Saudi Arabia Mega Deal Spurs Record First Half for Gulf Loans
HSBC Holdings Plc is back on top, Mitsubishi UFJ Financial Group Inc. has tightened its grip on second place, while…
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International offshore law firm announces new partners
International offshore law firm Walkers has announced the appointment of 13 new partners across the global group, seven of which…
Going cashless? UAE residents to pay Dh50 billion through mobile wallet
All banks in the UAE will be offering the mobile wallet (mWallet), which once implemented will reduce the use of…
Wealth of Qatar's super-rich seen at $500bn in 2020
The private wealth held by ultra-high-net-worth households in Qatar is projected to reach approximately $500bn (about QR1.82 trillion) in 2020,…
Brexit could mean long-term gain for Gulf, analysts say
The UK’s shock vote to leave the European Union last week - commonly known as “Brexit” - could boost Gulf…
Wall Street on Saudi Arabia charm offensive as bankers chase deal bonanza
When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the…
The World’s Top UHNW Lawyers In Association With WEALTH
When you’re dealing with vast amounts of wealth involving various parties and entities, the legal world can feel like a…
Islamic finance expanding its footprint in Oman
Recent regulations on sukuk are helping drive growth in Oman's Islamic banking sector, with sharia-compliant lenders gaining ground, according to…
HSBC Bank Middle East completes transfer to the DIFC
HSBC Bank Middle East has confirmed that it has transferred its place of incorporation and head office from Jersey to…
Qannas Investments reports on 'challeging year'
Emerging markets investing company Qannas Investments reported on what it called a “challenging” 2015 calendar year on Wednesday, posting losses…
United Arab Emirates to Merge 2 Abu Dhabi Investment Funds
A top United Arab Emirates official ordered the merger of two prominent government wealth funds on Wednesday, streamlining the country's…
ADCB launches website for new expatriates
Abu Dhabi Commercial Bank announced the launch of a website for new expatriates in the UAE to provide them with…