Moody's says Egypt banking sector outlook still negative
The outlook for Egypt's banking system is negative because of political instability and banks' increasing exposure to the indebted government,…
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Saudi economy set to grow strongly
Dun & Bradstreet South Asia Middle East Ltd. (D&B) in association with the National Commercial Bank released the D&B Business…
Gulf Finance House posts $6.3m profit
Gulf Finance House , the Bahrain-based Islamic investment bank, today reported a net profit of $6.3 million for 2013, compared…
Emirates NBD Recognised In Power 100 Social Media Rankings Compiled By The Financial Brand
Emirates NBD, a leading bank in the region, has been recognised as one of the top 100 banks that is…
Global law firm makes two senior appointments in the Middle East
• Ben Bruton appointed as Head of the UAE practice • Nayiri Boghossian appointed as Head of Litigation and Alternative…
Gulf Ties Could Aid Islamic Finance In Italy
Bankers and academics in Italy are stepping up efforts to develop Islamic finance in the country, a campaign which could…
NCB wins Euromoney award for ‘Best Private Banking’ in Saudi Arabia
The National Commercial Bank (NCB) won the award of “Best Private Bank for High Net Worth II Customers in Saudi…
Axa deal to buy stake in Abu Dhabi insurer Green Crescent confirmed
It has been confirmed that Axa and its Middle East partner the Kanoo Group have agreed a deal to buy…
Advent Software Wins Two 2014 MENA Fund Manager Fund Services Awards
Advent Software has announced that it has been selected for the second straight year as the "Best Fund Accounting and…
Emirates Investment Bank appoints several senior roles
Emirates Investment Bank has announced a number of senior appointments. As Chief Finance Officer, Gaurav Agarwal will be responsible…
Qatar's Al Khaliji lifts foreign ownership cap to 49 pct ahead of MSCI
Qatar's Al Khaliji Commercial Bank said on Monday its shareholders had approved increasing the limit on the amount of stock…
No plans for UAE income tax, minister confirms
The UAE’s Ministry of Finance has ruled out any plans to impose income taxes on individuals in the Gulf state,…