NBK Capital wins best broker award
NBK Capital, a unit of National Bank of Kuwait (NBK), has won the "Best Broker in Kuwait 2012" award from…
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UAE banks won't be affected by Western lay-off wave: CEO
Whilst an increasing number of European and U.S. banks announce lay-offs in a massive style, banks in the United Arab…
Gulf banks go overseas to satisfy new funding rules
Gulf banks are poised to raise billions of dirhams of fresh funds in an effort to comply with impending funding…
Money market curbs to challenge Islamic banks in Oman
As Oman prepares to introduce Islamic finance, a restriction on the money market instruments which banks can use may curb…
Israeli banks demanding to see U.S. citizens' tax returns
In a move that some tax lawyers are calling a blatant violation of customer privacy, two Israeli banks are requiring…
Money market curbs to challenge Islamic banks in Oman
As Oman prepares to introduce Islamic finance, a restriction on the money market instruments which banks can use may curb…
Bain boosts ME group
Alexander De Mol has been promoted to the global partnership at Bain & Company, the global business consulting firm.…
Bahrain's Arcapita pulls London unit share sale
Bahrain-based investment firm Arcapita has withdrawn a planned London listing of its PointPark Properties (P3) unit, highlighting valuation gaps still…
NBAD wins Fixed Income Fund Manager award
The National Bank of Abu Dhabi, the Number One Bank in the UAE, has been named the Fixed Income Fund…
Burgan Bank reports nine months' profit
Burgan Bank Group continues to deliver strong quarter to quarter performance. In Q3 2012, Burgan Bank Group’s net profit was…
Qatar banks preparing for infrastructure boom
Qatari banks are bulking up to play a role in funding the country’s massive infrastructure expansion. But in a country…
Ithmaar to convert Swiss unit into family office
Ithmaar Bank, a Bahrain-based Islamic retail institution, yesterday announced that it will convert the banking licence of its wholly-owned subsidiary,…