UBS announces new EMEA FIG DCM leader
UBS has promoted James Marriott to lead its financial institutions group debt capital markets business in Europe, Middle East and…
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Al Baraka's ratings reaffirmed by top agencies
Bahrain-based Al Baraka Banking Group (ABG) said Dagong Global Credit Rating Company and Islamic International Rating Agency (IIRA) have jointly…
Why UAE banks shun lending to SMEs
Banks have abundant liquidity and can overcome financial woes of small and medium enterprises (SMEs) provided the sector incorporates fundamental…
Banks in UAE not rewarding customers enough
Nearly two thirds of customers in the UAE feel more loyal to brands that provide access to rewards and 63…
Private banking gains as family offices outsource asset management – RESEARCH
GCC-based family offices are becoming more sophisticated with generational changes and are increasingly seeking professional help in both wealth generation…
Guernsey Finance appoints Middle East representative
Guernsey Finance has appointed Zoë Cousens as its first ever Middle East representative. Mrs Cousens relocated to the region at…
ANB set to sell SR2bn capital-boosting sukuk
Arab National Bank (ANB) is close to completing a SR2 billion ($533.3 million) capital-boosting sukuk issue, sources familiar with the…
Bahrain Institute of Banking and Finance partners with England's University of Salford
The University of Salford in the U.K. has announced that it will be partnering with the Bahrain Institute of Banking…
Emirates NDB mulls establishment of Islamic banking unit in RI
Emirates NBD, the Middle East’s largest banking group by assets, is considering establishing a new Islamic banking center in Indonesia,…
Qatar Wealth Fund May Have Lost Billions on VW, Glencore Stakes
Qatar’s sovereign-wealth fund may have lost $4.6 billion in just two days from its stakes in Volkswagen AG and Glencore…
An oasis of best IR practice
Middle East IR Society conference discusses post-reclassification fund flows, the importance of local investors and the opening up of the…
A not-so-taxing experience keeps expats in the gulf
The length of stay of Western expatriates working in the nations of the Gulf Cooperation Council (GCC) has now reached…