Banque Du Caire delays launch of new fund by three months
Egypt's third biggest public lender Banque Du Caire has decided to delay the launch of its new investment fund by…
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Dubai's Shuaa Capital cuts 15 pct of staff
Dubai investment bank Shuaa Capital has cut about 15 percent of its workforce, sources familiar with the matter told Reuters…
Oman's banking sector achieves robust growth despite oil price slump
Oman's banking sector achieves robust growth despite oil price slumpBanking sector in Oman has achieved a robust growth, despite a…
1MDB Bond Fates Diverge as Abu Dhabi Vow Trumps Najib Support
The fortunes of bonds in Malaysia’s troubled investment fund are diverging this month: those guaranteed by Abu Dhabi’s sovereign wealth…
UAE, Saudi have amongst the highest smartphone penetration rates
As smartphones take over landlines, computers, cameras and provide on the go access to everything online and digital, they have…
Why you need an emergency fund in the UAE
Life in the UAE can move pretty fast, and the money in your pocket can move even faster. However, in…
Al-Tamimi & Company closes $250m sukuk transaction for Boubyan Bank
Al-Tamimi & Company, the largest law firm in the Middle East, acted as legal counsel for Boubyan Bank KSCP, a…
Hackers probe defenses of Middle East banks : FireEye
Hackers are probing the defenses of banks in the Middle East, targeting employees with infected emails which gather information about…
UAE's Anti-Money Laundering and Suspicious Cases Unit and Kuwait's Financial Intelligence Unit sign MoU
The Central Bank of the UAE announced today that Abdulrahim Mohammed Al Awadhi, Executive Director of Anti-Money Laundering and Suspicious…
Emirates NBD named Best Bank in the Middle East and Best Bank in the UAE
In addition, the bank was also recently awarded, ‘Best SME Card’ for its Business Rewards Card and’ Best Wealth Management…
Bahrain Wealth Fund Plans to Invest Over $400 Million This Year
Bahrain’s sovereign wealth fund plans to invest more than $400 million this year on international deals as it seeks to…
UAB Confirms CFO Appointment and Two Other Senior Roles
United Arab Bank has appointed Anthony Murphy as Chief Financial Officer , who has been Acting CFO since November 2015.…