Bahrain SWF Mumtalakat names new CEO
Bahrain's $9 billion sovereign wealth fund Mumtalakat appointed Mahmood Hashem al-Kooheji as its new chief executive on Wednesday, replacing Talal…
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HSBC Middle East to slash jobs
Staff at HSBC Middle East have received an email today announcing immediate company plans to implement redundancies, Arabian Business has…
Bloomberg Brief Launches Islamic Finance Weekly
Bloomberg Brief launches its Islamic Finance weekly newsletter, which gives global investors and financial advisors critical data and analytics to…
CBQ eyes bond market return
Commercial Bank of Qatar has picked banks to arrange investor meetings in Asia, the Middle East and Europe ahead of…
Qatar banks delay launch of brokerages
Several Qatari banks may delay or even halt plans to offer brokerage services following a recent directive from Qatar's central…
SNR Denton Abu Dhabi partner takes charge of Kuwait office
SNR Denton has announced the appointment of Stuart Cavet as Managing Partner of its Kuwait office. Stuart joined the firm…
Oman-based Bank Nizwa to install Path Solutions’ iMAL
Bank Nizwa, with headquarters in the Sultanate of Oman announced today that it has selected Path Solutions’ iMAL for its…
Former Hapoalim CEO takes responsibility for overpriced Turkish bank deal in 2005
Former Bank Hapoalim CEO Zvi Ziv yesterday took responsibility for the decision to buy Turkish financial institution BankPozitif, a transaction…
Risks are increasing in quantity and severity – PwC
Businesses are facing more risks than ever before and the consequences are quickly becoming apparent, according to the 2012 PwC…
Ex-Deutsche banker tipped for top Bahrain SWF job
Salman al-Khalifa, a former top regional banker at Deutsche Bank in the Middle East, is the prime contender to run…
BankMuscat to prop up profits of overseas entities
BankMuscat is trying its best to make its international entities into profit centres. “We have a good presence in the…
Temasek hires Rothschild's top M.East energy banker
Singapore state investor Temasek Holdings has hired Rothschild's top Middle East energy banker, Khodor Mattar, as it aims to beef…