Barclays named ‘Best Bank for Advisory’ in the Middle East
Barclays won Euromoney’s ‘Best Bank for Advisory in the Middle East’ award, which recognises best in class advice to clients…
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ADS Makes Two Senior Appointments, Promoting Ryan Lemand and Marcelo Vasques
ADS Securities, a comprehensive provider of foreign exchange and contracts-for-difference, has made two senior promotions to its executive team, with…
Emerging markets drove global equities higher as oil declined
Global equities were slightly positive for the month of August, led by emerging markets. Brent oil reversed some of…
Arab banks' ties to foreign banks under pressure, survey finds
More than a third of Arab banks have seen their business links with foreign banks shrink over the past four…
Emirates NBD establishes future digital banking lab to drive smart service adoption in UAE
Emirates NBD, one of the leading banking groups in the Middle East, has announced a new initiative that aims to…
UAE bankruptcy law will not offer protection for defaults on personal debt
The UAE’s new bankruptcy law will not offer protection from jail for individuals unable to repay their debts, according to…
UAE Entrepreneurs, Investors Welcome Proposed Bankruptcy Law
One of the major grievances entrepreneurs in the UAE have long had about starting and scaling business in the country…
Al Baraka unit to merge with Pakistan’s Burj Bank
Bahrain-based Al Baraka Banking Group, one of the Gulf’s top Islamic banks, said its Pakistani unit would merge with Pakistan’s…
UAE bankruptcy law final draft approved by cabinet
“Today we approved the final draft of the Federal law on Bankruptcy. The law aims to enhance the investment attractiveness…
Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery: sources
Saudi Aramco IPO-ARMO.SE and its U.S. refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery, according…
Investors prefer UAE stocks in Mena region, top bank says
Investors are preferring to invest in UAE stocks as the best macro story, leading investment bank EFG Hermes said on…
Bahrain's Al Baraka To Merge Unit With Pakistan's Burj Bank
Bahrain-based Al Baraka Banking Group, one of the Gulf's top Islamic banks, said its Pakistani unit would merge with Pakistan's…