'Bargain' gold spurs buying in Dubai
Physical gold buying saw a significant upsurge last week after prices slumped in the wake of global concerns. “I was…
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Mounting debt costs to haunt Emirates NBD
The cost of covering mounting debt is expected to eat into profits at Emirates NBD for years to come, analysts…
Major UAE bank may take over Amlak next year
Emirates NBD, the UAE's largest bank by assets, could take over Islamic property finance company Amlak next year. This along…
Mahathir urges countries to achieve 50% market share for Islamic banking
Even in retirement he remains the most popular politician to the Muslim "man-and-woman-in-the-street". Now as an elder statesman, Mahathir Mohamed,…
Credit Suisse to Cut Bonuses 40% This Year
Credit Suisse Group will reduce bonuses for its employees by 40 percent this year, Der Sonntag reported, citing people familiar…
Harvard program to improve bank management
For the third year in a row, Harvard Business School is to present the "Managing Strategically, Leading for Results" executive…
World’s richest Arabs see wealth jump 5% in downturn
The world’s 50 richest Arabs have increased their personal wealth by nearly five percent to a combined value of $256.67bn,…
Gulf bank appoints regional private banking head
The National Bank of Abu Dhabi has appointed Ghadeer Abu Hijleh as Head of Private Banking - Abu Dhabi and…
ADIB Named Best Islamic Bank for the Second Consecutive Year
Abu Dhabi Islamic Bank announced today that it had won the Best Islamic Bank and its CEO Tirad Mahmoud had…
Lloyds TSB Middle East appoints new Head of Corporate Banking
Lloyds TSB in the Middle East has announced the appointment of Bobby Liddell as the new Head of its Corporate…
HSBC Saudi Arabia launches Amanah Freestyle Equity Fund
HSBC Saudi Arabia has just launched its new HSBC Amanah Saudi Freestyle Equity Fund. The fund's main objective is to…
Attijariwafa Bank Launches Investment Banking Platform in DIFC
Attijariwafa bank Middle East Limited, the subsidiary of Attijariwafa bank Group, has been granted a Category 4 License to operate…