04/03/2012
Mimaroglu, 37, has left Credit Suisse and will join UBS in Istanbul on May 1, the person said, declining to be identified because the hiring hasn’t been publicly disclosed. Dominique Gerster, a spokesman for UBS in Zurich, declined to comment.
03/29/2012
With over 24 years of asset management experience, Favrin will report to Mohamed Al Khoori, executive director, at the Internal Equities Department.
03/28/2012
"The new phase aims at unifying the management teams within our two Islamic arms," Rick Pudner, group CEO of Emirates NBD, said in a statement.
03/26/2012
Hashel, who has been the deputy governor for several years, was promoted to acting governor last month after former central bank chief Shaikh Salem Abdul Aziz Al Sabah resigned in protest against a steep rise in spending.
03/21/2012
He was deputy chief executive of the fund since 2006, was also mostly recently the chief executive of Bahrain-based labour fund Tamkeen, Mumtalakat said in a statement.
03/20/2012
Libya, Egypt and Tunisia have seen renewed interest in Islamic finance since last year's uprisings toppled governments which neglected or discouraged the industry for ideological reasons. Oman announced last May that it would introduce Islamic financ
03/13/2012
Emirates NBD ENBD.AD, Dubai's largest bank which has been grappling with impairments, plans to lay off up to 15 percent of its workforce, two sources familiar with the matter said on Monday.
03/12/2012
The Middle East bourse has appointed Rod Banus, the former head of futures for Asia-Pacific at Barclays Capital, to head up its customer relations efforts, Financial News has learned.