BankMuscat launches Green Sports initiative to develop sporting nation
BankMuscat launched Green Sports, its Corporate Social Responsibility initiative to develop a sporting nation. Shaikh Saad bin Mohammed…
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No windfall from Qatar ban on Islamic windows
A year after Qatar ordered conventional banks to stop offering Islamic financial services, an expected windfall for its Islamic banks…
Islamic Funds and Investments set to expand its global footprint and achieve international growth
More than 350 key players, regulators and thought leaders in the global Islamic funds and investments industry are set…
Managers advised to downshift their focus to ‘core millionaires’
Private banks risk neglecting the needs of people with less than $10m of investable assets, according to McKinsey’s 2011 Global…
Northern Trust builds Global family office team with senior appointment
Northern Trust has named Daniel F. Lindley to the London-based role of Managing Director, Global Family & Private Investment Offices…
Natixis Global AM appoints institutional sales director for MENA
Natixis Global Asset Management has announced the appointment of Anis Ghamgui, who joins the organization as Senior Director of Institutional…
BMO opens representative office in UAE
BMO Financial Group today announced that it has established a representative office in the Middle East. The office will provide…
Barwa Bank co-manages Dubai Sukuk
Barwa Bank acted as Co-Manager on the Government of Dubai's recent $1.25bn Sukuk issuance. This is the first regional $10-year…
SATORP's Sukuk named 2012's 'Deal of the Year in the Middle East'
The Banker magazine has named the SATORP Sukuk deal as 2012's 'Deal of the Year in the Middle East for…
DIFC Investments has likely sold Smartstream – JP Morgan
DIFC Investments (DIFCI), the investment arm of the company running Dubai's financial free zone, has likely sold software company SmartStream…
Jordan Ahli Bank sponsors the Palestine National Orchestra concerts
As part of its efforts to support the professional development of talented young musicians from the region, Jordan Ahli Bank…
Mashreq Bank transforms IT infrastructure
EMC Corporation has announced that Mashreq Bank has consolidated its IT infrastructure onto EMC Symmetrix VMAX in order to manage…