The head of EMEA utilities just resigned from Deutsche Bank
Deutsche Bank may be hiring whole teams for its wealth management business, but it's also losing people from its corporate…
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Net Income of Al Baraka Banking Group reaches US$ 95 million in the first half of 2019
Al Baraka Banking Group BSC, achieved a net income of US$ 95 million and total operating income US$ 442 million…
Zurich and Equiom to run DIFC savings scheme
The Dubai International Financial Centre has rolled out its Employee Workplace Savings scheme. The move will see the centre…
Dubai's Jetex moves into ultra-luxury concierge services, aircraft sales
Dubai-headquartered Jetex Flight Support has expanded into providing bespoke concierge and travel services tailored to the unique needs of ultra-high…
Bahrain's sovereign wealth fund appoints new CEO
The board of the Bahrain Mumtalakat Holding Company, the country's sovereign wealth fund, has appointed Khalid Al Rumaihi as CEO.…
Seema Arora appointed Head of Execution Sales for EMEA
Instinet has announced the appointment of Seema Arora as Head of Execution Sales for EMEA. In this newly created…
CBI reports $11.16mln net profit in H1 2019
Commercial Bank International, CBI, today announced its financial results for the first half of 2019. The bank's net profit reached…
$2.3bn worth of Afreximbank investments in Egypt, says official
The African Export-Import Bank is investing some 2.3 billion dollars in Egypt, said Global Head of Advisory & Capital Markets…
Ajman Bank Q2 2019 profit flat year-on-year
UAE’s Ajman Bank reported a rise in profit of 0.17 per cent for the three months ending June 30 compared…
Credit Suisse names Saudi Arabia CEO
Credit Suisse has hired Khalid Al Ghamdi, the current managing director at Mizuho Saudi Arabia, as the bank's new Saudi…
Dubai’s Noor Bank launches 3.2 mln dirham waqf fund with Ajman Uni to benefit Islamic banking and finance
Dubai-based Noor Bank has launched a 3.2 million dirhams ($871,000) waqf fund with Ajman University to benefit Islamic banking and…
Anglo-Gulf Trade Bank partners with Publicis Sapient and Microsoft to launch world's first end to end digital trade finance bank
Publicis Sapient has announced their partnership supporting the launch of the world’s first end to end digital trade bank, Anglo-Gulf…