Saod Obaidalla promoted to global Head of Private Banking at Emirates NBD
Emirates NBD, a leading bank in the region, has announced the promotion of Saod Obaidalla to Executive Vice President, Head…
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UAE c.bank halts foreign banks waivers on state-linked lending – sources
The United Arab Emirates (UAE) central bank has removed waivers given to foreign banks allowing them to use their group's…
Collas Crill Wins Landmark Case on State Immunity
Collas Crill has acted for the winning party in a decision issued by Jersey's Royal Court in a landmark case…
BlackRock launches fund for European investment in Tel Aviv blue chips
BlackRock, the world's largest money manager, said on Wednesday it had launched an exchange-traded fund (ETF) for European investors to…
FGB to launch new relationship ecosystem
According to Ernest and Young’s Global Consumer Banking Survey 2014, customers surveyed indicated that “simplicity” in banking is a key…
QIB profit grows by 22 per cent
Qatar Islamic Bank has announced a net profit (attributable to the shareholders of the Bank) of QAR 1.95 billion for…
Mashreq strengthens leadership team with new head of International Banking Group
Leading financial institution Mashreq has announced the appointment of Jan-Willem Sudmann as its new Head of International Banking Group. …
Gulf banks eye prospects in Iran, others may follow
Gulf banks including Dubai's largest lender Emirates NBD are already meeting prospective clients and taking legal advice about entering Iran's…
Jersey: The Middle East: Bespoke Structuring On The Rise
Jersey is seeing an increasing demand from Middle Eastern families and from those who advise them for more bespoke private…
UAE RAKBANK cuts up to 250 expat jobs, recruits in wholesale banking
National Bank of Ras Al Khaimah said on Wednesday it was cutting up to 250 expatriate staff from the bank…
Egypt considers floating two state banks – central bank governor
Egypt's central bank is studying the possibility of offering shares in two state banks in initial public offerings, Governor Tarek…
MetLife Hires SocGen's Funk in London to Build Asset Management
MetLife Inc., the largest U.S. life insurer, hired Jason Funk to expand its asset management business for institutional clients in…