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.