Al Khaliji gets Best Private Bank award
Al Khalij Commercial Bank (al khaliji) has been announced as the Best Private Bank in Qatar by the 2014 Global…
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Al Hail Holdings complete the 100% acquisition of Habib Exchange
Further expanding its footprint in financial services in the GCC, Al Hail Holding LLC ("Al Hail"), jointly with Global Development…
DED brings out handbook on managing government finances
The Internal Audit sector in the Department of Economic Development ( DED ) has issued a Government Employee Handbook on…
All Change Once More In Libya. Just Who Runs Its $65 Billion Wealth Fund?
Regular readers of this blog will know of the travails of the Libyan Investment Authority, the sovereign wealth fund entrusted…
Dubai plans tallest twin towers in the world
Dubai’s Emaar Properties has unveiled the master plan for its massive Dubai Creek Harbour scheme, and it includes what the…
Turkey's Garanti Bank sees future of banking defined by mobility
The banking industry has embraced mobility in a big way in many foreign markets, including Turkey, where Garanti Bank pays…
37 government entities to connect to ADERP system
A total of 37 local government entities will be connected to the Abu Dhabi ERP system by the end of…
Saudi Sheikh launches $10bn lawsuit against Barclays over banking licence fraud
A wealthy Saudi businessman is seeking $10billion (£6.2billion) in damages from Barclays after claiming the bank ‘hatched a fraudulent’ scheme…
Morgan Stanley appoints Tevfik Aksoy country head for Turkey
Morgan Stanley said it appointed Tevfik Aksoy the country head for Turkey. Tevfik was previously head of Central and…
Islamic banking on the rise
The international financial crisis of 2008 constituted a historic chance for the Islamic financial sector to prove its worth and…
Bank of Sharjah reports Dh272m nine-month net profit
Bank of Sharjah on Thursday reported a net profit of Dh272 million for the first nine months of 2014 up…
Middle East investors behind $1bn US project
Middle East investors are among those behind a new $1bn plus mixed-use retail project being developed in Los Angeles, which…