Saturday 29 August 2015
 
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investment bank

HSBC named best investment bank in Mideast

HSBC was named the best investment bank in the Middle East for 2015 by Global Finance magazine in its 16th annual World’s Best Investment Banks survey. The survey lists the best investment banks by country, region and sector

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Qalaa sells 80pc stake in investment bank

Egypt's Qalaa Holdings, formerly Citadel Capital, has signed a deal to sell its 80 per cent stake in investment bank Pharos, Qalaa said in a statement on Tuesday. Qalaa, one of Egypt's largest investment companies, has som

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French bank to raise Mideast staffing by 50pc

Natixis plans to increase staffing levels in the Middle East by 50 percent in 2014, a top executive of the French investment bank said, as the lender looks to gain more revenue from outside its home market. The bank, whose parent

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French bank to raise Mideast staffing by 50pc

Natixis plans to increase staffing levels in the Middle East by 50 percent in 2014, a top executive of the French investment bank said, as the lender looks to gain more revenue from outside its home market. The bank, whose parent

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In a first, NCB Capital names female CEO

Saudi Arabia's National Commercial Bank (NCB) has appointed Sarah Al-Suhaimi as chief executive of its investment banking arm, sources aware of the matter said, the first time a woman has been named to head an investment bank in the kingdom.

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Iraq plans state investment bank to push projects

Iraq plans to establish a state-funded investment bank to help finance big infrastructure projects and steer money towards private sector companies which need it, said a senior government official. An underdeveloped, inefficient b

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Shuaa Capital swings to Q4 profit

Shuaa Capital, the Dubai-based investment bank, swung to a profit in the fourth-quarter of 2013, aided by cost cuts and growth in its core businesses. Shuaa made a quarterly net profit of 3.8 million dirhams ($1.03 million), compa

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Shuaa posts third quarter profit

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

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Gulf banker plans investment bank in Dubai

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

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Saudi Fransi Capital wins award

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

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