equity sales quietly left Bank of America Merrill Lynch News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26319/the-head-of-emea-equity-sales-quietly-left-bank-of-america-merrill-lynch Sindelbar's disappearance follows suggestions that Bank of America recently made a small number of redundancies in Europe. On the Move J P Morgan appoints senior expert to Mena team News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26320/j-p-morgan-appoints-senior-expert-to-mena-team An 11-year Goldman Sachs employee, Mr. Jossa also held senior roles in legal and compliance and was a member of the Mena-region Executive Committee and a member of the Board of Directors for Goldman Sachs Saudi Arabia. On the Move ICD appoints new CEO News Team Thursday, October 11, 2018 1:00 am http://mebankers.net/article/26282/icd-appoints-new-ceo Mr. Ayman has demonstrated throughout his career the ability to work successfully in different environments, designing and leading strategies which resulted in impressive value creation. On the Move Willis names head of Central & Eastern Europe, Middle East-Africa News Aggregation Team Wednesday, October 10, 2018 1:00 am http://mebankers.net/article/26268/willis-names-head-of-central-ampamp-eastern-europe-middle-east-africa She then led the teams involved in the acquisition and integration of major French broker Gras Savoye, before becoming chief of staff for the international region of Willis Towers Watson. On the Move Berkeley Assets boosts Mideast capital raising team News Team Tuesday, October 09, 2018 1:00 am http://mebankers.net/article/26262/berkeley-assets-boosts-mideast-capital-raising-team A second team focusing on the Far East is due to follow in 2019, said a statement from the company. On the Move ABK appoints Al-Mutawa as GM of Wealth & Private Banking division News Aggregation Team Tuesday, October 09, 2018 1:00 am http://mebankers.net/article/26263/abk-appoints-al-mutawa-as-gm-of-wealth-ampamp-private-banking-division In a career spanning over 28 years at Gulf Bank, he has a proven track record of managing several landmark transactions and key client relationships within the banking sector. On the Move Natixis Investment Managers appoints Suhail Albaz as Regional Head of Middle East, Africa and Central Asia-TradeArabia News Service News Team Tuesday, October 09, 2018 1:00 am http://mebankers.net/article/26264/natixis-investment-managers-appoints-suhail-albaz-as-regional-head-of-middle-east-africa-and-central-asia-tradearabia-news-service Suhail will be based in Dubai and will report to Oliver Bilal, Head of International Sales and Marketing. On the Move Woman appointed to run Saudi Arabian bank for first time in country's history News Aggregation Team Monday, October 08, 2018 1:00 am http://mebankers.net/article/26244/woman-appointed-to-run-saudi-arabian-bank-for-first-time-in-countryamp039s-history Lubna Al Olayan will lead a new lender after the merger between Alawwal Bank and Saudi British Bank On the Move ErdoÄčan moves to add Turkey’s largest listed bank to his collection News Aggregation Team Wednesday, October 17, 2018 1:00 am http://mebankers.net/article/26339/erdoaumlan-moves-to-add-turkeyamprsquos-largest-listed-bank-to-his-collection The bank was founded in 1924 with capital raised from contributions both from Atatürk and his comrades in the Turkish War of Independence, and from Muslims in India and Indonesia in support of the country’s struggle. Legal, Tax, Regulation & Compliance Federal debt law to create foundations of domestic bond market News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26326/federal-debt-law-to-create-foundations-of-domestic-bond-market A domestic funding source will reduce reliance on bank finance Legal, Tax, Regulation & Compliance Global Forum publishes compliance ratings on tax transparency for further seven jurisdictions News Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26329/global-forum-publishes-compliance-ratings-on-tax-transparency-for-further-seven-jurisdictions These reports assess jurisdictions against the updated standard which incorporates beneficial ownership information of all relevant legal entities and arrangements, in line with the definition used by the Financial Action Task Force Recommendations. Legal, Tax, Regulation & Compliance MD of investment firm behind Dh7 billion project held for fraud