Sector: Investment Banking / M & A
Hope for M&A hires in the Gulf
M&A volumes in the Gulf are down by nearly 70% so far this year, but the feeling is that they will pick up going forward as a result of increased numbers of distressed deals. This is likely to result in some hiring in this sector, as Calyon’s decision to expand its Middle East team demonstrates. [...]
Tell me, what is wrong with my CV?
Following a similar feature on our UK site, we’re asking readers of eFinancialCareers Gulf to give some constructive criticism of this job-hunter’s CV. Below is their profile (with all personal details removed) and little about their search for new employment so far. Can you offer some tips about where they may have been going wrong [...]
Who hired in the Middle East in April?
The investment banking recruitment market, silent for some months now, finally showed a few signs of life in April. Even more improbably, international firms have made some hires. Abu Dhabi Islamic Bank has taken on Hashim Al Zarooni as regional head of its private banking division in the Northern Emirates as it looks to expand [...]
ECM drought hits hiring
The equity capital markets landscape in the Middle East has been particularly arid so far in 2009, and the once-buoyant appetite for hiring has dried up alongside it. Distressing figures from Dealogic show that there have been no ECM deals for over a month – the last one being a $92m share offering by Abyaar [...]
Who said sovereign wealth funds aren’t hiring?
In spite of some slumping international investments, Middle East sovereign wealth funds still dominate the rankings in terms of assets under management, and they’re offering ample career opportunities across a range of functions. New fund rankings from the SWF Institute confirm that the Abu-Dhabi Investment Authority is the biggest in the world, with $627bn in [...]
Deloitte eyes Middle Eastern expansion
Dubai’s not dead yet, at least for Deloitte, and it’s embarking on a recruitment drive to bolster its Middle Eastern presence across a range of businesses. The Middle East still has massive growth potential over the long term reckons Deloitte, and it’s intending to come good on the promise it made in September to bolster [...]
SWFs to look closer to home
Sovereign wealth funds are likely to dominate the domestic M&A market in the Gulf this year, and are still interested in hearing from international bankers as they build up their teams. After watching last year’s international investments tank, it seems SWFs are keen to keep their investments closer to home this year. Samir Al Ansari, [...]
International hiring freeze beginning to defrost?
It’s possibly a naïve point of view, bearing in mind recent cut-backs in the GCC, but it seems that there might still be some hiring opportunities within international banks in the region sometime soon. OK, so Jefferies closed its Dubai office, and the likes of Credit Suisse, Goldman Sachs and Morgan Stanley have announced redundancies [...]
Our predictions for the Gulf in 2009
Attempting to peer into a crystal ball for the coming year can be a risky business in these turbulent times. Nevertheless, we’ve gone out on a limb and here are our thoughts on the potential highs and low for next year. 2009 WILL BE A GOOD YEAR FOR JOBS AND HIRING IN…. Private equity The [...]
Good year/bad year 2008
Was 2008 the year in which the Gulf bubble was popped? Not necessarily. Here we give our considered opinion on the highs and lows of 2008. 2008 WAS A GOOD YEAR FOR… Talent pool At the end of 2007 there was a talent shortage in the GCC and banks were vying over a limited pool [...]
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