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SABB named 'best trade finance bank'
The Saudi British Bank (SABB) has been named the “best trade finance bank” in Saudi Arabia for 2012 by Global…
Islamic banks misleading: clients
Clients dealing with Islamic banks in the UAE are accusing them of cheating and misleading them into investing their money…
Segregation of Qatari Islamic, conventional banking will reduce risk of contagion: IMF
Complete segregation of Islamic and conventional banking in Qatar “should reduce the risk of contagion” from one segment to the…
Qatar's QFCA recruits chairman of UK's Yell
Bob Wigley, the former Merrill Lynch chief and UK ambassador for business, is to promote Qatar to asset management firms…
Former Nakheel CEO awarded $3 mln by DIFC court
Nakheel's former chief executive, who had sued the indebted developer for breach of contract, was awarded $3 million in damages…
Changing Sentiment Toward's The Euro?
I am indebted to Chris Charlton from the foreign exchange specialists, Centa Asset Management in Frankfurt who regularly produces fascinating…
UAE sovereign fund tops global ranking: SWF Institute
The US-based Sovereign Wealth Fund (SWF) Institute has released its latest rankings for state-owned investment funds worldwide, with funds in…
BNP Paribas to Continue With Bahrain Operations, Durand Says
BNP Paribas SA will continue operations in Bahrain, said Jean-Christophe Durand, the Paris- based lender’s head for the Middle East…
SEI Islamic funds' assets under management up in 2011
SEI, announced that assets under management in its Shariah-compliant SEI Islamic Investments Fund Plc increased by more than 25% in…
RMB Private Bank scoops 6 2012 Euro money awards
The 2012 Euromoney Private Banking Survey has awarded RMB Private Bank six awards for private banking services, most prominent of…
Eversheds appoints distinguished Middle East projects expert
International law firm Eversheds has appointed Trowers & Hamlins partner and energy and infrastructure specialist, Tim Armsby as a partner…