News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26334/md-of-investment-firm-behind-dh7-billion-project-held-for-fraud They took money from our client but failed to deliver, says lawyer of company hit by suspected fraud Legal, Tax, Regulation & Compliance Standard Chartered leads first green loan in Middle East for DP World News Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26335/standard-chartered-leads-first-green-loan-in-middle-east-for-dp-world This transaction is structured such that the margin of the facility is linked to DP World's carbon emissions intensity where the Company is incentivised to reduce its greenhouse gas emissions Legal, Tax, Regulation & Compliance Jamal Khashoggi: Richard Branson and Uber CEO suspend ties with Saudi Arabia News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26298/jamal-khashoggi-richard-branson-and-uber-ceo-suspend-ties-with-saudi-arabia Sir Richard has announced he will suspend his role as director in two Saudi tourism projects until the fate of Mr Khashoggi is uncovered. Legal, Tax, Regulation & Compliance UAE President Issues A Federal Law On Public Debt News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26304/uae-president-issues-a-federal-law-on-public-debt The debt law will also support the establishment of a secondary market for government securities through which public debt instruments can be traded in UAE financial markets to meet the liquidity needs of the banking sector. Legal, Tax, Regulation & Compliance New debt law will help UAE financial markets News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26312/new-debt-law-will-help-uae-financial-markets It will enable a deepening of the financial markets, allow the UAE to tap a wider pool of financing options and create a government yield curve Legal, Tax, Regulation & Compliance UAE issues federal law on public debt News Aggregation Team Sunday, October 14, 2018 1:00 am http://mebankers.net/article/26299/uae-issues-federal-law-on-public-debt The law will enable banks operating in the state to purchase government bonds in dirhams or foreign currencies, which will help them comply with Basel III requirements. Legal, Tax, Regulation & Compliance Doha Bank achieves continuous compliance with the ISO 20000 News Aggregation Team Sunday, October 14, 2018 1:00 am http://mebankers.net/article/26302/doha-bank-achieves-continuous-compliance-with-the-iso-20000 Doha Bank was the first organisation in the GCC to have achieved the ISO 20000 certification in 2007 and remains the only financial organisation in Qatar to be accredited. Legal, Tax, Regulation & Compliance Three Qatari banks report higher Q3 earnings, remaining banks' results needed to "draw larger conclusions", analyst says News Aggregation Team Wednesday, October 17, 2018 1:00 am http://mebankers.net/article/26337/three-qatari-banks-report-higher-q3-earnings-remaining-banksamp039-results-needed-to-ampquotdraw-larger-conclusionsampquot-analyst-says QNB, QIIB and Masraf Al Rayan disclosed a rise in Q3 net profit, investors await other banks to report this week Retail Banking National Bank of Fujairah Launches ‘Ajyal’, a Bespoke Banking Service for Young Emiratis News Team Wednesday, October 17, 2018 1:00 am http://mebankers.net/article/26338/national-bank-of-fujairah-launches-amplsquoajyalamprsquo-a-bespoke-banking-service-for-young-emiratis The survey uncovered that when choosing their banking services partner, a bank’s reputation and zero-balance requirement helps define their decision. Retail Banking Commercial Bank bags ‘Best Bank in Qatar’ award News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26322/commercial-bank-bags-amplsquobest-bank-in-qataramprsquo-award Commercial Bank has had a successful 2018 to date, indicating that the execution of its five-year strategic plan to be the best bank in Qatar is on track. Retail Banking Masraf Al Rayan records 9-month profit of QR1.63bn News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26325/masraf-al-rayan-records-9-month-profit-of-qr163bn Masraf Al Rayan continues to lead the banking sector with “one of the best” operational efficiency ratios of 23.12% compared to its peers in the market. Retail Banking Al Salam Bank launches Visa credit card offers News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26327/al-salam-bank-launches-visa-credit-card-offers Customers can redeem their earned miles directly towards Gulf Air’s Falconflyer loyalty