Barclays UAE freezes retail bank accounts
Barclays UAE has started closing the retail customers’ accounts and is expected to freeze approximately 1,500 personal and business accounts…
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Bank of Beirut to implement Dion's FATCA compliance solution
Bank of Beirut has announced that it will be deploying Dion Global Solutions’ FATCA TRAC application to assist with its…
Global fund firms fret over UAE fee structure
International funds selling investments in the UAE plan to lobby financial regulators to ease new product registration fees which they…
Hoveyda to Join UBS in Senior Coverage Role
Amir Hoveyda is joining UBS as Vice Chairman corporate client solutions Europe Middle East Africa in January, reporting to William…
Private Banking Special: Arnaud Leclercq, Lombard Odier
The past twelve months have seen positive business in the GCC for Geneva-based Lombard Odier, after poaching a number of…
Private Banking Special: Pierre Masclet, Credit Agricole Suisse
The private banking unit of Swiss bank Credit Agricole Suisse has a long history in the Middle East; it even…
Baker & McKenzie acts for Almarai Company on Gulf's first non-bank hybrid Sukuk
This was the first hybrid Sukuk issuance to have originated from the Saudi market and the first hybrid Sukuk to…
Habas bond trustee seeks liquidation
The petition to the court was made after the UK's Duet Asset Management withdrew from the debt settlement reached with…
Wealth-X Reveals Middle East's Wealthiest Billionaires
The wealthiest man in the Middle East is Saudi prince and billionaire investor Alwaleed bin Talal with an estimated personal…
ADIB expands Gold Centre network to serve banking needs of affluent clients
Abu Dhabi Islamic Bank has opened its eighth "Gold Centre", expanding a network that provides specialised banking services to its…
Enormous opportunities in Qatar asset management: QFC Authority
With the volume of Assets under Management in the Mena region multiplying over the past few years, the role of…
UAE bourses merger likely to be announced in December
The merger of UAE’s bourses seems to be have been agreed to by the two stock exchanges and is now…