DFSA sanctions Credit Europe Bank
The Dubai Financial Services Authority has announced that it has accepted Enforceable Undertakings from Credit Europe Bank (Dubai) Limited…
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Deloitte survey: CFOs playing bigger role in driving sustainability efforts in their organizations
Two thirds of CFOs say they are involved in driving sustainability strategies in their organizations, and more than half…
Deloitte announces revenue results of US$31.3 billion
Deloitte Touche Tohmatsu today announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May…
EBRD launches bank's first investments in 'Arab democracies'
The EBRD has launched its first investments in emerging Arab democracies, in a major step in its response to…
World Bank MD sees Islamic finance asset growing 10%-15% annually
The size of global Islamic finance assets is expected to grow between 10% and 15% annually over the next three…
DIFC regulator accuses Arqaam, Ernst & Young of accounting violations
The regulator of Dubai’s international financial centre is accusing Ernst & Young and the Dubai-based investment bank Arqaam Capital…
Investment activity to increase in MENA private equity market in next 12 months – RESEARCH
The fifth Deloitte Private Equity Confidence Survey has just been issued, gauging the views of the regional private equity community,…
Bank Alkhair appoints new chief executive
Bank Alkhair has announced the appointment of Mr. Khalil Nooruddin, a seasoned banker with over 35 years of experience,…
Oman soon to regulate Islamic banking sector
The much-awaited regulation for Islamic banks and window operations of conventional banks will be announced through a Royal Decree at…
Coutts Hiring Private Bankers to Boost Mideast Business
Coutts, the wealth management unit of Royal Bank of Scotland Group Plc, hired four private bankers in the Middle East…
CVC Capital to sell 10% stake to 3 sovereign wealth funds
CVC Capital Partners agreed to sell a 10% stake in itself to three sovereign wealth funds to finance investments and…
"Global Wealth Report" – RESEARCH
Today, Allianz unveiled the third edition of its "Global Wealth Report", which puts the asset and debt situation of private…