News

Credit Suisse appoints new Saudi head

Saudi national and former managing director for Mizuho Saudi Arabia, Khalid Al Ghamdi, has been appointed as the new chief executive at Credit Suisse Saudi Arabia. Al Ghamdi spent just over a year at the Japanese bank where he was responsible for promoting its capital markets and advisory business in the kingdom. His latest appointment comes shortly after the Swiss bank installed another Saudi national and former Goldman Sachs banker, Hazem Shawki, as the head of its Mena and Turkey investment banking division. Credit Suisse is currently in the process of gaining a full banking licence from the Saudi regulator. Meanwhile a number of other international investment banks have upped their headcount in Saudi Arabia in anticipation of a surge in deal-making as controversial crown prince Mohammed bin Salman attempts to diversify the kingdom’s economy and lessen its dependence on oil revenues. ©2019 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

Roundtables

ROUNDTABLE: Hooked to the global caravan

Jan 04, 2019

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.