GF
Company: Ernst & Young
These are some of the places you can get trained in financial services as a graduate in the Middle East
Fresh graduates need not panic. Banks in the Middle Easthaven’t completely forgotten you. Yes, the Arab Spring slashed more jobs than it created, but young blood is still needed for when the good times roll around. There are still hot spots to look out for. Financial regulation and auditing is still flavour of the month, [...]
Who hired in the Middle East in January?
For the time of year, the number of new hires announced in the Middle East financial sector was relatively modest, with a focus on wealth management or very senior recruitment. Barclays has unveiled Kersi Patel as head of trade and working capital. He joins from HSBC. Barclays Wealth has announced the appointment of Faisal Shaker [...]
Gulf investment bankers are exploring alternative career paths
Investment banking activity has been subdued in the MENA region for a few years now, but 2011 was undoubtedly something of an annus horribilis for the sector. Equity capital markets have suffered in particular, and the latest MENA IPO report from Ernst & Young underlines this point – regional capital markets raised $843.9m in 2011, [...]
Who hired in the Middle East in November?
A number of international investment banks have named new regional heads in November, but generally the number of new recruits announced during the month has been relatively few. Ajman Bank has a new head of branches in the emirate of Ajamn in Marwan Ibrahim Al Zarooni. Australia and New Zealand Banking Group (ANZ) has opened [...]
Why working in equity capital markets in the Gulf is currently career suicide
We’ve mentioned previously that working in an international investment banking role in the Gulf is a precarious position to be in currently, but if you’re an equity capital markets (ECM) professional, you’d be foolish to remain in the Middle East. At the senior end, ECM heads within international banks are being pulled back from Dubai [...]
Middle East financial services: What was hot, and what was not, in 2010?
Unfortunately for the majority of people in the GCC’s financial sector, the much anticipated recovery never really emerged in 2010. Things have improved, generally speaking, but some areas have fared better than others. Here’s our assessment of the ups and downs of this year. 2010 was a good year for…. Those with aspirations to work [...]
E&Y comes out fighting for MENA top spot with ambitious recruitment plans
There appears to be some hiring one-upmanship among the Big Four accounting firms as they battle for the top spot in the MENA region. Following announcements of significant recruitment sprees in the region from both PwC and Deloitte, Ernst & Young – which has been the dominant player in the Middle East for some time [...]
Gulf growth plans among Big Four firms
The Big Four accountancy firms have (relatively) big plans for the Middle East, which is likely to create something of a talent shortage in the not-so-distant future. PwC unveiled its annual results this week and the Middle East has proven a growth market for the firm. Revenues increased by 17% in the region year-on-year – [...]
Who is Sameer Al-Ansari?
Sameer Al-Ansari stepped down from his role as chief executive officer of Dubai International Capital (DIC) in January after deciding to take the top job at regional investment bank Shuaa Capital. However, he remained attached to DIC through a non-executive chairman role, but has now relinquished this after ongoing poor performance of the firm’s portfolio [...]
The understated Big Four Middle East recruitment frenzy
PricewaterhouseCooper’s bid to become the dominant Big Four accountancy firm in the Middle East has created something of a poaching frenzy. It has recruited more than 20 partners from Ernst & Young in the Middle East as well as hiring 25 new partners and 400 staff in the region, according to a report by the [...]
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