News

MUFG of Japan sets up bank branch in Riyadh

MUFG_Bank_branchJapan’s MUFG Bank has announced plans to open a bank branch in Riyadh. The bank opening is part of a global rebranding exercise which has seen the firm change its former Bank of Tokyo-Mitsubishi UJ name in favour of the MUFG Bank moniker. The Riyadh branch is set to open in late 2018 and will add to the group’s existing branches in Dubai, Abu Dhabi, Bahrain and Doha, all of which will be rebranded under the MUFG Bank title. “MUFG has been carefully building its presence in the Middle East over many years,” said Masahiro Kuwahara, chief executive of MUFG in EMEA. “We know our clients increasingly need global solutions to their complex needs, and meeting this requirement will always be our priority.” ©2018 funds global mena

Executive Interviews

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...

INTERVIEW: Protecting the investment

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Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Roundtables

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.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.