Morgan Stanley is opening an office in Abu Dhabi, adding to its regional presence and joining a string of other global investment banks that have set up offices in the United Arab Emirates (UAE) capital. "There are exciting times ahead for the MENA (Middle East and North Africa) region and as capital markets activity continues to grow and diversify it brings new and rewarding opportunities for both regional and global investors," Clare Woodman, head of Morgan Stanley EMEA and CEO of Morgan Stanley & Co International, said in a statement on Thursday. Global banks are increasing their presence in oil-rich Abu Dhabi to service an increasingly diverse investor pool of wealthy clients, hedge funds and alternatives that are being drawn to the capital, which is home to three sovereign wealth funds.
By Rachna Uppal and Hadeel Al Sayegh DUBAI/PARIS (Reuters) - The United Arab Emirates, home to the financial hub of Dubai, has been dropped from a global watchdog's list of countries at risk of illicit money flows, a win for the nation that could .
Saudi Arabia has invited the
market to join a public consultation on a framework to enable
large shareholders to float additional shares, said Abdullah
Binghannam, Deputy of Financing and Investment,. -February 20, 2024 at 04:01 am EST
- MarketScreener
Saudi National Bank, the
kingdom s biggest lender, has mandated banks to organise a
series of fixed income investor meetings ahead of the planned
issuance of sustainable Islamic bonds or sukuk, a.
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