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Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

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بالعربية

Citigroup

Banking & Finance

Citigroup sees MENA syndicated loans at over $70bn

by Staff Writer Mon 30 Apr 2018Sun 14 Nov 2021

Loan arranger says resurgence in syndicated loans in region seems set for a slowdown as the deal pipeline dries up

HSBC
Aramco IPO

Three reasons why global banks continue to expand in Saudi Arabia

by ITPTue 20 Mar 2018Tue 19 Oct 2021

Financial institutions see opportunities in the new political order

ACWA Power

Saudi energy firm said to hire firms for $1bn IPO plan

by Staff Writer Mon 5 Mar 2018Thu 7 Oct 2021

Sources say ACWA Power International has hired JPMorgan Chase & Co, Citigroup Inc and Natixis as global coordinators

Citigroup is rebuilding its operations in Saudi Arabia after exiting in 2004. The lender lost its license in the country when it sold its stake in Samba Financial Group.
Citigroup

Citigroup hired to advise on FlyNas’ planned IPO

by Staff Writer Thu 15 Feb 2018Thu 7 Oct 2021

First local mandate for the US lender since returning to Saudi Arabia

Citigroup said last month it had won formal approval from Saudi Arabia's Capital Market Authority to begin an investment banking business there, enabling its return after an absence of almost 13 years.
Capital Market Authority

Citigroup targets UAE, Saudi Arabia for growth in 2018

by Staff Writer Thu 8 Feb 2018Thu 7 Oct 2021

Nigeria, Egypt also identified as the main growth drivers as bond sales, mergers and acquisitions and public share sales pick-u

Capital Market Authority

Citigroup gets nod to launch Saudi investment banking business

by Staff Writer Tue 23 Jan 2018Thu 7 Oct 2021

Saudi Arabia’s Capital Market Authority grants commencement letter to US banking giant

Abraaj

Dubai’s Abraaj said to hire Citigroup for North Africa hospitals IPO

by Staff Writer Tue 16 Jan 2018Thu 7 Oct 2021

Private equity investors are taking advantage of a surge in demand for healthcare products and services in Africa and the Middle East

Citigroup

Citigroup CEO Corbat sees Saudi progress

by Staff Writer Thu 9 Nov 2017Thu 7 Oct 2021

Corbat said the nation was welcoming of the bank’s return

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