Trade finance news

emeafinance News - July 2010

July 30, 2010

EMEA hotel investments rise

Volume could double by end of the year.
 

July 30, 2010

Metito raises US$40mn

IFC and NBK Capital back water treatment expansion in MENA.

July 30, 2010

Ernst & Young names new MENA head

Al-Sowailim targets Middle East and North African growth.

July 29, 2010

Daiwa names latest appointments

Japanese firm strengthens Middle East and African operations.

July 29, 2010

BMI Bank promotes Ebrahim

New wholesale banking head to develop offering.

July 26, 2010

Guaranty Trust receives IFC offer

Nigerian bank could sell US$30mn stake.

July 26, 2010

NLB plans rights issue

€400mn capital increase will bolster bank’s balance sheet.

July 26, 2010

Commodities research head at StanChart

Former SocGen director takes new role at bank.

July 23, 2010

Avanta agrees PE deal

Euroventures buys a third of Ukrainian retail group.

July 23, 2010

Halkbank raises US$600mn loans

Turkish bank secures funds from 27 institutions.

July 23, 2010

Ithmar makes healthcare investment

PE firm spends US$270mn to develop Al Noor Medical.

July 23, 2010

Riverside invests in Tropikal

Firm backs pet food company’s growth.

July 22, 2010

African PE firm secures new funds

Credit agency investment will pull more Canadian firms into the market.

July 22, 2010

UBP hires for emerging markets push

New MD to target Middle East and Eastern Europe at private bank.

July 21, 2010

Four new faces at Heritage Capital

Merchant bank expands emerging markets fixed-income business.

July 21, 2010

Hurford joins WestLB

Bank announces head for new transaction management division.

July 21, 2010

Cleantech head at Jeffries

Industry veteran Amy Smith joins investment banking group.

July 16, 2010

Debut deal for TVM Capital MENA

Specialty healthcare fund backs ventilation provider. 

July 14, 2010

UFG invests private equity cash

New fund backs Russian businesses.

July 13, 2010

SHUAA launches new initiatives

Investment strategies respond to market conditions.

July 13, 2010

MENA private equity head at StanChart

Former Jadwa director to help expand bank's dealmaking business.

July 13, 2010

Investcorp buys Veritext

Bahrainis snap up US deposition and litigation services firm.

July 12, 2010

Emerging markets ripe for investment

Earning estimates growth will attract investors.

July 12, 2010

RZB confirms more board changes

Johannes Schuster to take new post after spin-off and merger.

July 12, 2010

Norton Rose expands Bahrain office

Old hand returns to develop Middle East practice.

July 09, 2010

IFC backs Belarus bank

Belarusky Narodny deal generates SME funding.

July 08, 2010

Arcapita agrees utility sale

Deal allows Bahrain bank to refinance subsidiary.

July 07, 2010

Russia to benefit from slower European growth

Troika analyst says the discount at which Russia trades could drop.

July 07, 2010

Shihabi returns to SHUAA

Former research head to lead securities business.

July 07, 2010

Clyde & Co makes 17 promotions

Middle East practice strengthens expertise and local knowledge.

July 06, 2010

Daiwa expands derivatives offering

Japanese bank to buy KBC businesses.

July 06, 2010

World Bank announces new VPs

Three vice presidents unveiled for start of fiscal year.

July 05, 2010

Kucharczyk to lead Amreya Metal

Casting company goes for experience to push growth.

July 05, 2010

Ukraine gets US$14.9bn from IMF

Support conditional on legislation to sort financial problems.

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