Dubai witnesses 83% growth in Trader licences issued in first half of 2020
The DED Trader licence launched by the Business Registration & Licensing (BRL) sector in Dubai Economy (DED), enabling start-ups in…
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Abu Dhabi’s Adnoc Hires Morgan Stanley Veteran Froehlich as CIO
Abu Dhabi National Oil Co., the state-owned energy giant that’s using its assets to attract foreign investors, appointed former Morgan…
ADIB records surge in demand for digital banking services
Abu Dhabi Islamic Bank has recorded high levels of digital adoption across its retail and corporate banking services in the…
Covid-19 accelerates digital transformation at private banks
As markets plummet and liquidity dries up even the most sophisticated investor can be shaken. That’s when they will call…
Why the crisis is an opportunity for innovative private banks
For the more innovative private banks, why does the pandemic represent a historic opportunity in terms of digital wealth management?…
Gold Funds Underpin Pandemic Price Rally as Jewelers Vanish
Western investors piling into gold in the pandemic are more than making up for a collapse in demand for physical…
Green finance is having a moment in the sun
The COVID-19 crisis has unveiled the vulnerability in the strategic assessment and planning, not only of the healthcare systems, but…
Shock move comes as PM warns of ‘financial blockade to starve the people’
Salim Sfeir, chairman of the Association of Banks in Lebanon (ABL), said that US dollars will be supplied by the…
Former Barclays CEO John Varley grilled on negotiations with Qatar in High Court
Private equity financier Amanda Staveley’s lawyers grilled former Barclays chief executive John Varley over his discussions with Qatari investors about…
Citi targets more growth in Saudi Arabia after adding over 20 bankers in two years
Citigroup is planning to hire more bankers in Saudi Arabia for its direct custody business after adding more than 20…
Greenberg Traurig advised joint venture in complex multinational closing
Greenberg Traurig, LLP has represented a joint venture between Round Hill Capital and a Middle-Eastern sovereign wealth fund in the…
Gulf’s betting big on banking consolidation, and it will pay off
GCC economies were moving towards more sustainable ways well before the COVID-19 pandemic struck. This was caused by the 2016…