Ex-UBS Banker Starts Frontier Markets Investment Firm
Albert Momdjian, who led UBS AG’s business with the wealthiest in the Middle East and Africa, has set up a…
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Dubai Tells Global Bankers To Expect Another Boom
The emirate organised its first big investor roadshow since the crisis in London. Dubai told international bankers on Monday…
Group is seeking debt deal
A multi-billion dollar financial dispute that followed the collapse of two Bahraini banks continues to make ripples around the world.…
Abu Dhabi Bank Taps Expats With Barclays Buyout: Islamic Finance
Abu Dhabi Islamic Bank PJSC is seeking to bring a boom in Shariah-compliant lending to an expatriate population that dominates…
UAE’s first NFC sticker solution launched by Mashreq Bank in collaboration with MasterCard
Mashreq Bank recently held a press conference to announce its partnership with MasterCard in launching the first Tap n Go sticker…
KFH Wins Best Islamic Bank In Kuwait Award
Kuwait Finance House won three awards by Islamic Finance News, which are Best Islamic Bank in Kuwait 2013 for third…
Islamic finance set to expand in Arab countries
The new agreement signed by the Jeddah-based Islamic Research & Training Institute and the Alexandria-based Arab Academy for Science and…
Banque Saudi Fransi net profit up 25%
Banque Saudi Fransi achieved a net profit for the first quarter of the year 2014 in the amount of SR856…
Citi Tops Global Investor/ISF 2014 Transition Management Survey
Bank achieves highest average score and highest total score across the Americas, EMEA and Asia/Pacific. Citi was ranked No.…
FGB appoints new head of Consumer Banking Group
First Gulf Bank said on Monday it has appointed Hana Al Rostamani as Head of Consumer Banking Group effective June…
Islamic banking boosts national economy
There has been a hot debate about the prospective role of the Islamic banking in the Sultanate after two years…
Dubai gold trade reached $75 billion in 2013
A hefty $75 billion worth of gold, or about 40% of the world’s physical bullion exchange, was traded through Dubai last…