Abu Dhabi Commercial Bank picks Barclays to advise on merger
Barclays has been appointed by Abu Dhabi Commercial Bank (ADCB) to advise on a potential merger plan involving Union National…
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Middle East should learn from Hong Kong’s evolution
Advice firms in the Middle East need to modernise and potentially force leadership changes for the market to move away…
Emirates Palace spends about $130,000 a year replacing gold ceiling
With a $3 billion price tag, the Emirates Palace in Abu Dhabi was said to be the most expensive hotel…
Oman’s US$1.5bn sovereign sukuk offering
The Sultanate of Oman has sold US$1.5billion seven-year Sukuk certificates, its second foray into the international debt capital markets in…
Aldar Properties' Q3 profits fall 30% amid higher costs
Aldar Properties net profits dropped 30 percent to AED 420 million ($ 114.35 million) in the third quarter of 2018,…
KPMG suspended in Oman over 'irregularities'
Oman’s Capital Markets Authority has suspended audit firm KPMG from auditing entities it regulates for one year after uncovering “major…
Arabian Business Achievement Awards 2018 – Dr Habib Al Mulla
When UAE law firm Habib Al Mulla merged with Baker McKenzie in 2013, it was the first local Middle East…
Egypt: Bank Misr plans to raise $550 million to boost dollar reserve
Bank Misr, the second public bank in Egypt, plans to raise $550 million from international banks, before the end of…
PayFort awarded as ‘Most Innovative Online Payment Service Provider’
PAYFORT, an Amazon company, has been recognised as the ‘Most Innovative Online Payment Service Provider’ by the International Finance Awards…
Gulf clients are ‘poorly prepared’ for wealth transfer
The majority (92%) of Gulf Cooperation Council based wealth management practitioners believe high net worth clients in the region are…
Saudi females boost DIFC private wealth industry
Dubai International Financial Centre -based wealth advisers are seeing opportunities aplenty from Saudi females looking to discuss their options. …
Allied Investment Partners receives five comprehensive financial licenses from Emirates Securities and Commodities Authority
Allied Investment Partners PJSC announced that it has received approval for five licenses from the Emirates Securities and Commodities Authority,…