Bahrain Eskan Bank GM resigns
Bahrain's housing bank Eskan said its general manager Sabah Khalil Almoayyed has stepped down and deputy GM and executive director…
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KPMG Appoints Specialist Partner to Strengthen Oil and Gas Portfolio
KPMG Lower Gulf has announced the appointment of Hilda Mulock Houwer in its Markets Group as an Oil & Gas…
HSBC Trims 2013, 2014 Gold Forecasts, Retains Bullish View
HSBC Monday trimmed its outlook on gold prices for this year and next, but reiterated its bullish view on the…
Dubai Bank chairman to answer to fraud claims
Dubai Bank chairman Hassan Zubeidi has been granted the chance to answer to allegations of fraud levelled against him by…
London Stock Exchange eyes IPOs from Gulf in 2013
The London Stock Exchange is expecting to see “a couple” of initial public offerings (IPOs) on the bourse from companies…
Moody's maintains negative outlook for Bahrain's banking sector
Moody's Investors Service announced that it has maintained its negative outlook for Bahrain's banking system, due to challenging operating environment…
Standard Chartered planning expansion from Dubai
Standard Chartered is planning a further regional expansion as the bank seeks to build on growing trade between emerging markets.…
Qatar bank to buy majority stake in Turkey’s Alternatifbank
Commercial Bank of Qatar has agreed to buy a 70.8 per cent stake in Turkish lender Alternatifbank, underscoring Gulf Arab lenders’…
Bank Nizwa gets relaxation in overseas investment ceiling
Bank Nizwa, the Sultanate's first Islamic bank, has got a sizable relaxation in deploying funds in overseas markets for the…
Templeton's Mobius to manage Islamic Asia-focused fund
Franklin Templeton Investments is pleased to announce the introduction of three Shariah-compliant, Luxembourg-domiciled SICAV funds, aimed at investors seeking investments…
Standard Chartered: Best Private Bank for Super Affluent Clients in the UAE
Standard Chartered has been voted the 'Best Private Bank for Super Affluent Clients in the UAE' for 2013 by world-renowned…
NBAD retains 'MidEast's safest bank' title
The National Bank of Abu Dhabi (NBAD) has retained its title as the safest bank in the Middle East,…