programme for a number of benefits Retail Banking Middle East banks decide bigger can be better News Aggregation Team Friday, October 12, 2018 1:00 am http://mebankers.net/article/26285/middle-east-banks-decide-bigger-can-be-better Sharp fall in oil prompted reforms and spurred interest in tie-ups Retail Banking Two Omani banks announce agreement to merge News Team Friday, October 05, 2018 1:00 am http://mebankers.net/article/26232/two-omani-banks-announce-agreement-to-merge It has also been agreed that Alizz Islamic Bank will continue to operate as a dedicated Islamic banking franchise of the merged entity and will maintain management autonomy ensuring that there will be no negative impact on existing customers or stakeholde Retail Banking Commercial Bank ‘committed’ to Turkey on long term: CEO News Aggregation Team Thursday, October 04, 2018 1:00 am http://mebankers.net/article/26224/commercial-bank-amplsquocommittedamprsquo-to-turkey-on-long-term-ceo Turkey is a very important market in terms of its geopolitical positioning, importance as an economy, size of its population and importance to the Gulf region. Retail Banking Arab National Bank named best retail bank in Kingdom News Aggregation Team Wednesday, October 03, 2018 1:00 am http://mebankers.net/article/26193/arab-national-bank-named-best-retail-bank-in-kingdom World Finance grants annual awards to banking and investment sectors around the globe Retail Banking Commercial Bank opens Doha Festival City branch News Aggregation Team Wednesday, October 03, 2018 1:00 am http://mebankers.net/article/26206/commercial-bank-opens-doha-festival-city-branch Commercial Bank has invested heavily to make its banking services convenient for customers. Retail Banking Waha Capital acquires stake in Petronash News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26324/waha-capital-acquires-stake-in-petronash UAE investment firm may further raise its stake in oilfield services company to 50% Alternative Investments Kuwaiti-Qatari trade volume touches $360 million in 2017 News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26328/kuwaiti-qatari-trade-volume-touches-360-million-in-2017 KCCI’s board member Wafa Al-Qatami represented the Kuwaiti side at the forum, while the Qatari side was represented by Hassan Al-Mansouri, Executive Director of Qatar Export Development Agency “Tasdeer”, added the statement. Alternative Investments UAE launches low-cost insurance initiative for workers News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26330/uae-launches-low-cost-insurance-initiative-for-workers This sum will include end-of-service benefits, vacation allowance, overtime, unpaid wages and certain cases of injury in the workplace. Alternative Investments UAE rolls out affordable insurance scheme to replace bank guarantees News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26332/uae-rolls-out-affordable-insurance-scheme-to-replace-bank-guarantees The country is abolishing a guarantee system that requires a deposit of Dhs3,000 per employee Alternative Investments Fairway Group launches operations in Bahrain News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26306/fairway-group-launches-operations-in-bahrain The move into Bahrain comes on the back of the Fairway Group’s long and successful partnerships in the Gulf region, including with Emirates NBD in Dubai. Alternative Investments Saudi buyers snapping up European commercial real estate News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26307/saudi-buyers-snapping-up-european-commercial-real-estate Saudi Arabian asset management firm SEDCO Capital recently acquired three properties worth $179.9m across France and the UK as investments Alternative Investments View from abroad: UAE dominates M&A deals closed in Q3, especially among foreign investors News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26313/view-from-abroad-uae-dominates-mampampa-deals-closed-in-q3-especially-among-foreign-investors Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Alternative Investments Burgan Bank successfully completes its rights issue News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26314/burgan-bank-successfully-completes-its-rights-issue The rights issue was oversubscribed with participation from the bank’s existing shareholders, underscoring the strength of the franchise. Alternative Investments UAE calls for IMF, World Bank