The Middle East's 10 Biggest Sovereign Wealth Funds (For Now)
Saudi Arabia’s plan to create a $2 trillion sovereign wealth fund has set an ambitious new standard for state-run investment…
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Natixis Said to Force Dubai Group Sale of EFG, Bank Muscat
Natixis SA is holding discussions to find buyers for Dubai Group LLC banking assets that back a $1.1 billion loan…
DFSA Restricts Former Trader Noyan Ayhan
The Dubai Financial Services Authority announced today that it has imposed a restriction on Mr Noyan Ayhan, a former trader…
Aon Hewitt Appoints New CEO for Middle East
Raymond Everett is appointed as Chief Executive Officer for the Middle East, responsible for leading expansion efforts across the region…
First Energy Bank Appoints new chairman
Bahrain - based First Energy Bank held its Board Meeting on the 9th of May 2016, during which the board…
Do Millennials Hold the Key to Islamic Banking?
Mushtak Parker, research consultant at Islamic Finance, discusses innovation in Islamic Finance, the role millennials play in Islamic banking and…
Private funding will be "critical" for MidEast projects
The Middle East is renowned for its ambitious and futuristic-looking plans, but dwindling government revenues in the region means funding…
Affluent UAE consumer overwhelmingly embrace loyalty programmes
Affluent UAE consumer has overwhelmingly embraced loyalty programmes over the past two years and brands are meeting customer expectations to…
UAE banks to assess impact of new rules on impairments
Banks in the United Arab Emirates have been given until June 16 to assess the impact of new accounting standards,…
Deputy PM Simsek: Turkey to found Islamic ‘megabank'
Deputy Prime Minister Mehmet Şimşek said yesterday that the country will found an Islamic "megabank" within the year. "We…
More senior executives at Abu Dhabi bank FGB depart
First Gulf Bank's most senior investment banker and its head of global markets sales have both left their positions at…
QInvest announced net profit QAR 37 million for Q1 2016
Tamim Hamad Al-Kawari, Chief Executive Officer of QInvest, said, “2016 started with significant negative market headwinds. I am especially…