Latest emeafinance News

Polish shipyards sold to Qatari fund

Two historic Polish shipyards sold in June went to Qatari fund Qinvest, Poland’s treasury minister, Aleksander Grad, told reporters on June 30 in Warsaw.

SABB's chief economist leaves for Saudi Fransi

The chief economist of SABB bank, HSBC's Saudi affiliate, has left and will join Calyon's Saudi affiliate Banque Saudi Fransi.

BTA hires Lovells as legal advisor

BTA Bank has appointed Lovells to advise the bank on asset recovery. BTA was nationalised in February and at the end of June it announced that its losses under loans issued by former bank’s managers to its affiliates, including financing foreign projects, amounted to KZT1.413bn (US$9.4mn) in 2008.

IDB announces Islamic bond issue at Sukuk Summit

StanChart acquires leading African M&A firm

Macedonia issues €175mn Eurobond

SIIB to launch Islamic banking products

Turkish banks go live with Logica’s messaging service

EFG International makes senior hires

Addax Petroleum in US$7.2bn takeover

Troika appoints Paolo Zaniboni head of London office

Bahraini bank to co-invest in retail sector project

Gazprom and NNPC set up Nigerian JV

FNBB appoints first Motswana CEO

Nomura hires Ex-UBS banker for EMEA unit