Central Bank’s total foreign assets near Dhs339.81b
The UAE Central Bank’s total foreign assets surged to an equivalent of Dhs339.81 billion during February, a growth of 4.2…
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Emirates NBD closes in on Turkey's Denizbank despite Gulf row
Emirates NBD could agree to buy Turkey’s Denizbank within weeks, sources said, after intense lobbying by the Turkish bank to…
QIIB makes senior Qatari appointments
QIIB has announced that Sheikh Abdulaziz bin Abdullah bin Faisal al-Thani has been appointed as chief of its Corporate Banking…
Swiss Global looks to set up offices in Middle East and Asia
Swiss Global Group has announced plans to open offices in the Middle East and Asia in an ambitious strategic move…
No longer all about London for UAE property investors
UAE real estate investors are widening their scope and looking away from London, which has traditionally been the property hotspot…
Liquidation date set for Guardian Wealth Management Qatar
Guardian Wealth Management had announced in February 2016 a “strategic review” of the Middle East, having gained a broker licence…
Dubai Holding to hire senior Nakheel exec as new CFO
Dubai Holding, the global investment holding company, on Thursday announced the appointment of Sharjil Anwar as its chief financial officer.…
UAE banks must justify interbank rates under new system
United Arab Emirates banks will be required to provide written justifications for their quotes when they take part in a…
ADIC To Join Mubadala As Abu Dhabi Continues Merging State-Run Investment Funds
Abu Dhabi is combining two of its government-run investment firms, with the Abu Dhabi Investment Council joining Mubadala Investment Company.…
Dubai ruler enacts new laws to boost financial hub
Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has enacted two new laws that aim to improve and expand Dubai…
INTERVIEW-Newly empowered Saudi women to help drive growth at Al Rajhi Bank
As Saudi women get the right to drive and have more chances to work, increased economic activity among an entire…
Arkan Bank could tap investors for $200mln through Nasdaq Dubai listing
The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to…