Trade Finance News

Region - Middle East

May 24, 2013

Deutsche issues USS$1.5bn

Bank raises fresh tier 2 capital in first such benchmark deal in US market.

May 23, 2013

CIB: Board of directors

Egyptian bank announces new appointments to top team.

May 23, 2013

Etisalat Nigeria gets syndicated loan

African subsidiary of UAE’s Etisalat receives US$1.2bn from 13 local banks.

May 23, 2013

BMI Bank, Al Salam agree merger

Bahraini banks prepare to pitch their deal to shareholders.

May 22, 2013

BNP Paribas Securities Services: Annalisa Winge Bicknell

Bicknell appointed sales head for UK, Middle East and South Africa.

May 22, 2013

DAAR issues international sukuk

Goldmans, Deutsche and others lead first tranche of Saudi real-estate developer’s Islamic finance programme.

May 21, 2013

BlackRock: Andrew Mackenzie

Mackenzie to be new Middle East and Africa iShares head.

May 21, 2013

Qatar utilities come together

Three big players will form US$1bn shareholding company to invest in the water and power sectors.

May 21, 2013

QNB to launch in India

Qatari bank will open QNB (India) during the third quarter.

May 20, 2013

BLME heads to Dubai

European Islamic bank to open first overseas office in the Dubai International Financial Centre.

May 20, 2013

DAAR plans international sukuk

Saudi real-estate developer hires Goldmans, Deutsche and others for first tranche of 12-month programme.

May 17, 2013

UniCredit raises EUR1bn

Italian bank taps European investors for fresh funds in bond deal.

May 16, 2013

IDB plans sukuk

Islamic Development Bank mandates bookrunners for road show starting on May 25.

May 16, 2013

Deutsche Bank: Marc Pandraud

Pandraud to take on two new positions at German bank. 

May 14, 2013

Marsh: Neil Irwin

Insurance broker promotes Irwin to managing director of MENA division.

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