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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...
A US firm led by a former JPMorgan Chase & Co. banker is in talks with the Dubai ruler’s investment company to jointly pursue deals in the Middle East, according to people familiar with... Read more
The provisional liquidators of Abraaj Group are seeking more bids for the embattled buyout firm’s fund-management unit after investors rejected some earlier offers, according to people with... Read more
Bahrain sovereign wealth fund’s assets jumped 46 percent to $15.4 billion last year after the consolidation of McLaren Group Ltd. and as profit rose at the government-controlled aluminum pro... Read more
After a long lull, deals between Gulf banks are kicking up a gear. Lenders across the region are undergoing their biggest shake up since 2007, with almost a dozen of them involved in takeove... Read more
Lebanese and Iraqi security services have uncovered an Iraqi network that spread false information about Lebanese banks in order to extort them, and several of its members have been arrested... Read more
South Africa’s biggest bank heist took place without a single shot being fired. Thieves armed with explosives and assault rifles attacked dozens of armored vehicles delivering cash to the co... Read more
Oman is seeking to raise as much as $1.2 billion to finance infrastructure at the country’s Duqm Special Economic Zone. Standard Chartered Plc is working as global coordinator to help Oman’s... Read more
A man who used to protect U.S. presidents is now guarding something new — Bitcoin. George Sax, a former special agent and senior official of the U.S. Secret Service, has joined British... Read more
Cerberus Capital Management LP has pulled out of the bidding process for Abraaj Group’s asset-management platform after its offer was rejected by investors of the embattled Dubai-based priva... Read more
UAE based Holborn Assets has hired a CEO and Vice President to lead its Hong Kong operation. Jason Conlin, who has been with the firms since it was established in the city earlier this year,... Read more
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