HSBC Appoints Marwan Hadi as Head of Wealth Management in the UAE
HSBC Bank Middle East Limited has announced the appointment of Marwan Hadi as Head of Retail Banking and Wealth Management…
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Emirates NBD gives initial price guidance for five-year dollar bond
Emirates NBD, Dubai's largest bank, has given initial price guidance for its planned five-year benchmark dollar bond in the 140…
Access to credit for companies in Gulf countries remains low, says World Bank
All six countries of the Gulf Cooperation Council held relatively low rankings for credit availability on the World Bank’s Doing…
Trump backs Saudi crackdown after arrests of princes, executives
President Donald Trump vouched for Saudi Arabia's king and crown prince after the weekend arrests of princes, businessmen and officials…
Saudi Corruption Purge Snares $33 Billion of Net Worth in Riyadh
Crown Prince Mohammed bin Salman’s crackdown on some of Saudi Arabia’s richest and most powerful men has put $33 billion…
Billionaire Olayan Family Said to Put Saudi IPO Plan on Hold
The Olayan family, which runs one of Saudi Arabia’s biggest conglomerates, is putting plans to sell shares in some of…
Islamic banks in Bahrain urged to fully comply with new standards
Islamic banks in Bahrain have until June-end next year to fully comply with new standards mandated by Central Bank of…
Saudi purge widens, travel bans … freeze – New ministers named
A campaign of mass arrests of Saudi Arabian royals, ministers and businessmen widened on Monday after a top entrepreneur was…
Turkish Central Bank provides dollar liquidity in reserve requirements move
The Central Bank said on Nov. 6 that 5.3 billion Turkish Liras ($1.37 billion) of lira liquidity will be withdrawn…
New measures on combating money laundering, terror funding
Justice, Islamic Affairs and Endowments Minister Shaikh Khalid bin Ali Al-Khalifa issued edict 64 of 2017 stipulating the commitments of…
We Believe Risk Assets Across Europe Offer The Potential For Attractive Returns
As conditions in Europe’s economy and financial markets have improved recently, substantial differences at a sector level have appeared across…
It Feels Like A Battlefield These Days In Saudi Arabia
In a brief video clip that circulated on Saudi social media last week, Crown Prince Mohammed bin Salman described his…