World UHNW Population Loses US$480 Billion
Wealth-X has launched the latest edition of its World Ultra Wealth Report. Several notable insights have emerged from the…
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Abu Dhabi foreign assets worth at least $300bn
Foreign assets held by Abu Dhabi's sovereign wealth fund are estimated to be at least $300bn, making it the second…
Bank Muscat named best retail banker of year in Asia
Bank Muscat has won the Retail Bank of the Year Award by Asian Banking and Finance. The award ceremony held…
QBG-Geojit to start operation this month
A joint venture brokerage firm promoted by Geojit BNP Paribas Financial Services, Qurum Business Group (QBG) and National Securities, will…
Kuwait International Bank's real estate appraisal division further expands it record of achievements
Kuwait International Bank 'KIB' reported that the Real Estate Division further expanded its record of achievements in the real estate…
EFG Hermes shareholders ratify strategic alliance with QInvest
EFG Hermes shareholders ratify strategic alliance with QInvest Attending shareholders represented 54.8% of the firm's equity and included…
Bahrain harnesses financial leadership to boost social enterprise
This week marks the launch of Social Business Week 2012, an event organized by the Family Bank, the Middle…
Jordan lawmakers clear way for sovereign sukuk
A long-awaited law allowing Jordan to issue sukuk has been cleared by both houses of its parliament, paving the…
PineBridge Appoints ME COO
PineBridge Investments Middle East has announced the appointment of Arun Kumar as Chief Operating Officer and Janick Fierens as Managing…
Asset Management Growth Stalls as Risks to Profitability Emerge – RESEARCH
The $58 trillion global asset-management industry faces rising headwinds and its growth has stalled, putting the industry's attractive economics at…
Jordan War Talk Hurts Real Estate Sector
Jordan’s once booming real estate sector is struggling under political and economic uncertainty while, citing the crisis in neighboring…
Oil gains on Middle East tensions not yet enough to threaten global growth – Coutts
The heightened risk of Israel acting unilaterally against the threat of Iranian nuclear weapons has driven the oil price…