Euromoney Names Citi ‘Best Investment Bank In The Middle East’
In a clear vote of confidence in the bank’s regional capabilities, Euromoney Magazine recently named Citi ‘Best…
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Banks
Arrangers Of Egyptian Company For Ethylene’s Loan Signed Terms Sheet
Arrangers of the syndicated loan to be offered to Egyptian Company for Ethylene have signed the terms sheet of the…
UAE’s Rakbank Launches Interactive Mobile Application
Rakbank has announced the launch of its new interactive mobile application developed to give its cardholders easier…
Assets Of Commercial Banks In Oman Rose 21%
Omani banking sector continued its robust performance consistent with overall growth of the economy. Total assets…
Qatar’s QIIB Considers Sale Of UK Arm
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale…
Lebanon’s Bank Employees Request Compliance With Contracts
Lebanon’s Bank Employees Association warned Friday that the failure to renew a collective contract which has…
Bahrain’s Gulf Finance House Seeks Selling QInvest Stake
Bahrain-based Gulf Finance House is seeking buyers for its stake in QInvest, a Doha-based investment bank.The…
UK’s Standard Chartered Expects MidEast To Raise Funds In Yuan
Standard Chartered Plc (STAN), the U.K.’s second-biggest bank by market value, expects more companies in the Middle…
Barclays’ Absa To Buy Clothing Retailer Edcon
Absa (ASAJ.J), the South African unit of Britain's Barclays Plc (BARC.L), will pay 10 billion rand to buy the…
S. Africa’s Banks Adequately Capitalized
South Africa's banking sector remains adequately capitalized, with the Tier 1 ratio rising to 12.2 percent at the…