Bank Audi records modest 3.7 percent growth
The Lebanese economy went through slowdown in 2011 but seems to have avoided a recessionary environment. According to IMF, real…
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Social Media in Wealth Management: The Evolving Role of Social Tools for Superior Customer Experience
Although the adoption of social media among wealth management firms is at early stages, financial services firms have recognised its…
Ajman Bank appoints acting CEO
Ajman Bank, a leading Islamic commercial bank, has appointed Mohamed Amiri as acting CEO. He replaces Mubashar Khokhar, the previous…
Birla Sun Said to Hire Abu Dhabi Sovereign Wealth Fund’s Vora
Birla Sun Life Asset Management Co., the Indian venture of Canada’s third-largest insurer, has hired Mihir Vora, head of South…
Egypt preparing to issue Islamic bond – source
Egypt, which has been forced to rely on local banks for funds in the wake of last year's popular revolt,…
Qatar Islamic Bank Q4 earnings slip 33 pct, miss views
Qatar Islamic Bank posted a 32.6 percent dip in fourth-quarter net profit on Wednesday, missing analysts' forecasts. QIB made a…
Middle East fund to be listed on AIM
Abu Dhabi Capital Management (ADCM) has announced that it is to list an investment fund focused on the Middle East…
Barclays Middle East head says Dubai chequebook still open
Barclays Plc (BARC.L) is willing to extend financing to the debt-laden Dubai government if required and expects the emirate to…
Gloom Lifting Over Global Growth Prospects – study
Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for risk,…
Big Four firm regains leadership position in 2011
Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG…
Being international isn't sexy anymore for Citi
Citigroup has a world of problems. The bank is proud of its global reach — 1,400 branches in 46 countries.…
The Dow Jones Credit Suisse Hedge Fund Index Down 0.22% in December
The following funds are no longer reporting to the Dow Jones Credit Suisse Hedge Fund Index: CoreVest Partners LP, AM…