Kuwait Finance House Plans to Restructure, Sell Units, KUNA Says
Chief Executive Officer of Kuwait Finance House (KFH) Mohammad Al-Omar unveiled Monday plans to restructure, merge or sell unprofitable affiliates…
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First Capital of Switzerland Investment Bank Promotes Use of DIFC Trust Law
In a fast-changing global environment, practitioners across the financial services spectrum including those in the field of trust and estate…
Business group seeks to boost philanthropy in Israel
20 prominent businesspersons are calling for an expansion of philanthropy in Israel. On their website Committed to Give, they disclose…
Dow Jones Credit Suisse Hedge Fund Index up 1.61% in February
The Dow Jones Credit Suisse Hedge Fund Index finished up 1.61% in February. A new monthly commentary offers insight into…
Bank Sohar plans to upgrade data protection technology
Bank Sohar has announced that it is going in for unified and intelligence solutions for online replication of data centre…
Qatar Islamic Bank achieves PCI DSS security certification
Qatar Islamic Bank, the benchmark Islamic bank in Qatar and one of the leading Islamic banks in the world, announced…
Nasdaq Dubai chief urges market revamp
Jeff Singer, the chief executive of Nasdaq Dubai, has called for a radical revamp of the UAE's stock markets to…
Saudi's NCB Capital will launch four funds this year
Saudi Arabia's NCB Capital, the investment arm of the kingdom's biggest bank by assets, plans to launch four investment funds…
Barclays wins top Islamic finance award
Barclays was awarded the Restructuring Deal of The Year at the Islamic Finance News Awards Ceremony 2012 which took place…
Barclays Targeting Super-Rich in Middle East, Africa, Russia
Barclays Plc (BARC) is targeting millionaires in emerging markets and squeezing more revenue from super-rich clients with at least 50…
EFG Hermes and QInvest Look to Create Strategic Alliance
EFG Hermes Holding S.A.E and QInvest have announced that they have agreed to explore a potential strategic alliance. The aim…
New Kuwait bank chief announced
The Kuwaiti cabinet yesterday appointed Mohammad Al Hashel as a new governor of the central bank to replace the previous…