support in Mena region News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26315/uae-calls-for-imf-world-bank-support-in-mena-region Meeting discussed private sector’s role in the region’s economic transformation Alternative Investments Bank Muscat posts OMR134.74mn net profit News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26316/bank-muscat-posts-omr13474mn-net-profit The bank's operating expenses for the nine-month period ending September 2018 were OMR141.72million as compared to OMR134.43 million for the same period in 2017, an increase of 5.4 per cent. Alternative Investments French queen Marie-Antoinette’s $3 million jewels arrive in Dubai News Aggregation Team Tuesday, October 09, 2018 1:00 am http://mebankers.net/article/26260/french-queen-marie-antoinetteamprsquos-3-million-jewels-arrive-in-dubai Jewellery pieces have never been seen in public for more than 200 years Wealth & Asset Management Fairway opens Bahrain office News Team Wednesday, October 03, 2018 1:00 am http://mebankers.net/article/26212/fairway-opens-bahrain-office The event will be attended by company directors, representatives from Jersey Finance and the Bahrain Economic Development Board as well as specially invited guests. Wealth & Asset Management World Finance announces winners of Wealth Management Awards 2018 News Aggregation Team Wednesday, September 26, 2018 1:00 am http://mebankers.net/article/26123/world-finance-announces-winners-of-wealth-management-awards-2018 The organisations recognised by the World Finance Wealth Management Awards 2018 have not only been able to do so, they’ve also helped the industry overcome a number of emerging challenges. Wealth & Asset Management Wealth management by algorithm News Aggregation Team Tuesday, September 11, 2018 1:00 am http://mebankers.net/article/25948/wealth-management-by-algorithm Sarwa combines technology and human advice to make investing easy Wealth & Asset Management Ultra-rich in the Middle East to rise 28% by 2022 News Aggregation Team Tuesday, September 11, 2018 1:00 am http://mebankers.net/article/25952/ultra-rich-in-the-middle-east-to-rise-28-by-2022 “There has been a stabilisation in the growth of ultra-wealthy individuals,” said Winston Chesterfield, director of custom research at wealth data specialist Wealth-X. Wealth & Asset Management DIFC witnesses continued growth for Wealth and Asset Management firms News Aggregation Team Monday, September 10, 2018 1:00 am http://mebankers.net/article/25926/difc-witnesses-continued-growth-for-wealth-and-asset-management-firms More than 200 asset management companies and specialist global advisors are now registered in the Centre, with over 60 significant funds domiciled in DIFC. Wealth & Asset Management State Street opens 2nd UAE office in Abu Dhabi News Aggregation Team Monday, September 10, 2018 1:00 am http://mebankers.net/article/25938/state-street-opens-2nd-uae-office-in-abu-dhabi As a result of this optimism, 75 per cent foresee growing inflows into Gulf Cooperation Council (GCC) domiciled funds over the next five years. Wealth & Asset Management ibq wins "Best Private Bank" award from Global Banking & Finance Review in London News Team Thursday, September 06, 2018 1:00 am http://mebankers.net/article/25908/ibq-wins-ampquotbest-private-bankampquot-award-from-global-banking-ampamp-finance-review-in-london 'Best Private Bank' Award reception was held at the London Stock Exchange Studios in London, UK Wealth & Asset Management New Report Reveals World’s Ultra Wealthy Population Growing at Nearly Four Times the Rate of Previous Year News Team Thursday, September 06, 2018 1:00 am http://mebankers.net/article/25910/new-report-reveals-worldamprsquos-ultra-wealthy-population-growing-at-nearly-four-times-the-rate-of-previous-year This is a sharp acceleration from 2016, which saw only 3.5% growth of this population, reflecting more favorable conditions for wealth creation, despite volatile geopolitics. Wealth & Asset Management Investcorp acquires minority stake in top Swiss bank News Team Wednesday, September 05, 2018 1:00 am http://mebankers.net/article/25900/investcorp-acquires-minority-stake-in-top-swiss-bank The investment from Investcorp will provide PB with additional support to advance its growth strategy, enabling the bank to further broaden and enhance its commercial offering to clients, it stated. Wealth & Asset Management Empower people to use