Study: UAE financial advisory business is in full growth mode
The UAE financial adviser study, conducted by the Durable Portfolio Construction Research Centre of Natixis Global Asset Management concludes that…
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Sukuk Market Grows in Strength But Struggles with Complexity
Structural complexity and extensive legal documentation inhibit international investors As global awareness of Islamic finance is gaining momentum, the…
Bahrain in Early Stages of Bank Merger Wave: Central Bank
Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the…
The European Bank of Reconstruction and Development opens permanent office in Jordan
The London-based bank can help increase Jordanian businesses’ use of renewable energy. Describing the Kingdom as a role model…
Jordan's Arab Bank 9 month net profit up 15.4 pct
Arab Bank Group continued its solid financial performance during 2013, posting a pre-tax net profit of $739.1m for the period…
HSBC Supports Local SMEs with EGP 300m Fund
HSBC, one of the largest multinational banks operating in Egypt, launched a EGP 300m International Growth Fund in Egypt on…
First Gulf Bank acquires full ownership of Aseel Islamic Finance
First Gulf Bank has increased its stakes in Aseel Islamic Finance, through a purchase agreement which has raised the bank's…
Al Omaniya posts RO 4m profit for Q3
Al Omaniya Financial Services SAOG, Oman’s largest non-banking financial institution announced their approved un-audited third quarter results for the period…
Dubai property: Bubble fears played down by Goldman Sachs’ renewed interest
Goldman Sachs’ renewed interest in the UAE’s equity markets and Dubai property stocks is creating a buzz. On Monday…
Egypt’s Business Directory Names the Top Five Local Banks
Egypt’s Business Directory evaluated and compared the performance of banks nationwide, and named the top five. From a total of…
Boris backs Middle East investment push
Boris Johnson, the Mayor of London, has thrown his weight behind a push for inward investment from the Middle East…
State Street appoints head of consultant relations for EMEA
The asset management arm of Boston-based State Street Corp appointed Helen Copinger-Symes managing director, head of consultant relations for Europe,…