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investment banking

Dubai’s Shuaa plans more job cuts after Q3 loss

Shuaa Capital, the Dubai-based investment bank struggling to boost revenues, plans "significant" job cuts as part of the second phase of the cost savings program it launched this year.

November 20, 2011 11:25
 

Investcorp buys three US real estate assets for $100M

Bahrain-based Investcorp has acquired three real estate assets in the United States for around $100 million, a source familiar to the matter said, bringing its total property buys this year to $300 million.

November 20, 2011 11:22
 

Dubai’s ENBD consolidates investment banking business

Emirates NBD, Dubai's largest lender, has consolidated its investment banking and financial advisory businesses under its Emirates NBD Capital unit and appointed Mohammed Wajid Kamran as general manager of the arm, according to an internal bank memo.

November 20, 2011 11:21
 

Top global banks cut MENA research roles

Banks are cost-cutting as investment banking slows. Nomura shuts its MENA research department in Dubai and local offices of Credit Suisse and Deutsche Bank slash top MENA research jobs -sources.

September 19, 2011 10:43
 

Recovery in Saudi Banks’ lending, says investment banking and securities firm

Global investment banking and securities firm raises Samba to "buy" from "neutral" and cuts CIB to "neutral" from "buy" while staying more positive on Saudi and prefering Qatari banks

April 8, 2011 12:15
 
Interview: Investment Banking in MENA through the Ages

Interview: Investment Banking in MENA through the Ages

The current crop of Western bankers in the Middle East would not have recognized the region two decades ago. But veteran investment banker Jacob Yahiayan came to the Gulf in the late 1980s.

February 15, 2011 8:48