London asset manager sees increasing demand from wealthy Muslims
London Central Portfolio (LCP) – an asset manager in the UK with around half a billion pounds worth of residential…
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Jurisdictions take each other on in banking war
‘Who are they to tell us, the rest of the world, who we should do business with?’ This question might…
The Islamic Development Bank Group Selects Misys
The Islamic Development Bank Group has signed a service agreement with Misys to enhance the Treasury and Investment Departments…
UAE bank sees global gloom
The UAE’s biggest bank is downbeat on the immediate prospects for the global economy – fearing that many of the…
DIFC Courts launches an appeal to all lawyers in the UAE
The DIFC Courts, the English language, common law judicial system based in Dubai, has launched an appeal to all lawyers…
Julius Baer confirms purchase of Merrill Lynch private bank outside US
Julius Baer has agreed, subject to the regulatory and shareholder approvals, to acquire Merrill Lynch’s International Wealth Management business (based…
Al Baraka Banking Group Q2 income up 13 pct
Bahrain-based Islamic lender Al Baraka Banking Group posted a 13-percent rise in quarterly net income, the bank said on Sunday.…
Arqaam Capital secures top brokerage ranking on the Dubai Financial Markets
Arqaam Capital has announced that its brokerage business, Arqaam Securities, has secured the top ranking on the Dubai Financial…
Top Ten Salaries in the Middle East
Despite the turbulence of the Arab Spring and Europe’s debt crisis, salaries in the GCC have remained robust. Wages have…
SHUAA Capital Reports Q2 2012 Financial Results
SHUAA Capital has reported results for the second quarter and first half 2012. Q2 revenues were AED 22.2…
Newly found computer virus in UAE steals bank passwords
A new computer virus steals bank passwords and personal information when users plug in a USB memory stick. The Gauss…
Swiss-Saudi tie-up targets $500 bln Islamic charity market
Veteran Geneva-based banker and Islamic finance expert John Sandwick has teamed up with Saudi adviser Wafi International to target the…