Fitch Ratings has affirmed Qatar National Bank’s (QNB’s) long-term issuer default rating (IDR) at AA- with a stable outlook and has placed QNB’s viability rating (VR) of a on rating watch negative (RWN) following QNB’s proposed acquisition of Finansbank. The…
Day: January 18, 2016
Daimler to re-enter Iran market
For full coverage of business developments in Iran, see MEED Germany’s Daimler said today that it had signed letters of intent with Iran Khodro Diesel (IKD) and the Mammut Group. The areas of cooperation include a joint venture for local…
ME investment banking fees fell 16 per cent in 2015
Middle Eastern investment banking fees reached $636.4 million during full year 2015, 16 per cent less than the value recorded during full year 2014 and the lowest annual period for investment banking fees in the region since 2012, the annual…