Standard Chartered appoints Souad Benkredda as Head of Financial Markets, UAE
We are extremely pleased to have Souad join our AME Financial Markets management team. Her breadth of experience, familiarity…
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Banks likely to report modest growth in assets and profitability
The first three quarters of 2016 saw the UAE banks reporting a general decline in earnings growth driven by rising…
Survey reveals opportunity for banks as a single provider for insurance products
The survey found that the majority of customers in the UAE would like a more streamlined approach to insurance services,…
Emirates NBD Asset Management sees significant growth opportunities for Saudi Arabian equities
Through its MENA funds, Emirates NBD Asset Management is targeting medium to long term capital growth in the Saudi market.…
Abu Dhabi fund to provide $200m for Jordanian medical city
Abu Dhabi Fund for Development has announced it will provide a AED735 million ($200 million) grant to help fund the…
GCC's economic recovery will be slightly slower than expected: World Bank
Economic growth in the Middle East and North Africa is set to accelerate through 2018 following the bottoming out of…
Mubadala CEO expects to see more mergers in Abu Dhabi
More mergers are likely in Abu Dhabi as institutions there tie up in ways that are positive for their business,…
Global volatility offers a silver lining for GCC's private banking industry
Last year was clearly one of unexpected events. Britain’s vote for Brexit, the results of the US elections and the…
Turkey to grant citizenship to big investors
Turkey will grant citizenship to those who invest or buy valuable property in the country, the Official Gazette said Thursday,…
National Bank of Oman Q4 net profit slips 19.9%
National Bank of Oman, the sultanate’s third largest lender by assets, posted on Thursday a 19.9 per cent fall in…
Abu Dhabi's UNB says IPO for its Islamic insurer JV heavily oversubscribed
Abu Dhabi's Union National Bank said on Thursday an initial public offer for its new Islamic insurer joint venture Orient…
Citi launches two new credit cards: Citi Rewards and Citi Premier in the UAE
These new products join the Citi Prestige card, which launched in 2015, and complete the Citi Rewards product line. …