Jefferies Adds Two JPMorgan Bankers for Latest Mideast Push.

Jefferies Financial Group Inc. is expanding its presence in the Middle East and North Africa by hiring two bankers from JPMorgan Chase & Co. The bank has hired Georges Haddad and Mishary Al Dhuwaihi, who were previously with JPMorgan in Dubai. Jefferies' return to the Middle East is driven by increased deal flow in the region, particularly from state entities in Saudi Arabia and the United Arab Emirates. Other advisory firms, such as Rothschild & Co. and Moelis & Co., have also been growing their teams in the region. [Extracted from the article]

Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)