new technologies News Aggregation Team Wednesday, October 17, 2018 1:00 am http://mebankers.net/article/26340/empower-people-to-use-new-technologies Bring in a cultural change to embrace new tech, say experts at Gitex Technology Week FinTech That start-up you love is probably funded by Saudi oil wealth News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26310/that-start-up-you-love-is-probably-funded-by-saudi-oil-wealth It shouldn't be terribly surprising that a country with vast oil wealth is pouring money into high-growth tech companies in an effort to diversify away from the fossil fuel. FinTech It Took Germany's Merkel To Spur Israeli Women In Tech Into Action News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26308/it-took-germanyamp039s-merkel-to-spur-israeli-women-in-tech-into-action There were venture capitalists, entrepreneurs, government officials and mind-blowing medical diagnostics displays. FinTech Bank of Beirut Implements Wolters Kluwer’s IFRS 9 Solution News Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26318/bank-of-beirut-implements-wolters-kluweramprsquos-ifrs-9-solution The accounting standard replaces the IAS 39 standard and came into effect at the start of the year. FinTech UAE banks need to plug all holes against cyber threats News Aggregation Team Friday, October 12, 2018 1:00 am http://mebankers.net/article/26294/uae-banks-need-to-plug-all-holes-against-cyber-threats Even with all the investments being committed, some glaring gaps are quite visible FinTech Turkish bank deploys Daon’s IdentityX platform for biometric authentication News Aggregation Team Friday, October 12, 2018 1:00 am http://mebankers.net/article/26296/turkish-bank-deploys-daonamprsquos-identityx-platform-for-biometric-authentication Akbank is the first bank in Turkey to deploy facial recognition technology for mobile banking authentication. FinTech Qatar to introduce banking service platform for Fintech News Aggregation Team Thursday, October 11, 2018 1:00 am http://mebankers.net/article/26275/qatar-to-introduce-banking-service-platform-for-fintech Al Thani added "I think we are moving very quickly in this regard, and you will hear something before the end of this year." FinTech Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019 News Aggregation Team Wednesday, October 10, 2018 1:00 am http://mebankers.net/article/26270/middle-eastamp039s-first-central-bank-backed-crypto-exchange-to-launch-in-2019 Crypto-curious investors "are waiting for the right regulations to be in place and the right partners," Rain co-founder Badawy said. FinTech Dubai launches its first investment week amid record foreign inflows News Aggregation Team Wednesday, October 10, 2018 1:00 am http://mebankers.net/article/26272/dubai-launches-its-first-investment-week-amid-record-foreign-inflows The event, focused on new technologies and private-public partnerships, is aimed at attracting more private investment to boost growth and job creation amid soft employment figures. FinTech Dubai to launch blockchain payments. Central Bank Digital Currency? News Aggregation Team Tuesday, October 09, 2018 1:00 am http://mebankers.net/article/26265/dubai-to-launch-blockchain-payments-central-bank-digital-currency It is unclear whether this will be a Central Bank Digital Currency (CBDC) or a stable coin. FinTech KFH ‘Safest Islamic Bank in GCC 2018’: Global Finance Magazine News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26301/kfh-amplsquosafest-islamic-bank-in-gcc-2018amprsquo-global-finance-magazine KFH- Group CEO receives three prestigious awards at IMF, WBG meetings Islamic Finance Oman Arab Bank and Alizz Islamic merger ‘credit positive’, says Moody’s News Aggregation Team Sunday, October 14, 2018 1:00 am http://mebankers.net/article/26297/oman-arab-bank-and-alizz-islamic-merger-amplsquocredit-positiveamprsquo-says-moodyamprsquos A tie-up would capitalise on Oman’s fast-growing Islamic banking sector Islamic Finance Islamic Development Bank plans $1b infra funds focused on Asia, Africa News Aggregation Team Thursday, October 11, 2018 1:00 am http://mebankers.net/article/26284/islamic-development-bank-plans-1b-infra-funds-focused-on-asia-africa “This is a new policy of the IDB in terms of putting a focus on thematic areas, whether its infrastructure, science and technology or other areas.” Islamic Finance QIIB’s CEO honoured with GIFA Islamic Finance Award News