EFG Hermes Hires Former Batelco Exec as CFO
EFG Hermes, one of the largest investment banks in the Middle East, said on Thursday it had appointed Khalid Ellaicy,…
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Dubai Investments expects $217m profit in 2013
Dubai investments expects to make a profit of around AED800m ($217.8 million) in 2013, a company statement said on Thursday,…
Islamic finance sector 'set for rapid growth'
The year 2014 will be a promising one for Islamic finance sector, says an industry expert. It will grow…
The top three financial New Year resolutions for HNW individuals
In an international survey carried out by deVere Group in the last quarter of 2013, 38 per cent of those…
Dubai to vie with London for Islamic finance hub
Dubai is in a position to vie with London to become the world’s Islamic finance hub in 2014 following an…
Raising Bank Capital Seen Sustaining Qatar Loan Growth
With rate of erosion stopping or getting reversed, Qatar’s banks are set to post rising net-interest income growth figures in…
DIB wins three Islamic Business & Finance Awards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been named the 'Best Corporate Bank' at the…
ADX in Search to Award Market Making Licence
The Abu Dhabi stock exchange is in talks with banks and financial institutions to award a licence for market making.…
Banking sector: A New Era of Self Regulation
The banking sector regulation in the UAE crossed a number of landmarks this year with new central bank initiatives and…
Shuaa CEO Macdonald To Leave
Shuaa Capital, the Dubai-based investment bank, said its chief executive officer Colin Macdonald will be leaving the group upon expiry…
IIFM Reviews Key Islamic Finance Initiatives
Bahrain-based International Islamic Financial Market continues to spearhead initiatives for Islamic capital and money market standardisation, board members were told…
Middle East funds most bullish about Egypt equities, shows survey
lmost half of a sample of Middle East-based fund managers expect to raise equity allocations to Egypt in the next…