Global Wealth to Reach $369 Trillion, Credit Suisse Says
Credit Suisse's 2014 Global Wealth Report reveals a rise of 20.1 trillion US dollars in world wealth in the past…
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ANB Invest names new CEO
The board of directors of ANB Invest endorsed the appointment of Bassam Al-Mubarak to the position of CEO with effect…
Commercial Bank Of Kuwait To Sell 120 Million Dinar Bond
Commercial Bank of Kuwait has announced plans for a 120 million dinar ($416 million) bond sale that would boost its…
Islamic Insurance Leaders Tackle Scale and Profitability Challenges at the 3rd Annual Middle East Takaful Forum
The 3rd Annual Middle East Takaful Forum (METF 2014) brought together more than 200 key regulators and industry decision-makers for…
KFH: "Best Islamic Bank in Kuwait"
Kuwait Finance House KFH has won "Best Islamic Bank in Kuwait" from Asiamoney, one of global Euromoney group editions, for…
Turkey has potential but needs reforms for Islamic insurance
Turkey remains a high-potential market for Islamic insurance, but the country needs to implement certain reforms and regulations before it…
Ashmore Group plc's Middle East expansion to make Saudi Arabia key market
Ashmore Group plc announced today the opening of a local asset management office in Saudi Arabia. Ashmore Group plc…
UAE government approves higher federal spending for 2015
The United Arab Emirates approved a draft federal budget of 49.1 billion dirhams ($13.4 billion) for 2015, almost half of…
Bank Sohar awarded Business Excellence Award at BIZZ Awards 2014
Receiving yet another laurel for excellence, Bank Sohar received the ‘Business Excellence Award’ recognition respectively from the Texas based, World…
Abu Dhabi Financial Group appoints new head
UAE-based Integrated Alternative Finance, a subsidiary of Abu Dhabi Financial Group, today announced the appointment of Fawad Tariq Khan as…
SHUAA Capital reports AED 26.2 million net profit in Q3 2014
The net profit attributable to shareholders for the third quarter was up six-fold and stood at AED 26.2 million compared…
PineBridge Investments Middle East makes senior appointments
PineBridge Investments Middle East B.S.C. (c), the regional arm of the leading global multi-asset-class investment manager, has appointed Ms. Sabah…