Team Monday, October 08, 2018 1:00 am http://mebankers.net/article/26235/qiibamprsquos-ceo-honoured-with-gifa-islamic-finance-award GIFA based its decision to honour Dr al-Shaibei with the award on several factors Islamic Finance Al Hilal Bank receives Human Resources and Emiratisation Award from MoHRE News Team Monday, October 08, 2018 1:00 am http://mebankers.net/article/26252/al-hilal-bank-receives-human-resources-and-emiratisation-award-from-mohre We at Al Hilal Bank are proud to support the UAE government's efforts in this vital component of nation development and contributing to the knowledge-based society Islamic Finance Transparency in Islamic Banking News Aggregation Team Sunday, October 07, 2018 1:00 am http://mebankers.net/article/26234/transparency-in-islamic-banking None of the above statements are true and they are a serious disappointment to anyone who knows this market. Islamic Finance Emirates Islamic strengthens commitment to Emiratisation News Team Friday, October 05, 2018 1:00 am http://mebankers.net/article/26231/emirates-islamic-strengthens-commitment-to-emiratisation Bank hosts 'Recruitment Open Day' for UAE nationals Islamic Finance Qatar Looks East to Boost Islamic Finance News Aggregation Team Wednesday, October 03, 2018 1:00 am http://mebankers.net/article/26196/qatar-looks-east-to-boost-islamic-finance Qatar has special strength in financial areas…our population is largely Muslim at more than 80%, and they long to have all sorts of financial products and services that are based on Islam Islamic Finance Slowing GCC issuance stalls global sukuk market News Aggregation Team Sunday, September 30, 2018 1:00 am http://mebankers.net/article/26160/slowing-gcc-issuance-stalls-global-sukuk-market Foreign currency issuance dropped 45% in the first half of 2018 Islamic Finance IDB’ $1.3bn sukuk listed on Nasdaq Dubai News Aggregation Team Friday, September 28, 2018 1:00 am http://mebankers.net/article/26139/idbamprsquo-13bn-sukuk-listed-on-nasdaq-dubai Nasdaq Dubai provides the IDB and its other regional and international issuers with close links to investors around the world as well as a first class listing infrastructure. Islamic Finance Mena's M&A transaction value surges to $45bn in Q3 News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26331/menaamp039s-mampampa-transaction-value-surges-to-45bn-in-q3 According to Refinitiv, the Mena investment banking fees totalled an estimated $684 million during the first nine months of 2018 Research, Comment and Analysis Explained: What the UAE's new low-cost insurance policy means for you News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26323/explained-what-the-uaeamp039s-new-low-cost-insurance-policy-means-for-you The Dh60 annual policy was rolled out across the Emirates on Monday Research, Comment and Analysis How to get rich: Where UAE millionaires keep their money News Aggregation Team Tuesday, October 16, 2018 1:00 am http://mebankers.net/article/26336/how-to-get-rich-where-uae-millionaires-keep-their-money Do you wonder how millionaires get richer? Here's how they invest their money in order to expand their fortunes Research, Comment and Analysis UAE International Investors Council Explores Opportunities In Kyrgyzstan News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26303/uae-international-investors-council-explores-opportunities-in-kyrgyzstan The Emirati-Kyrgyz Economic Forum held joint workshops during its last meeting in the Kyrgyz capital, Bishkek, and other meetings were held between representatives of Dubai International Ports and the Ministry of Economy of Kyrgyzstan on developing a free Research, Comment and Analysis Women’s empowerment in the Saudi workplace News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26309/womenamprsquos-empowerment-in-the-saudi-workplace The number of women in the workplace has increased substantially in our country over the past four years. Research, Comment and Analysis UAE, Saudi banks to benefit from rising interest rates News Aggregation Team Monday, October 15, 2018 1:00 am http://mebankers.net/article/26311/uae-saudi-banks-to-benefit-from-rising-interest-rates Low cost deposits, floating rate loans to improve loan yields Research, Comment and Analysis Egypt is the latest darling of overseas lenders News Aggregation Team Friday, October 12, 2018 1:00 am http://mebankers.net/article/26286/egypt-is-the-latest-darling-of-overseas-lenders