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Hadeel Al Sayegh

Aramco picks banks for debut international bond - sources

14 Feb 2019

DUBAI Saudi Aramco has selected banks to arrange its first international debt sale, which will help it finance the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC), two sources familiar with the matter said on Thursday.

Merging Qatar banks to cut more than 150 jobs, Barwa boss to be CEO - sources

13 Feb 2019

DUBAI Qatar's Barwa Bank and the International Bank of Qatar (IBQ), which last year agreed to merge, plan to cut more than 150 jobs and to appoint Barwa's boss as chief executive of the combined lender, two sources familiar with the matter said.

Saudi's PIF to raise stake in ACWA Power, to expand overseas

13 Feb 2019

ABU DHABI Saudi Arabia's Public Investment Fund (PIF) plans to increase its stake in ACWA Power to 40 percent from 25 percent and is looking to invest in electric vehicles and solar power, its managing director said on Wednesday.

UPDATE 1-Saudi's PIF to raise stake in ACWA Power, to expand overseas

13 Feb 2019

ABU DHABI, Feb 13 Saudi Arabia's Public Investment Fund (PIF) plans to increase its stake in ACWA Power to 40 percent from 25 percent and is looking to invest in electric vehicles and solar power, its managing director said on Wednesday.

Merging Qatar banks to cut more than 150 jobs, Barwa boss to be CEO -sources

13 Feb 2019

DUBAI, Feb 13 Qatar's Barwa Bank and the International Bank of Qatar (IBQ), which last year agreed to merge, plan to cut more than 150 jobs and to appoint Barwa's boss as chief executive of the combined lender, two sources familiar with the matter said.

Citigroup sees Saudi, UAE as top Mideast markets for deals this year: executive

12 Feb 2019

ABU DHABI Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel Azevedo, Citigroup's head of investment banking, Middle East and Africa.

Citigroup sees Saudi, UAE as top Mideast markets for deals this year - executive

12 Feb 2019

ABU DHABI, Feb 12 Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel Azevedo, Citigroup's head of investment banking, Middle East and Africa.

CORRECTED-Higher fee income helps profits rise at Bahrain's Investcorp

05 Feb 2019

DUBAI, Feb 5 Bahrain-listed Investcorp posted a rise in first-half profit on Tuesday helped by higher fee income and said it had boosted its capital and liquidity position in the wake of challenging global markets.

ADCB's chairman, CEO to fill top positions in new Abu Dhabi merged bank: sources

28 Jan 2019

ABU DHABI/Dubai Abu Dhabi Commercial Bank's chairman and chief executive will fill the top positions within the company to be created after the merger with Union National Bank and Al Hilal Bank, three sources aware of the merger said.

Aramco seeks advisers for SABIC debt financing: sources

24 Jan 2019

DUBAI Saudi Aramco is seeking advisers to arrange debt financing needed for the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC) , banking sources familiar with the matter said on Thursday.

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