EFG Hermes Securities Brokerage Achieves Major Milestones
Despite unprecedented challenges market-wide in the past eighteen months, EFG Hermes Securities Brokerage has cemented its position as the broker…
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Kuwaiti investment firm targets Carlyle in $25m claim
A Kuwaiti investment company wants a US court to allow it to pursue legal action against Carlyle Group in the…
Complaint filed with Israeli Banking Regulation against Bank HaPoalim
Joseph Zernik, PhD, of Human Rights Alert (NGO) has filed a complaint with Israeli banking regulation against Bank Hapoalim. The…
Emirates NBD wins Asia's Best Brand award for second year in succession
Emirates NBD has announced that it had won the award for 'Asia's Best Brand,' for the second year in succession,…
Strong demand for Islamic banking products projected
Demand for Islamic banking and insurance products is expected to be fairly robust when Islamic banks, Islamic windows and Takaful…
Banking Studies Institute issues its report on GCC banks
Kuwait's Banking Studies Institute issued its 24th report on Gulf Cooperation Council (GCC) banks with comprehensive data on performance, growth…
Sharjah Islamic Bank honors winners of Seven Star award
Sharjah Islamic Bank honors winners of Seven Star award The award, the first of its kind in the UAE banking…
Bahrain on growth path
Bahrain's economy is seeing a revival with gross domestic product (GDP) posting strong growth this year, according to an…
Bank Audi to Start Turkish Operations by October
Lebanon’s Bank Audi Sal-Audi Saradar Group, which will operate in Turkey under the name Odea Bank, will open its first…
Standard Chartered appoints new group head of wholesale banking geographies
Standard Chartered has appointed former Deutsche Bank head of global corporate banking coverage Alex Manson as its group head…
GCC’s Biggest Banks By Assets
The top 50 banks' consolidated assets grew by a higher 9.1 per cent in 2011 to $1.2 trillion, compared to…
Dubai property valuations drop 26% in H1
The total value of properties requested for valuation in Dubai during the first half of 2012 fell by over a…