KPMG launches Global Centre of Excellence for Family Business
KPMG has announced a new collaboration with Young Presidents’ Organization that provides all members of YPO’s Global Family Business Network…
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Abu Dhabi’s NBAD eyes Turkey for corporate banking operations
UAE-based National Bank of Abu Dhabi is considering starting its trade finance and corporate banking operations in Turkey, in a…
FGB recognised as the “Best Local Bank in the UAE”
First Gulf Bank was awarded for the second time in a row as the “Best Local Bank in the United…
RAKBANK rports 13% growth in first quarter profit
RAKBANK reported a net profit of Dh367.98 million for the first quarter of 2013, reflecting a 13 per cent growth…
CBK Posts Q1 Operating Profit Before Provisions Of KD 24.7m
Commercial Bank of Kuwait has announced an operating profit before provisions for the first quarter of KD 24.7 million (1Q2012:…
National Bank of Abu Dhabi Q1 net profit up 36 pct
Higher income from investments and fees helped National Bank of Abu Dhabi , the United Arab Emirates' largest lender by…
Turkish government to take action against high banking fees
The Turkish government has adopted a new approach to banking fees and commissions, Customs and Trade Minister Hayati Yazıcı said…
DFSA announces appointment of board member
Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre,…
Neuberger Berman appoints Vice President of MENA Distribution
Neuberger Berman has announced the appointment of Fahmi Abdulhamid as Vice President of MENA Distribution. Mr. Abdulhamid joins the firm…
Dubai Real Estate Recovery Continues with 16 Consecutive Months of Steady Price Rises
Dubai real estate prices and rents have seen the 16th consecutive monthly increase in March, continuing the steady recovery in…
UK-based Arabs top $17.5 billion in combined wealth
The combined wealth of the ten richest Arabs in the UK now exceeds $17.5 billion, according to an annual ranking…
Mumtalakat Wins Sovereign Wealth Fund Award
Bahrain Mumtalakat Holding Company was presented with the first Foreign Sovereign Wealth Fund award by RAM Rating Services Berhad during…