Dubai car crash leads Syrian millionaire to give away all his wealth
After a Dubai car accident that landed Syrian businessman Mazzi Dumato in jail for one night, the 38-year-old gave away…
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Kuwait Financial Forum calls for supporting privatization
Kuwait Financial Forum concluded on Wednesday with recommendations focusingon necessity to press ahead with economic reforms and support small enterprise…
Turkish banks taking losses on mortgages after rate pressure
Turkey’s banks are issuing mortgages at a loss as the government prioritises revival of the housing market to spur growth.…
Shares in First Abu Dhabi Bank surge
Shares in the merged National Bank of Abu Dhabi and FGB – now known as First Abu Dhabi Bank –…
Arab Bank Case May Show Trump’s Corporate Liability Views
The U.S. Supreme Court’s choice to weigh whether a Jordanian bank can be sued for allegedly funding militant attacks in…
Saudi Arabia picks hybrid structure for debut dollar sukuk
Saudi Arabia has chosen a hybrid structure for its debut international sukuk, the prospectus for the offer showed, a format…
Turkish regulator gives new permits for PASHA Yatirim Bankasi
Turkey’s Banking Regulation and Supervision Agency has given permits for PASHA Yatirim Bankasi A.S., said a message posted on the…
Credit Suisse's Perfect Storm
Credit Suisse had turned the corner after its billion-franc annual loss last year. Just two months later, the Swiss…
DFSA Signs International Agreement on Audit Oversight
The Dubai Financial Services Authority today joined 21 of the world’s leading regulators of auditors in an agreement to increase…
Dubai advisers share challenges facing retirement planning
From the new Qrops tax charge in the UK to the growing international mobility of clients, financial advisers in Dubai…
PRAXISIFM Completes Fourth Acquisition In 12 Months
PRAXISIFM has completed its fourth acquisition in 12 months and strengthened its presence in the Middle East. The acquisition…
Crestbridge extends footprint to Bahrain
Award-winning independent trust, fund and corporate services provider Crestbridge has established a presence in the GCC following the completion of…