29.07.2009 - Banks grab $1 bln Middle East fee pot
From WSJ: Dubai World, the state-owned property and investment group, is the largest fee-payer to investment banks in the Middle East and Africa, paying out $366 million in fees since 2004, according to data provider Dealogic. The second-biggest fee payer is Abu Dhabi's state-owned investor International Petroleum Investment Co., which has paid banks $245 million over the past five years.........Full Article (Subscription Required) : Source