Evercore hires Waleed as Advisor
18 Apr 2017 - 23:15
Dubai: US boutique investment bank Evercore said it had hired Waleed El-Amir (pictured) 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 that could value the Saudi company at $2 trillion.
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 privatise companies and diversify the economy away from oil.