Evercore hires Middle East adviser, to open Dubai office

Evercore is among the banks chosen to advise on the listing of Saudi Aramco, sources have told Reuters, in a 2018 listing. (Screengrab)

US boutique investment bank Evercore said on Tuesday it had hired Waleed El-Amir as a senior adviser for the Middle East, Africa and Turkey, and expected to open a new office in Dubai in the second quarter,

El-Amir, who recently was head of group finance at UniCredit, has over 20 years of experience in international finance and has held senior leadership positions in financial institutions in North America, Europe and the Middle East, the bank said in a statement.

Evercore is among the banks chosen to advise on the listing of Saudi Aramco, sources have told Reuters, in a 2018 listing.

The listing of Aramco and other deals in Saudi Arabia have generated strong interest from Wall Street banks in the Gulf region, as the kingdom seeks to privatize companies and diversify the economy away from oil.

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Last Update: Wednesday, 20 May 2020 KSA 09:54 - GMT 06:54
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