Oman's mid-sized banks face more pain as competition bites
Oman’s mid-sized banking as financial institutions can expect more pain in the short term as they grapple with declining margins…
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UAE banking sector to face stringent capital and liquidity rules
The Central Bank of UAE is in the process of reviewing and updating banking sector regulations to align local regulations…
Bank Muscat 'eyeing' Oman brokerage business sale
Bank Muscat is seeking offers from potential buyers for its brokerage operations in the sultanate, according to three people with…
Saudi Hollandi plans hiring in Kingdom as it opens branches
Saudi Hollandi Bank, which is about 40% owned by ABN Amro Holding, said it expects to boost hiring in Saudi…
London properties attract Middle Eastern investors
Chestertons, the international property agency established in 1805, stated that the demand for commercial and residential properties in Central London…
Credit Suisse Says Qatar as Holder Isn’t Why It's Winning Deals
Credit Suisse Group AG, the Swiss investment bank which advised Qatar on some of its most high-profile investments, said it’s…
Premium segment to drive HSBC’s retail and wealth business in the UAE
The UAE is one of the key priority markets of HSBC globally and in the Middle East region in terms…
Saudi launches wealth fund
Saudi Arabia is set to open its first sovereign wealth fund to deal with its burgeoning budget surplus. In the…
Israel's Bank Leumi to pay $289 mln in US tax probe deal
Bank Leumi, Israel's second largest bank, said on Sunday it was close to a deal to pay nearly 1 billion…
QInvest named Euromoney’s Best Investment Bank in Qatar for third year in a row
QInvest has announced that it was named Qatar’s Best Investment Bank at the Euromoney Awards for Excellence 2014. This marked…
Internet-only banking not feasible in Mideast
Digital technology is changing people’s lives, with consumers now increasingly keeping in touch and buying everyday groceries through virtual means.…
HSBC Tablet to deliver wealth solutions
The unique size of its customer base and customer requirements in the UAE have prompted HSBC to launch an all-new…