Arab family businesses eye East Asia for expansion
An increasing number of large Gulf Arab family-owned business are eager to diversify their revenues by exploring new source markets…
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Global Wealth in 2015: Underlying Trends Remain Positive
Global wealth somewhat dropped in 2015 due to the strong US dollar, according to the "Global Wealth Report 2015." The…
Investing in Tech: Fortune Favors the Informed
The array of investment opportunities in the tech sector can present a daunting challenge for even the savviest investors. Words…
Bank Aljazira Q3 profits up 253 per cent
Total assets were up 4.08 per cent to SAR 68,308 million. Investments were down 7.15 per cent to SAR 11,290…
Abu Dhabi Real Estate Market Remains Stable in Q3, despite slowdown in government spending and weaker sentiment, According to JLL Real Estate Market Overview
JLL, the world's leading real estate investment and advisory firm, today released its third quarter (Q3 2015) Abu Dhabi Real…
Shortlist Of Potential Winners Of WealthBriefing, GCC Region Awards 2015
The shortlist for potential winners of the WealthBriefing GCC Awards 2015 has been announced by the judges ahead of the awards ceremony…
NBK reports net profits of $754.5 million for 9M 2015
Net profits for the 3Q 2015 reached $213.6 million KWD 64.5 million, a year-on-year increase of 9.1 per cent …
Dubai must seize opportunity to grow Islamic asset management from US$60bn to US$185bn
European Islamic Investment Bank plc, the London-listed asset management and financing group, today published a white paper on how Dubai…
Digital payments to boost GCC’s e-commerce market five-fold growth to $15 billion in 2015
Banks in the GCC are under pressure to innovate digital services over the next two years, as cash is becoming…
Top sovereign wealth funds ‘selling European shares’
The three biggest sovereign wealth funds of oil-producing countries have been selling European equity holdings since May, a study showed,…
Ex-Bank Leumi Execs to Partially Return Bonuses After U.S. Tax Evasion Probe
Three former top executives at Bank Leumi will return part of the bonuses they received when the bank helped many…
SOFGEN completes T24 upgrade at Banque Zitouna
SOFGEN Holdings Limited, a leading global provider of IT solutions in and around core banking, has announced the successful upgrade…