UPDATE 1-Sager succeeds Dabdoub as CEO of Kuwaiti bank NBK
National Bank of Kuwait said on Sunday it had appointed long-serving banker Isam al-Sager as group chief executive, succeeding Ibrahim…
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Bahrain’s Al Baraka Islamic bank sees new scope to expand
Bahrain-based Islamic lender Al Baraka expects at least 15 percent growth in net profit this year as its business recovers…
QIA fund not restricted to any specific country: CEO
Qatar Investment Authority’s (QIA) global fund is open to partnerships across the world and not limited or restricted to a…
Swiss based wealth manager expands foothold into gulf market
La Cloche Wealth Management, part of the La Cloche Group, has established its position as a key regional player with…
China’s ICBC Weighs Acquisitions in Middle East to Boost Profit
Industrial & Commercial Bank of China Ltd, the world’s most profitable lender, said it will consider acquisitions in the Middle…
Barclays: 2014 continues to be another positive year for risk assets
Barclays published its monthly Wealth and Investment Management flagship research report titled "Compass", which focuses on providing investment advice and…
SHUAA Reports Full Year Profit in 2013
* FY2013 revenues up 44% to AED198m from AED137m in FY2012 * FY2013 net profit AED2.8m, up AED62m from a…
Middle East, Africa key markets for Standard Chartered
Standard Chartered, which prides itself to be referred as an Emerging Market bank, has been a huge beneficiary of economic…
Standard Chartered executive ready to tackle new challenges head on
Peter Sands faces task of keeping up the growth momentum amid slowdown in some of lender’s key markets. Peter…
Deloitte: Are businesses and Governments meeting Generation Y's demands and expectations?
Big demands and high expectations summarize the results of this year's Deloitte third annual Millennial Survey just released. Across…
SHUAA Capital boosts Board
SHUAA Capital today appointed Mohammad Kamran Wajid to the Company's Board of Directors as a Non-Executive Director. Mr. Kamran…
World's Strongest Bank Brings Two New Bancassurance Products to the Banking Industry
QNB, The World's Strongest Bank, has introduced some innovative top-of-the-line insurance products to help customers protect themselves and their loved…