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Sotheby’s in Talks to Help Saudi Prince Build Desert Art Oasis
Saudi Arabia hired HSBC Holdings banker Rayyan Nagadi to set up a privatization unit at the ministry of financ...
Emirates NBD reported a better-than-expected increase in full-year profit as lending rose and loan loss charge...
Bandhan Bank Ltd., India’s newest lender, will combine with mortgage financier Gruh Finance Ltd. in a $11.7 bi...
Saudi Arabian banks may report double-digit earnings growth this year as rising interest rates and increased g...
National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf...
Maybe bigger isn’t always bad in banking Jamie Dimon never quits. After Sandy Weill forced him out of Citigroup in 1999, Dimon staged a comeback that returned him to the pinnacle of banking... Read more
CEO Dimon vows to boost spending to protect data In the days following the massive breach of JPMorgan Chase’s computers last summer, the bank’s security chief, James Cummings, rarely left hi... Read more
RAKBank’s perspective is set to change as its CEO looks to take the lender out of its comfort zone Sitting in his office on the top floor of National Bank of Ras Al-Khaimah’s Dubai headquart... Read more
Ahmed Al-Sayed, the Qatari dealmaker who played a pivotal role in some of the Gulf state’s biggest overseas investments, has been replaced as chief executive officer of the nation’s $100 bil... Read more
When DP World, Dubai‘s state-owned ports operator, announced its acquisition of the British shipping group P&O in 2006, it sparked an ugly row within the United States government about... Read more
The UAE’s most profitable bank is returning to international bond markets almost a decade after its last dollar issue, as borrowing costs slump to near their lowest point in at least 1... Read more
There is an unmistakable air of optimism among Gulf bankers these days. As they look around the traffic-clogged roads of Riyadh or wander among the shaded paths behind the Dubai Internationa... Read more
Lack of funding options threatens growth prospects of crucial sector Carpenter Mahmoud Kholief and tech entrepreneur Amr Shady are from opposite ends of Egyptian society, but they share a co... Read more
In late September, the US Federal Reserve said it would not reduce its $85bn a month asset purchase programme, aimed at stimulating economic growth in the world’s largest economy. After spar... Read more
Turkish football champion Galatasaray’s $57 million of debt due in the next 12 months, racked up by hiring sacked Manchester City manager Roberto Mancini and players including former Chelsea... Read more
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