Dubai Billionaire Staying Away From European Banks
The chairman of one of Dubai’s best-known family-owned conglomerates is not considering investing in European banks again following a disappointing…
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NBAD Appoints Miller as Head of IR
National Bank of Abu Dhabi (NBAD) has announced the appointment of Michael Miller as head of investor relations. Miller joins…
Leading Swiss private bank launches new fund
Leading Swiss private bank, Falcon Private Bank, has announced the launch of Falcon Gold Equity UCITS Fund in Luxembourg which…
HSBC Bank Oman logs profit
HSBC Bank Oman (HSBC Bank Oman) announced that at the Board of Directors' meeting, held yesterday, the Board approved HSBC…
Emaar Q2 profit soars 146%
The second quarter profit beats the forecasts of three analysts polled by Reuters, who on average had expected Emaar would…
Barwa Bank announces its financial results for the period ended June 30, 2012
Barwa Bank has announced its financial results for the period ended June 30, 2012, results that demonstrate continuing growth, and…
Swiss private bank moves head ME private banking research division to Geneva
Credit Suisse has moved the head of its Middle East private banking equity research division to Geneva, two sources told…
Financial brain drain for Bahrain
Bahrain's reputation as a banking hub, built on decades of solid governance, hangs in the balance. The demonstrations last year…
HSBC cashes in after its Omani acquisition
HSBC is cashing in on its recent acquisition of Oman International Bank. The recently merged HSBC Bank Oman reported a…
Need to build up confidence to promote Islamic finance globally
Although Malaysia has one of the most established and regulated Islamic finance frameworks, local financial institutions need to build up…
Jordan's Arab Bank Group profits rise
Arab Bank Group achieved net profit after tax and provisions of $360.3m for the first half of the year…
World’s Richest Gain $15.2 Billion as Global Markets Rise
The richest people on the planet added $15.2 billion to their collective net worth this week as global markets rose…