23pc of wealth management clients in ME looking to switch
Some 23 per cent of wealth management clients in the Middle East are planning to move assets in the next…
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IEA cuts oil-demand outlook as economy eclipses Saudi attack
The International Energy Agency cut forecasts for growth in global oil demand, noting that fears of an economic slowdown are…
Saudi, U.A.E. Banks to See Jump in Loan Demand as Profit Lags
While banks in Saudi Arabia and the United Arab Emirates can look forward to burgeoning loan growth in 2020, higher…
Central Bank of Kuwait joins the Bank of International Settlements
The Central Bank of Kuwait has accepted the invitation to join the Bank of International Settlements. This is the…
Emirates Islamic contributes $544,000 to MBRU
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has contributed Dh2 million ($544,000) to Mohammed Bin…
Cybersecurity Threats Call for a Global Response
Last March, Operation Taiex led to the arrest of the gang leader behind the Carbanak and Cobalt malware attacks on…
Are Corporate Actions Being Treated Fairly? by William Rouse, Contemi
The relationship between the financial markets and the investor is quietly, but fundamentally, changing. A series of regulatory changes has…
Dubai Real Estate Firm And Huobi Exchange Partner To Allow Investors To Pay In Crypto
Huobi, one of the major cryptocurrency exchanges, has closed a partnership with a United Arab Emirates real estate firm to…
Egypt's Beltone to sell stake in brokerage Auerbach in 2020
Egyptian investment bank Beltone Financial Holding plans to sell its 60% stake in New York-based brokerage Auerbach Grayson & Company…
Experts urge investors not to reposition portfolios in wake of 'inferno' Iran-US crisis
US President Donald Trump's missile attack on Iran, killing Major General Qasem Soleimani, has "transformed a simmering but manageable pot…
Lebanon will probably restructure debt, foreigners will be paid-senior banker
Lebanon’s sovereign debt is probably going to be restructured in a way that hurts neither the economy nor depositors, and…
Banks are pressing Aramco for bigger payout over IPO, say sources
Global banks that worked on Saudi Aramco's record initial public offering are pushing for an additional "incentive fee", three sources…