Shuaa, the Dubai-based investment bank, reported a third-quarter net profit on Wednesday driven by growth in its core asset management and lending business.
Shuaa made a net profit of Dh3.6 million ($980,100) in the third quarter
Emad Mansour, a veteran Gulf Arab banker, is planning to set up an investment bank in Dubai's tax-free financial zone, he said on Sunday, joining a growing list of regional bankers taking advantage of a revival in deal making and a retreat b
Saudi Fransi Capital (SFC) has won the coveted "Most Innovative Investment Bank from the Middle East 2013" Award given by the Banker Magazine, a subsidiary of the Financial Times.
The award ceremony was held in London and it h
Egypt-based EFG Hermes, leading investment bank in the Arab world, suffered a net loss of EGP29 million ($4.2 million) in the second quarter compared to EGP71.2 million net profit a year earlier, it said on Sunday.
The firm report
Bahrain-based Arcapita Bank has announced that it has sold 3PD Holding, a leading last-mile logistics company in the US and Canada, for $365 million.
3PD was acquired by XPO Logistics, one of the fastest
Bahrain-based Securities and Investment Company (Sico) has announced its GCC-based equity funds outperformed peers and benchmarks during the first half.
The funds benefited from the improved performance of GCC stock markets during
Qatar’s leading investment bank QInvest, has been recognised as Qatar’s Best Investment Bank in Euromoney’s 2012 awards for Excellence.
The awards, one of the most prestigious in the financial sector globally, we
EFG Hermes, the biggest investment bank in Egypt, has reported an 18.8 per cent decline in its net profit for the first nine months which fell to 232.1 million Egyptian pounds ($38 million) from 286 million pounds.