Deutsche Bank, Al Azizia ink JV in Saudi Arabia

FRANKFURT — Deutsche Bank, Germany’s biggest bank, said yesterday that it had signed an agreement with Al Azizia Commercial Investment Company (ACIC) to set up an investment banking joint venture in Saudi Arabia. The venture would provide equities brokerage and other investment banking services in Saudi Arabia.

By (AFP)

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Published: Wed 13 Apr 2005, 10:35 AM

Last updated: Thu 2 Apr 2015, 4:00 PM

“Our partnership with ACIC reflects our continuing commitment to developing our presence in investment banking services in Saudi Arabia and throughout the Middle East,” said Anshu Jain, head of Deutsche Bank’s corporate and investment banking division.

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