UAE positions its economy to benefit from Saudi Vision 2030
Various industry sectors of the Gulf state United Arab Emirates (UAE) started to take deliberate steps in order to bank…
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HSBC Private Banking eyes emerging growth prospects in Mena
HSBC Private Banking, one of the largest global private banking organisations with $330 billion of total client assets under management…
Global sukuk issuances surge 44%
A total of $12 billion (Dh44 billion) worth of sukuk (Islamic bonds) was issued in March 2018, which brought global…
Where do Luxury Markets Stand in the U.S., U.K., U.A.E. and Australia?
The global luxury real estate market has had a good run recently. Prices are up and key markets have…
Andersen Global’s Middle East Expansion Continues with Solutions Bridge in Kuwait
Solutions Bridge, an Accounting and Corporate Secretarial Services firm in Kuwait City, has signed a Collaboration Agreement with Andersen Global.…
Abacus appoints Graham Hughes from Globaleye
Abacus Financial Consultants, the Dubai-based advisory firm, has announced the appointment of veteran adviser Graham Hughes, a former wealth manager…
KPMG said to review its audits of Middle East PE firm Abraaj
KPMG LLP is conducting an internal review into its audits of embattled Middle East buyout firm Abraaj Group following the…
Dubai Bank raids Kenyan rivals for top management
Giant Gulf lender Dubai Islamic Bank’s local subsidiary, DIB Bank Kenya, has hired top executives from leading local rivals, taking…
Omani lenders seek to join merger wave in Middle East
The wave of consolidation among banks in the Gulf is spreading to Oman from Saudi Arabia, the United Arab Emirates…
UAE foreign ownership law more limited than you think
A landmark law that will allow foreign investors to own 100% of companies in the UAE will be limited to…
UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary
Abu Dhabi’s state-owned Mubadala Investment Company has agreed to pay $271 million for a 44 percent stake in an oil…
Boodle Hatfield strengthens Private Client and Tax team with partner hire
Law firm Boodle Hatfield has strengthened its Private Client and Tax team with the appointment of new partner Kyra Motley.…