Al Rajhi Capital takes top honours at Global Investor/ISF Magazine Awards
Al Rajhi Capital has announced two prestigious awards from Global Investor Magazine/ISF, a Euromoney publication, at its Middle East Awards…
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Barclays to Cut Europe Equity Jobs in Cost Reduction Plan
Barclays is cutting just under 10 percent of staff in its equities division in Europe, Middle East and Africa…
CBD's third quarter net profit increased by 4.5%
CBD has reported operating profit of Dhs982m for the first nine months of 2012, an increase of 0.8% compared…
Qatar among Mideast ‘powerful trio’ for FDI
Despite the events of the Arab Spring, in 2011 the number of FDI projects in the Middle East rose…
Rare Qatar-Dubai bank notes fetch $290,000
A series of rare Qatar and Dubai banknotes have sold for GBP£180,000 (US$290,000), five times higher than their pre-sale estimate,…
United Arab Bank announces record profits
UAB has announced a record net profit of Dhs298m for the nine months ended 30 September 2012, an increase…
Jordan Islamic Bank reports increased profits
the financial statements of Jordan Islamic Bank (JIB) indicated a continuation in profits' growth till 30/9/2012. The Bank's net profits…
Neuberger Berman picks Middle East expert
Neuberger Berman has appointed Khalid Murgian as managing director, head of MENA. In this role, Murgian will be based in…
Audi Bank nine-month net profit up 14%
The Lebanese economy has reported a sluggish performance in the first nine months of 2012 though it continued to avoid…
Gulf Islamic banks ready to step in as HSBC pulls back
Four days after HSBC Holdings said it would shrink its global Islamic banking operations, National Bank of Abu Dhabi revealed…
Nomura appoints Head of Origination and Sales for Turkey
Nomura has announced that it has hired Kaan Basaran as Head of Origination and Sales, Turkey. Based in…
Fear of loss driving investment decisions – RESEARCH
According to the latest survey results released by Natixis Global Asset Management, UAE investors have little appetite for increasing risk…