Top Swiss bank planning pensions for expats
Falcon Private Bank is developing pension schemes to manage retirement savings for expatriate workers in the UAE. The Swiss bank…
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Indian tycoons help put Dubai on top of billionaire list
An influx of ultra-wealthy business tycoons from India has helped to cement Dubai as the city in the Middle East…
Citigroup looking to enter Turkey’s sukuk market
Citigroup Europe is interested in entering into the sukuk, or Islamic bond, market in Turkey, the group’s Middle East and…
CBFS teams up with BIBF to provide Islamic Banking training
The College of Banking and Financial Studies (CBFS) has announced a strategic collaboration with the Bahrain Institute of Banking and…
National Bank of Fujairah's net profit surges 64.4%
National Bank of Fujairah reported Dh280.9 million net profit for 2011, up 64.4 per cent from Dh170.9 million in 2010.…
NBB sees profits increase by 6.1pc
National Bank of Bahrain (NBB) has announced financial results for the year 2011. The Bank achieved a Net Profit of…
Vinson and Elkins expands its Middle East practice with the addition of project finance partner
The international law firm Vinson & Elkins LLP further expands its Middle East practice with the addition of project finance…
Top law firm advises HSBC Saudi Arabia on high-profile sukuk
Allen and Overy, through its association with leading local law firm Abdulaziz AlGasim Law Firm, has advised HSBC Saudi Arabia…
Kuwait Hires HSBC to Help Privatization of Stock Exchange
Kuwait hired HSBC Holdings Plc to help the privatization of the country’s stock exchange, the third-biggest bourse by market capitalization…
Rakbank 2011 profits jump 20pc
Leading UAE bank Rakbank, also known as the National Bank of Ras Al-Khaimah, has posted a net profit of Dh1.203…
CEOs concerned about economy while upbeat on revenues – PwC
Chief executive officers are more confident about the prospects for their own companies than they are for the world economy…
Morgan Stanley Names 210 Managing Directors, Fewest to Win Rank Since 2008
Morgan Stanley, owner of the world’s largest brokerage, appointed 210 managing directors, the fewest to achieve the company’s highest rank…