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Japan’s Nomura sets up Middle East FX team

Japan’s Nomura sets up Middle East FX team

Japanese investment bank Nomura is setting up a foreign exchange trading team in Dubai to meet growing demand among its institutional clients to trade Middle East and North African currencies, the bank said on Monday.

March 5, 2012 1:28
 
Nomura gets Saudi nod to offer stock market access

Nomura gets Saudi nod to offer stock market access

Japanese bank Nomura has gotten regulatory approval to offer foreign investors access to Saudi Arabia's stock market, joining a growing list of banks beefing up their presence ahead of anticipated market liberalisation.

February 27, 2012 1:15
 
UAE jeweller Damas hires Nomura for deal

UAE jeweller Damas hires Nomura for deal

UAE jeweller Damas International has appointed Japan's Nomura to advise it on a potential offer from Qatari conglomerate Mannai Corp, three sources familiar with the matter said on Wednesday.

February 8, 2012 12:42
 

UAE’s ADIB sukuk price seen mid-200 bps over midswaps

Abu Dhabi Islamic Bank has issued an initial pricing indication for a five-year dollar-denominated benchmark-sized sukuk, or Islamic bond, with pricing set for Tuesday at the earliest, leads said on Monday.

November 22, 2011 2:09
 

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
 

Nomura sees UAE’s UNB with $354mln Dubai World exposure

Brokerage says bank has 1.3 bln dirhams exposure; Provisions for Dubai World to weigh on UNB's Q4 results; Nomura cuts UNB target price to 3.8 dirhams from 4 dirhams; UNB shares fall 0.9 percent

January 24, 2011 3:39