VTB Capital's hiring spree signals global intent
VTB Capital continues its global expansion with a series of hires in its Middle East and Africa investment banking business.…
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CME will boost Dubai oil bourse investment with Oman fund
CME Group Inc., the world’s largest futures exchange owner, and Oman Investment Fund will raise their respective stakes in the…
Israel turns to central bank for SWF strategy
Israel’s planned sovereign wealth fund will be managed by the Bank of Israel, rather than a third party manager as…
CME Group and Oman Investment Fund to increase investments in DME
CME Group, the world's leading and most diverse derivatives marketplace, and Oman Investment Fund, a sovereign wealth fund of the…
Dubai: banks back in town
For Dubai, the Arab spring has been a boon, in finance as much as tourism. Dubai’s financial centre says financial…
Libyan foreign bank rolls out Islamic products as rules change
The Libyan Foreign Bank will offer Shariah-compliant products as the government prepares regulation to make Islamic banking the norm in…
Bahrain AUB net profit up 17pc
Bahrain-based Ahli United Bank (AUB) said it has registered a full year net profit of $310.6 million for 2011, up…
DIFC aims to double in five years
Dubai International Financial Centre, the emirate's investment market hub, has set itself the target of doubling in size over the…
UBS launches Israel wealth management unit
The UBS Wealth Management Investment House unit will offer clients domestic and international investment management in Hebrew. UBS chairman Kasper…
Chastened UBS uses 150th events to polish image
UBS (UBSN.VX) is using its 150th anniversary to try to rebuild an image tarnished by a $2 billion trading scandal…
HSBC To Overhaul Bonuses
I have learned that HSBC is to overhaul the way it pays bonuses to its UK staff in response to…
Swiss Re applies for DIFC licence
Swiss Re has applied for a Dubai licence, Mena Insurance Review can exclusively reveal. This will be a first for…