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Citi lead sponsor of Euromoney Saudi ConferenceCiti has announced its lead sponsorship of the Euromoney Saudi Arabia Conference 2018 for the second time. In partnership with the Saudi Ministry of Finance, the conference will take place at Al Faisaliah Hotel in Riyadh on May 2 More… |
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Citi launches cashback credit card in UAECiti, a leading global bank, recently launched the Citi Cashback Credit Card in the UAE, in response to recent survey findings. The study conducted by Citi and Publicis Media revealed that 67 per cent of residents in the UAE consi More… |
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Citi opens new offices in RiyadhCiti, a leading global bank, has announced the official opening of its new offices in Riyadh, Saudi Arabia, located at the Kingdom Tower. “We are delighted to establish an office in the Kingdom and be open for business on th More… |
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Why the impact of latest spat may be more serious for QatarThe latest diplomatic spat with its neighbours may have considerable economic and financial impact on Qatar in the long term, a Citi Research note said. The governments of Saudi Arabia, Bahrain, UAE, Yemen and More… |
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Oman fund raises $600m loan for subsidiaryOman Investment Fund (OIF) has closed the syndication of $600 million of conventional and Islamic facilities for its wholly owned subsidiary United Telecommunication Limited (UTL). The proceeds of the transaction were used towards More… |
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Saudi Arabia picks arrangers for $10bn bondSaudi Arabia has chosen Citigroup, HSBC and JP Morgan to arrange its highly anticipated sovereign bond issue, two sources with knowledge of the matter said on Sunday. Banks had pitched for roles on the transaction earlier this mon More… |
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Citi drops out of $1.5bn financing of Americana saleCitigroup has dropped out of the group of banks providing a $1.5 billion bridge loan to Gulf-based Adeptio for its proposed purchase of a majority stake in Kuwait Food Company (Americana), three sources aware of the matter said. T More… |
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Citibank Bahrain wins major EMEA awardsEMEA Finance magazine has named Citi Best Foreign Investment Bank for the fifth year in a row and Best Foreign Bank for the third consecutive year in Bahrain as part of the magazine’s Middle East Banking Awards 2015, reported the Gulf More… |
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Etihad signs Citi as international bank partnerEtihad Airways, the national airline of the UAE, has announced an enhanced agreement with Citi as its international cash management bank partner. The new mandate, covering Etihad Airways' worldwide operations outside the More… |
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Citi names new CEO for UAECiti, a leading global bank, has appointed Elissar Farah Antonios as chief executive officer of Citi UAE. Antonios comes from Citi Lebanon where she has been the bank’s CEO since 2012. Antonios is a seas More… |
