Zurich appoints Kuwait GM
Zurich has appointed Anas Al-Otaibi as Kuwait general manager. A Kuwaiti National, Al-Otaibi will lead the rollout of Zurich’s general…
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UGB appoints Acting Chief Executive Officer
United Gulf Bank has announced the appointment of Mr. Rabih Soukarieh as the new Acting Chief Executive Officer (ACEO) following…
Tanzania: African Bank Governors Convene in Zanzibar
AS the use of mobile phones grows, financial experts said on Thursday that the mobile phone growth necessitates the introduction…
Financial institutions on the rise in Bahrain
The number of financial institutions registered in Bahrain continued to rise last year, reaching 415 by the end of January…
Dubai’s Takaful Emarat starts equity fund
Takaful Emarat - Insurance P.S.C., a Dubai-based Shariah-compliant life and health insurance company, started a 20 million Saudi riyal ($5.3…
BankMuscat bags four industry accolades
BankMuscat, the flagship financial institution in the Sultanate, won four awards — Best Bank in Oman, for the fourth year…
Barwa Bank Group wins top award
Barwa Bank Group has won the Islamic Finance News’ “Qatar Deal of the Year” award for its acquisition of the…
Allianz Turkey demands banking-like regulation
Turkey should launch strong regulations in the insurance sector as it did in banking after the 2001 financial crisis to…
CBK appoints Nuhad Saliba as CEO
Commercial Bank of Kuwait announced that Nuhad Saliba has joined the bank in the position of “Chief Executive Officer”. Saliba…
Barclays targets corporate banking business
Strong revival of regional economies driven by the trade, tourism, retail and hospitality sectors is expected to drive growth in…
Khaleeji Commercial swings to $1.3m profit
Khaleeji Commercial Bank (KHCB), an Islamic bank based in Bahrain, went firmly back into the black last year with a profit…
Nomura expanding global rates and FX team in the Middle East
Nomura is expanding its global rates and foreign exchange trading business into the Middle East, having recently hired three senior…