AGL 34.90 Decreased By ▼ -0.30 (-0.85%)
AIRLINK 128.20 Increased By ▲ 4.97 (4.03%)
BOP 5.15 Increased By ▲ 0.11 (2.18%)
CNERGY 3.88 Decreased By ▼ -0.03 (-0.77%)
DCL 8.00 Decreased By ▼ -0.15 (-1.84%)
DFML 43.53 Decreased By ▼ -0.69 (-1.56%)
DGKC 75.10 Increased By ▲ 0.75 (1.01%)
FCCL 24.70 Increased By ▲ 0.23 (0.94%)
FFBL 49.26 Increased By ▲ 1.06 (2.2%)
FFL 8.90 Increased By ▲ 0.12 (1.37%)
HUBC 142.80 Decreased By ▼ -3.05 (-2.09%)
HUMNL 10.50 Decreased By ▼ -0.35 (-3.23%)
KEL 3.96 Decreased By ▼ -0.04 (-1%)
KOSM 7.94 Decreased By ▼ -0.06 (-0.75%)
MLCF 33.10 Increased By ▲ 0.30 (0.91%)
NBP 56.80 Decreased By ▼ -0.35 (-0.61%)
OGDC 144.30 Decreased By ▼ -1.05 (-0.72%)
PAEL 25.40 Decreased By ▼ -0.35 (-1.36%)
PIBTL 5.78 Increased By ▲ 0.02 (0.35%)
PPL 116.06 Decreased By ▼ -0.74 (-0.63%)
PRL 24.07 Increased By ▲ 0.07 (0.29%)
PTC 11.05 No Change ▼ 0.00 (0%)
SEARL 58.72 Increased By ▲ 0.31 (0.53%)
TELE 7.48 Decreased By ▼ -0.01 (-0.13%)
TOMCL 41.19 Increased By ▲ 0.09 (0.22%)
TPLP 8.25 Decreased By ▼ -0.06 (-0.72%)
TREET 15.09 Decreased By ▼ -0.11 (-0.72%)
TRG 54.29 Decreased By ▼ -0.91 (-1.65%)
UNITY 27.81 Decreased By ▼ -0.04 (-0.14%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 8,632 Increased By 60.2 (0.7%)
BR30 27,105 Decreased By -170.7 (-0.63%)
KSE100 82,110 Increased By 650.5 (0.8%)
KSE30 26,036 Increased By 235.7 (0.91%)

Khaled Eldabag, a senior investment banker at Goldman Sachs Group Inc who handled some of the Wall Street firm's biggest clients in the Middle East, has resigned, two sources familiar with the matter said. Eldabag, a Dubai-based managing director at Goldman whose clients included Abu Dhabi investment fund Mubadala, resigned last week, the sources said on Monday, speaking on condition of anonymity as the matter is not public.
The sources were not aware of Eldabag's plans but one said he would remain in the region. Goldman Sachs declined to comment. Goldman topped the rankings for announced M&A transactions in the Middle East, with deals worth $5.9 billion in 2012, according to Reuters data. Eldabag, who joined Goldman Sachs in 2007, advised on several high-profile deals, including the recent state-backed merger of property firms Aldar Properties and Sorouh Real Estate, the sources said.

Copyright Reuters, 2013

Comments

Comments are closed.