Godrej Properties opens first overseas office in Dubai
Godrej Properties Limited, or GPL, the real estate development arm of the Godrej Group, has announced that it has opened…
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UAE banks close to resolving credit bureau liability issue
Banks in the United Arab Emirates are close to resolving a liability issue over information provided by the Gulf Arab…
Barclays Said to Hire RBS Corporate Bankers in Dubai Expansion
Barclays Plc (BARC) hired two corporate bankers from Royal Bank of Scotland Group Plc (RBS) in Dubai as it expands…
Sovereign wealth fund acquisitions surge as confidence returns
Sovereign wealth funds are buying up assets this year at their fastest rate since the financial crisis as these state-run…
UAE Banks Federation honours H.E. Sultan Al Suwaidi
H.E. AbdulAziz Al Ghurair, said, “I would like to place on record our gratitude to a man who has shaped…
Net Income of Al Baraka Bank Egypt Rises by 41% during the First Nine months of 2014
Al Baraka Bank Egypt , a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG) , announced that the…
Barclays Said to Hire RBS Corporate Bankers in Dubai Expansion
Barclays hired two corporate bankers from Royal Bank of Scotland Group in Dubai as it expands in the region, people…
Abu Dhabi bank agrees $490m loan for luxury London project
National Bank of Abu Dhabi (NBAD) and Abu Dhabi Financial Group (ADFG) on Monday announced the completion of a AED1.8…
Gulf Finance sees greater growth potential in lending to smaller SMEs
Gulf Finance Corporation (Gulf Finance), an independent commercial lender to small and medium enterprise (SMEs) in the UAE and Saudi…
Bahrain offers one of the GCC's lowest operating cost environments for the financial services sector
A new report released by KPMG concludes that Bahrain has one of the lowest costs of operating a financial services…
2015 an active year for SWFs in the Middle East, says KPMG
Over the past two years, there has been a shift in how the Middle East’s Sovereign Wealth Funds have had…
Israel’s Bank Leumi Boosts Provisions for U.S. Tax Probe
Bank Leumi Le-Israel Ltd. said it’s setting aside more cash to cover the costs of an investigation by New York’s…