Three largest advisers in UAE revealed: survey
A total of 3,700 advisers are working in the UAE, which is a far bigger number than previously estimated and…
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Morgan Stanley commodities talks with Qatar hit snag
Morgan Stanley's (MS.N) talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty,…
Sukuk issuance beats conventional bonds in GCC, says Standard and Poor's report
Corporate and infrastructure issuers in the Gulf region may increasingly rely on sukuk, the Islamic equivalent of bonds, as a…
Indian Mutual Funds, PE, wealth managers may face regulatory hurdle in UAE
Indian mutual funds, private equity houses and wealth managers may run into a regulatory hurdle in the United Arab Emirates…
NBE Awards $3.4 Million Contract to Polaris
The National Bank of Ethiopia has signed a 3.4 million US dollar contract with Indian company Polaris Financial Technology…
Global banks jostle to tempt the rich in the Arabian Gulf
The global economic slowdown and the shrinking fortunes of rich clients have shaken the wealth management industry to its core…
Standard Chartered Private Bank to organize Art Auction and Exhibition for HNW Clients
Standard Chartered Private Bank has announced that around 200 of its High Net Worth clients have confirmed to take part…
National Bank of Abu Dhabi to expand Islamic banking business
The National Bank of Abu Dhabi, the second-largest bank in the United Arab Emirates (UAE) by assets, plans to…
Goldman, Morgan Stanley lose top Qatar bankers to local firms
Morgan Stanley and Goldman Sachs Group Inc have lost their two top Qatar executives to local firms, three sources said…
Dubai's Arqaam to buy Libya financial services firm
Following the close of the acquisition, the company will operate under the name Arqaam Capital Libya. Rashad has…
Kuwait- Burgan Bank gets approval to acquire Eurobank Tekfen
Kuwait’s Burgan Bank announced Saturday that it had received the Central Bank of Kuwait’s approval on a share purchase…
KFH Sukuk arm continues to build leadership as leading Sukuk advisor to sovereigns
Liquidity Management House For Investment K.S.C.C 'Liquidity House', the Sukuk arm of Kuwait Finance House K.S.C., continues to build its…