Multi-family office opens MENA office in Dubai
The Stonehage Group, the only holistic multi-family office for ultra-high-net-worth families, announced the opening of its MENA representative office in…
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Ahli United Bank wins top award for quality
Ahli United Bank has been awarded the Elite Quality Recognition Award 2012 by JPMorgan Chase Bank for its outstanding…
Bahrain financial sector safe from cyber attacks
Bahrain's matured financial services sector remains better guarded against cyber threats than its neighbours, who have come under attack,…
Gulf start-ups surge as venture capital floods in
Venture capital is flooding into the Middle East as a host of new funds set up shop, promising new…
Western bankers chase good life
Andrew Rossiter decided it was time to leave London after a surging tide of regulation, sovereign debt turmoil and banking…
Opportunity springs from financial crisis
The wave of banking and capital market reforms introduced following the financial crisis is creating fundamental changes in the…
Qatar bank acquires two London properties
Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square…
UAE's Essdar Capital in management buy-out deal
Essdar Capital Ltd, an advisory and investment firm backed by Abu Dhabi royals, said its management bought out its…
Record Islamic finance deal agreed in in Turkey
Al Baraka Turk Participation Bank, the Turkish subsidiary of Bahrain-based Al Baraka Banking Group, has concluded a record Islamic…
Prince Alwaleed’s fortune soars by $2.2bn
Saudi billionaire Prince Alwaleed bin Talal saw his fortune soar US$2.2bn last week after his company, Kingdom Holding, saw shares…
Islamic banking regulation expected at any time: CBO
The much-awaited regulation for Islamic banks and window operations of conventional banks will be announced through a Royal Decree…
Private banks set to benefit from Qatar wealth management
Wealth transfer to the next generation provides private banks with opportunities to “deepen relationships” with their clients and “fulfil…