#Citigroup

UAE jobs

What are global firms with presence in Israel doing?

As Israel and Gaza have erupted in violence, multinational companies operating in the country have had to scramble to protect their employees while continuing operations

markets

Citigroup sees strong Middle East IPO pipeline running into 2024

IPOs in the Middle East have fetched $5.1bn so far this year, exceeding volumes seen during the same period in nine of the last 10 years

Berkshire Hathaway

Berkshire tweaks bank play with $2.9bn bet on Citi

Berkshire’s now betting on Citigroup as new management takes over

Citi to sell its consumer unit in Bahrain to Ahli United Bank

The transaction includes Citigroup’s retail-banking, credit-card and unsecured-lending businesses

HSBC reclaims bond crown in Mideast

Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year

Oil holds above $80 with global power shortage boosting demand

Citigroup raised its fourth-quarter Brent forecast to $85 a barrel

Citi retail units seen fetching $6bn as sales kick off

Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam

Citigroup to exit retail banking in 13 markets, including Bahrain

The move is part of an ongoing review of the company’s strategy by its chief executive officer

Citigroup names key banker on Aramco IPO as Saudi CEO

Wassim Al Khatib will lead Citigroup’s investment banking and markets business in Saudi Arabia

Citigroup names Antonios as first female head of MENA business

She will continue as country officer for the UAE, a role she assumed in 2016

Luxury retailer in Kuwait hires Citigroup to advise on options

The company was valued at about $500m in a 2019 funding round