DeVere poaches Guardian manager in Middle East
John Green has been with Guardian Wealth in Abu Dhabi since 2015 and is returning to his previous employer, Guardian’s…
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Emirates Investment Bank preliminary net profit up 66.8 per cent
The bank’s net profit is up 66.8 per cent to AED 56.52 million, compared with 2016’s AED 33.89 million, while…
Iran holds 100 traders and freezes accounts in dollar crackdown
Iranian authorities have detained almost 100 currency traders and frozen bank accounts reportedly worth 200tn rials ($5.3bn) in the biggest…
Damac revenue up 4% to Dh7.5b for 2017
Damac Properties reported total revenue of Dh7.5 billion for the year ended 2017, a 4 per cent increase over 2016,…
Singapore, Egypt sign fintech cooperation pact
The central banks of Singapore and Egypt have signed a cooperation agreement on Fintech. Under the agreement, the Monetary…
Saudi Central Bank to Test Ripple Payments Tech
Distributed ledger startup Ripple has struck a deal with Saudi Arabia's central bank on a pilot program that will see…
Citigroup Hired for First Saudi Arabia Deal After Reopening
Citigroup Inc. won its first local mandate in Saudi Arabia as the U.S. lender returns to the kingdom after a…
Deloitte’s audits of Hezbollah-linked bank to be examined by Dubai court
A judge in Dubai has green-lighted a trial that will determine whether a Deloitte member firm was negligent as auditor…
GFH 2017 income more than halves amid difficult market conditions
Bahrain-based investment bank GFH Financial Group reported a 56 per cent drop in its 2017 full-year net profit as income…
Noor Bank Wins Two Accolades at the Service Olympian Awards 2017 in Dubai
Noor Bank has won the Best Social Media Customer Experience award and the runner-up title in the Best Benchmarking Index:…
UAE's First Abu Dhabi Bank launches its Global Investment Outlook 2018
First Abu Dhabi Bank, the UAE’s largest bank has published its inaugural Global Investment Outlook report for 2018, Going from…
Trillion dollar conman strikes Dubai
After stealing a football club, breaking into a bank and conning governments around the world, a convicted international fraudster -…