Western banks that sold out stand to miss out on emerging opportunities Research, Comment and Analysis FBNQuest wins multiple awards, shines at emea finance 2018 african banking awards News Aggregation Team Friday, October 12, 2018 1:00 am http://mebankers.net/article/26293/fbnquest-wins-multiple-awards-shines-at-emea-finance-2018-african-banking-awards The firm is ranked among the country’s top public Fund Managers by the Nigerian Securities and Exchange Commission (SEC). Research, Comment and Analysis Investment in Kuwait is a base for investment all over the region News Aggregation Team Tuesday, October 09, 2018 1:00 am http://mebankers.net/article/26266/investment-in-kuwait-is-a-base-for-investment-all-over-the-region Outside Kuwait’s borders, we as the Commercial Bank of Kuwait have chosen to strive for excellence within our market rather than to overreach to other markets as of present. Research, Comment and Analysis Citi’s Middle East banking business is no joking matter News Aggregation Team Monday, October 08, 2018 1:00 am http://mebankers.net/article/26237/citiamprsquos-middle-east-banking-business-is-no-joking-matter Citi is advising the Saudi authorities on some aspects of privatization, and sees health care, housing, airports, and utilities among the first to be sold off. Research, Comment and Analysis Middle East investment banking fees down 8% in first nine months News Aggregation Team Wednesday, October 17, 2018 1:00 am http://mebankers.net/article/26341/middle-east-investment-banking-fees-down-8-in-first-nine-months Region’s M&A transactions totalled $45.1b this year to date Investment Bank PBI Global Awards winners announced News Aggregation Team Sunday, October 14, 2018 1:00 am http://mebankers.net/article/26300/pbi-global-awards-winners-announced BNP Paribas made a string of major new hires in its North Asia division this year. Investment Bank Deutsche Bank, HSBC, Citi Join New $3.8 Billion Deal With Egypt News Aggregation Team Thursday, October 11, 2018 1:00 am http://mebankers.net/article/26283/deutsche-bank-hsbc-citi-join-new-38-billion-deal-with-egypt It takes effect on Nov. 19 and will carry a final maturity of 4 1/2 years. Investment Bank Egypt’s EFG Hermes looks to Saudi business for expansion News Aggregation Team Wednesday, October 10, 2018 1:00 am http://mebankers.net/article/26271/egyptamprsquos-efg-hermes-looks-to-saudi-business-for-expansion It has already announced plans to expand its staff as it targets mandates in Saudi Investment Bank Standard Life in Talks With Saudis Over Seeding Local Funds News Aggregation Team Monday, October 08, 2018 1:00 am http://mebankers.net/article/26245/standard-life-in-talks-with-saudis-over-seeding-local-funds Talks are at early stage and no agreement has been reached Investment Bank The renaissance of Egyptian investment banking News Aggregation Team Monday, October 08, 2018 1:00 am http://mebankers.net/article/26247/the-renaissance-of-egyptian-investment-banking After a tumultuous decade, the country’s leading investment banks have finally recovered their confidence – and are bursting into new markets and products. Investment Bank Credit Suisse's Saudi Odyssey News Aggregation Team Friday, October 05, 2018 1:00 am http://mebankers.net/article/26233/credit-suisseamp039s-saudi-odyssey The economic liberalization of the country would make it an attractive opportunity for banks, given its enormous oil wealth. Investment Bank Saudi Arabia expects $11 billion inflows from JP Morgan bond index entry News Aggregation Team Sunday, September 30, 2018 1:00 am http://mebankers.net/article/26161/saudi-arabia-expects-11-billion-inflows-from-jp-morgan-bond-index-entry The move is expected to attract a total of around $30 billion of new foreign investment into their debt. Investment Bank KAMCO successfully completes purchase of major stake in Global News Team Monday, September 24, 2018 1:00 am http://mebankers.net/article/26087/kamco-successfully-completes-purchase-of-major-stake-in-global KAMCO has successfully concluded the purchase of equivalent to a 69.528% stake Investment Bank HSBC named lead bank for 20% listing of Egypt’s AMOC IPO: ministry News Aggregation Team Sunday, September 16, 2018 1:00 am http://mebankers.net/article/26018/hsbc-named-lead-bank-for-20-listing-of-egyptamprsquos-amoc-ipo-ministry Offering aims at raising up to EGP 2.8bn Investment Bank