Deutsche Bank sees end of ‘sukuk premium’
The ‘sukuk premium’ - the additional cost which borrowers must pay to issue an Islamic bond instead of a conventional…
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Top UAE lenders beat Q2 estimates, raise hopes
The three largest lenders in the UAE have posted estimate-beating second-quarter profit as increased net interest and Islamic financing income…
JPMorgan names new Saudi Arabia investment bank head
JPMorgan Chase & Co has appointed Rayan Fayez as the head of its investment banking business in Saudi Arabia, the…
Wealth Management Outsourcing: A Global Market Perspective
In the aftermath of the financial crisis, wealth management firms are facing a number of challenges, including having to lower…
DIFC grew by 7% in 2011
The Dubai International Financial Centre (DIFC), the financial and business hub connecting the region's emerging markets with the developed…
UK to crackdown on tax dodging Gulf-based landlords
The UK is clamping down on Gulf landlords who have bought properties in Britain and have not declared the rental…
National Bank of Fujairah operating profit up 16.7%
National Bank of Fujairah PSC has announced its results for the half year ended 30 June 2012. Highlights:…
HSBC, OIB merger brings banking in Oman to global stage
As the operations and technology systems of two leading banking players, Oman International Bank and HSBC, gradually integrate to become…
Merrill Lynch Wealth Management launches 2012 Global Investing Programme for next generation UHNWI
Merrill Lynch Wealth Management has announced the launch of its annual Global Investing Programme, welcoming 50 next generation ultra…
Abu Dhabi Commercial Bank PJSC reports second quarter 2012 net profit
Abu Dhabi Commercial Bank PJSC reported its financial results for the second quarter of 2012. ADCB reported first…
AhliBank’s net profit soars by 36 pc in H1 2012
Ahlibank SAOG, the recently voted No1 Best Bank and No1 Best Performing Company in the Sultanate has announced its…
Structural risks persist in the UAE banking sector
Banks in the United Arab Emirates are generating decent profits, but there are still significant underlying risks in the…