14 Jul 2011
(MENAFN) Thomson Reuters’ managing director for Middle East and Africa, Russell Haworth, said that in 2011’s first half, the Middle East equity capital markets (ECM) grew 81 percent to USD8.3 billion from USD4.6 billion in the same period a year ago, reported Arab News.
Haworth added that although the year was very tough on the performance of investment banks all over the region, signs of confidence in the market started to appear in spite of the Arab Spring.
He also said that investment banking fees in the region dropped 46 percent in this year’s first half reaching USD197 million from USD367.8 million in the same period in 2010, whereas mergers and acquisitions (M&A) fees reached USD74.1 million in the period, accounting for 39 percent of the overall fee pool.
It is worth noting that the Thomson Reuters first half 2011 investment banking analysis for the Middle East region, examines the performance of the Middle East investment banking industry in the region’s debt and equity capital markets, both conventional and Islamic.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more