DIFC Investments repays $1.25 billion Sukuk obligation
DIFC Investments (DIFCI), the investment arm of the Dubai International Financial Centre, confirmed that it had repaid its $1.25…
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Gulf Capital Awarded "Best Private Equity Firm in the Middle East" For the Second Year in a Row
Gulf Capital has been recognised as the "Best Private Equity Firm in the Middle East" for the second year in…
Mashreq receives 'Best Regional Retail Bank Award'
One of UAE's leading financial institutions, Mashreq was awarded the 'Best Regional Retail Bank Award' at the Banker Middle East…
GFH denies stake sale talks
Bahrain-based Gulf Finance House (GFH) has denied media reports that an investment authority owned by a Kuwaiti government entity had…
Citi introduces algorithmic platform in Turkey
Citi has debuted a comprehensive range of algorithmic and direct market access trading products, which help clients’ electronic access to…
Economy: Morocco, wealth from sectors ignored by banks
In Morocco, financing by banks is the tool most widely used by economic operators, with the bank financing rate of…
Which is the world's most expensive city? Cost of living survey 2012
Tokyo is the world’s most expensive city for expatriates, pushing Luanda, Angola, down to second position, according to Mercer’s latest…
Swiss Wealth Management Boutique Wins "Most Progressive Private Bank Switzerland 2012" Award
The Swiss Wealth Management Boutique Falcon Private Bank has been awarded "Most Progressive Private Bank Switzerland 2012" by Global Banking…
Ex-Swiss central bank head to join BlackRock
BlackRock today announced the appointment of Philipp Hildebrand as Vice Chairman of BlackRock, overseeing the Firm’s largest institutional client relationships…
Leading Omani law firm boosts corporate practice to meet market needs
Leading Omani commercial law firm, Al Busaidy Mansoor Jamal, has appointed a new partner to head up its Corporate/Commercial Law…
Downward shift in Abu Dhabi and Dubai cost of living – Research
Falling rental prices is one of the main reasons behind a lower cost of living across the Middle East; helping…
UAE Exchange Qatar opens yet another door of convenience
The remittance brand added a new link to the chain of branches. The seventh branch, opened in Al Khor, strengthened…