Initially, the gib
is coated with some sort of pressure die.
In addition to its main subsidiaries, London-based Gulf International Bank, and Riyadh-based GIB
Capital, it has branches in London, New York, Abu Dhabi, Dhahran, Riyadh and Jeddah with representative offices in Dubai and Beirut.
Besides asset management, GIB
provides client-led, innovative financial products and services to a wide customer base in the GCC region, including investment banking, capital markets debt securities, private equity, project and structured finance and Islamic banking.
The Hanco transaction marked GIB
Capital's second successful M&A advisory transaction in the first quarter of 2014 after the acquisition of the stake in General Lighting Company by Royal Philips.
Abdulla Al-Zamil, GIB
board member and chairman of GIB
Capital, said: GIB
Capital has a longstanding presence in the investment banking industry in the region and has a thorough understanding of the GCC market and its client s requirements.
In 2013, GIB
Capital led five major regional investment banking deals, including Bahrain's $1.
Dr Yahya Alyahya, the bank's CEO, said: "GIB
and its investment services subsidiary GIB
Capital have one of the best and largest investment banking teams in the GCC and have completed a number of milestone transactions over the past two decades.
Unveiling Poulter on Friday, business secretary Vince Cable said, I am very pleased to appoint Tony Poulter as senior independent director of GIB
was one of only three GCC financial institutions to receive the Award -- First RAM-rated Foreign Entity -- which was presented to the Bank at RAM's 10th League Awards' ceremony which was held on 19th April 2013 in Kuala Lumpur.
Emerging Markets Opportunities Fund is an open ended investment company incorporated as an exempted company under the laws of the Cayman Islands.
Yahya Al-Yahya to the position of Chief Executive Officer of GIB
Yahya Alyahya, GIB
's CEO, said, 'We are confident the new name, GIB
Capital, will position the company better for future growth in the capital markets business in the Kingdom and the GCC as a whole.
MANAMA: Gulf International Bank (GIB
) subsidiary, GIB
Financial Services, will organised the initial public offering (IPO) of Saudi Arabia's Hail Cement Company (HCC).
In 2002, GIB
was the first Middle Eastern financial institution to issue senior debt, with a US$ 325 million 5-year floating rate note.
Fitch explained in their press statement that the upgrade of the Individual rating reflected the announcement that shareholders of GIB
were acquiring US$ 4.