Ex-Cinven exec joins Abu Dhabi deal team
Abu Dhabi Investment Authority has become the latest large investor to bolster its direct dealmaking team with the hire of…
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Noor Bank's Capital-protected Investment Product Linked to Gold Delivers 16.5% Profit for 18-month Period
An innovative capital-protected investment product linked to gold, launched 18 months ago by leading UAE Islamic bank, Noor Bank ,…
Denmark's largest bank blacklists Israel's Hapoalim over settlement construction
Denmark's largest bank decided to blacklist Bank Hapoalim because of its involvement in the funding of settlement construction. Danske…
Qatar Investment Authority targets Limassol
The Qatar Investment Authority has shown interest into investing in property in the Limassol area, said Christodoulos Angastiniotis, head of…
World's most luxurious superyachts coming to the Gulf
Nineteen superyachts including the largest boat in the history of the Dubai International Boat Show will be on display among…
Dubai’s Mashreq in settlement talks with ING over investment ‘trickery’
Dubai’s Mashreq has agreed to settlement discussions in a lawsuit that it brought against ING Group in a New York…
Arqaam becomes Nasdaq Dubai equities trading member
Arqaam Capital has become an equities trading Member of NASDAQ Dubai, in order to offer its clients exciting new opportunities…
Union National Bank announces profit of AED 1.75 billion, up by 9%
o Operating income for the UNB Group increases by 4% to AED 3,212 million in 2013 o Sustainable growth in…
Emirates NBD wins Banking and Finance Customer Care Excellence Award
Emirates NBD has been awarded the Banking and Finance Customer Care Excellence Award at the 8th annual Middle East Government…
Leading investment manager appoints a new Head of MEA
BNY Mellon, has announced the appointment of Imad Abukhlal as Head of Middle East and Africa of BNY Mellon Investment…
OAB appoints new CEO
In a step to further boost growth and as part of its strategic plan, Oman Arab Bank has announced the…
Al Salam Bank-Bahrain 2013 net profit up 28 per cent
The Shari’ah-compliant bank reported an 8.5 per cent increase in total operating income to BHD 26.087 million. Within that…