Middle Eastern Billionaires and Family Ties
The recently released Forbes Insights study Global Wealth and Family Ties: A Worldwide Study of How Fortunes Are Founded, Managed…
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Emirates NBD AM offers improved liquidity terms on Fixed Income Fund range
Emirates NBD Asset Management has announced that its Emirates MENA Fixed Income Fund had moved to daily trading from March…
Jordan Dubai Islamic Bank Selects SunGard’s Ambit
Jordan Dubai Islamic Bank has selected SunGard’s Ambit for credit assessment and credit portfolio monitoring to help lay the foundation…
Deutsche Bank honoured "Supporter of the Art" by HH Sheikh Mohammed bin Rashid al Maktoum Patrons of the Arts awards
Deutsche Bank announced on Monday that HH Sheikh Mohammed bin Rashid al Maktoum Patrons of the Arts Awards has honoured…
Saudi's SABB Q1 profit up 13.7 pct, beats forecasts
Saudi lender SABB posted a 13.7 percent rise in first-quarter net profit, the affiliate of HSBC said on Tuesday, beating…
Legatum buys DIFC Precinct Building 6
The Legatum Group, a Dubai-based private investment firm, has acquired Precinct Building 6, which is at core of the Dubai…
James Caan on the rise of Islamic finance
James Caan made his millions in the recruitment and headhunting business and his claim to fame was his starring role…
The Science and Art of Investing Can Harm Your Returns
In a recent New York Times column, Paul Sullivan commented on a report from Barclays Wealth and Investment Management with…
Shuaa appoints former ABN Amro exec as CEO
Shuaa Capital, the struggling Dubai-based investment bank, on Tuesday named a former ABN Amro banker as its new chief executive,…
Dubai's ENBD seeks approval to merge Islamic units-sources
Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources…
Kuwait shaikh seeks $21.4m in UBS fees
A Kuwaiti shaikh is seeking $21.4 million (Dh78.6 million) in allegedly unpaid fees from Swiss investment bank UBS AG after…
Two Dubai banks approve merger
Two Dubai-based banks have approved a plan to merge into one unit following negotiations over the past two years and…