Singapore to challenge London in the eyes of the Super Rich
Whilst the UK's Capital will remain the single biggest centre for global Ultra High Net Worth Individuals (UHNWIs) - those…
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Bank of Beirut UK unit fined for misleading UK regulator
The Bank of Beirut (UK) Ltd (Bank of Beirut) has been fined £2.1m by the Financial Conduct Authority (FCA) and…
ADIB Scoops Awards at IFN Awards Ceremony
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has received 10 prestigious awards at the Islamic Finance…
DIFC welcomes BankMed & MedSecurities
BankMed , one of Lebanon's leading and fastest-growing banks, announced today the official launch of its operations in the Dubai…
DIFC bags the Ijarah deal of the year award at IFN Awards
DIFC Investments, the developer and operator of the Dubai International Financial Centre, is proud to accept the Ijarah Deal of…
Barclays Egypt celebrates 150 years of world-class financial services
After a year of strong financial results, Barclays Bank Egypt concentrates on an ambitious expansion plan to commemorate its 150th…
Turkish economy 2nd biggest among Islamic countries
Turkey, whose gross national income was $820 billion in 2013, has now become the second biggest economy among Islamic nations…
Dubai still favoured by ultra-rich as city to be in
Those luxury properties may not be getting snapped up at the pace they were accustomed to, but Dubai ranks among…
Fiscal deficits unlikely to trigger sukuk funding in GCC
Fiscal deficits arising from low oil prices and funding needs for infrastructure projects are unlikely to boost sovereign sukuk issuance…
Triple threat weighs on Middle East earnings for Standard Chartered
Standard Chartered said its Middle East earnings last year were dragged down by increased competition, a low interest rate environment…
National Bank of Fujairah’s trading to be suspended on March 18
Dubai Trading in shares of National Bank of Fujairah will remain suspended on March 18, the Abu Dhabi Securities Exchange…
Falcon Private Bank eyes acquisitions as industry consolidates
Falcon Private Bank is open to buying rivals as it expects a wave of consolidation in the industry due to…