UAE is central to HSBC’s global SME strategy
Global banking giant HSBC sees the UAE as central to its small and medium enterprises (SME) strategy following a strategic…
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Private Banking Special 2014: State Of The Wealth
Six years after the near meltdown be fierce when it comes to generating “With research from BCG showing that of…
New GCEO for Al Ghurair Investment
AGI Chairman Abdul Aziz Al Ghurair commented, “We welcome Adil Toubia as Group CEO of Al Ghurair Investment. Adil…
Dubai Financial Regulator Seeks To Wind-Up Local Arm Of Espirito Santo
Dubai’s financial regulator is seeking court approval to wind up the local arm of Portuguese financial group Espirito Santo, the…
National Bank of Kuwait Says Sells Qatar Bank Stake For $538m
National Bank of Kuwait, the largest Kuwaiti bank, announced today that it has agreed to sell its 30% stake in…
Egypt to witness huge growth in electronic payments
The 5th Emerging Markets Payments Conference (EMPC) kicked off on 26 September in Sharm El-Sheikh, gathering key decision makers from banks…
JP Morgan Private Bank Middle East head takes swimsuit and googles everywhere
Jonathan Conner is the head of the Middle East at JP Morgan Private Bank. The 48-year-old American, who began his…
China to expand bank operations in Qatar
China is looking to further expand its banking operations in Qatar. The Industrial and Commercial Bank of China (ICBC), which…
Clifford Chance advises on the Republic of South Africa's inaugural USD500m sukuk issuance
Clifford Chance has advised BNP Paribas, Standard Bank Plc and Kuwait Finance House Investment Co. K.S.S.C. as structuring banks and…
Dubai sovereign wealth fund sees investment in Dangote as its gateway into Africa
The Investment Corporation of Dubai (ICD), the emirate’s public investment arm, is using Nigerian cement tycoon Aliko Dangote as “a…
Allen & Overy advises on groundbreaking UAE IPO
Allen & Overy has advised the syndicate of underwriters on the initial public offering of Emaar Malls Group and its…
Bank statements confirm fake invoices money was paid to David Haigh, GFH Capital says
Dubai, statements from the banks confirmed that payments for fake invoices were made to Haigh, GFH Capital said in a…