Wealth Manager Study Says Deals Surged as Prices Dropped
Mergers and acquisitions among wealth managers rose in 2013, with almost $760 billion of client assets traded, according to Scorpio…
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UAE's Bank of Sharjah sees 25-30 pct profit growth in 2013, 2014
Bank of Sharjah expects net profit growth of around 25-30 percent in both 2013 and 2014, aided by an improved…
After a long, long delay: NBK to finance Kuwait's first public private partnership ever!
NBK is the only Kuwaiti [and Arab] bank in the consortium and the largest contributor to the financing among commercial…
Islamic banking more viable, sustainable model of financing
Islamic banking could be the more economically viable and sustainable model of financing going forward, Falak Consulting’s Research Department said…
JP Morgan promotes two to senior roles in Saudi Arabia
JP Morgan Chase has promoted two bankers to senior roles in Saudi Arabia the bank said in a statement on…
Doha Bank chairman wins ABLF award for ‘powerful leadership’
Doha Bank chairman Sheikh Fahad bin Mohamed bin Jabor al-Thani was honoured with “ABLF Award” at a ceremony held in…
Combined wealth of world’s 50 richest Arabs rises to $266.21bn
The world’s 50 richest Arabs saw their combined wealth rise by just 3.46 percent to $266.21bn, according to the 2013…
Barwa Bank recognised as "Best Bank" at Islamic Business & Finance Awards 2013
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, has been named as "Best Bank" and "Best Premium…
Commercial Bank of Dubai receives 'Islamic Bank of the Year' award
Attijari Al Islami, Commercial Bank of Dubai 's Islamic banking unit, has received the 'Islamic Bank of the Year Award…
Emirates NBD Asset Management Named ’UAE Asset Manager Of The Year’ For Second Year In Succession
Emirates NBD Asset Management has announced that it received the award for ‘UAE Asset Manager of the Year’ at the…
Egyptian financial regulator to retry sukuk rules in early 2014
Egypt's financial regulator will submit new rules to the government in January to facilitate issuance of sukuk, or Islamic bonds,…
Clearstream's assets under custody rise in Turkey
Clearstream has registered a 40% rise in assets under custody in Turkey over the past twelve months. The international…