Coutts dropped Gulf clients after UK pressure
Coutts, the private banking arm of UK government-backed Royal Bank of Scotland Group (RBS), dropped Gulf customers this year…
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Bank Sarasin-Alpen only private bank recognized by Arabia CSR awards
Bank Sarasin-Alpen (ME) Limited, Dubai was the winner of the Arabia CSR Award 2012 in the small organisation category…
Abu Dhabi Islamic Bank Eyes Sukuk Sale
Abu Dhabi Islamic Bank is planning to boost its capital through the sale of a sharia-compliant debt instrument, in…
Mashreq profits soar 85% in third quarter
Mashreq almost doubled profits in the third quarter as it notched up a year of steadily improving quarterly earnings…
IMF urges GCC states to rein in spending
Most Arab oil exporting countries in the Gulf should plan to reduce growth in government spending to make their…
Doha Bank eyes London share sale to boost capital-sources
Doha Bank, Qatar's fifth-largest bank by market value, is considering selling shares in London as part of a plan to…
Credit Suisse Said to Start Asset-Management Venture With Qatar
Credit Suisse Group AG and a unit of Qatar Investment Authority, the Persian Gulf emirate’s sovereign-wealth fund, plan to start…
Indian duties impose a burden on Dubai’s jewellery trade
Dubai’s gold and jewellery retail could get a timely boost ahead of the Indian festive buying season in November…
A&O and Bakers steer $1bn Turkish bond issue following Istanbul launches
Allen & Overy (A&O) and Baker & McKenzie have won roles advising on a major bond issue as Turkey’s biggest…
Firing on some cylinders – Gary Dugan, Coutts & Co
Financial Markets were mixed last week as investors continue to wait for the US presidential elections on 6th November.…
Middle East private equity firms to sell assets
Private equity firms in the Middle East are preparing to exit a range of investments The region are recovering from…
Saudi Arabia, UAE to remain key insurance markets in MENA
The insurance, reinsurance, Takaful and cooperative markets within the Middle East and North Africa (MENA) continue to offer opportunity for…