Gulf banks to expand business segments
The banking industry in the Gulf Cooperation Council (GCC) expects to face a whole new layer of activity that is…
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Saudi banks measure up to Basel III standards
The Saudi banking system will not face any problem in enforcing Basel III regulatory developments and compliance requirements because the…
Western debt crisis spurs growth of Islamic Finance
Chicago native Mariam Khan never considered Islamic banking until her husband moved the family to Dubai in 2007. But the…
Dubai's Rasmala hires new investment banking head
Rasmala Investment Bank has hired Zaid Ghoul as its new head of investment banking, the company's chairman said Tuesday. Ghoul,…
Lessons for the UAE from sleeping tiger's hidden capabilities
In its quest for economic diversification, social capital and wealth preservation, Abu Dhabi Economic Vision 2030 planners looked to Norway,…
UAE-based luxury developer at London’s global property awards
UAE-based luxury developer Damac Properties will represent Arabia next month in London at the world’s most prestigious real estate competition,…
Standard Chartered appoints new CEO for Bahrain
Standard Chartered Bank announced the appointment of Hassan Jarrar its new Chief Executive Officer for Bahrain. Prior to his appointment,…
Elysian Investments open new office in DIFC
Elysian Investments have opened a new office in Dubai International Financial Centre (DIFC), Dubai. Elysian Investments have 4 offices internationally…
Gulf banks aim to boom on small and medium companies
Banks in the Gulf Arab region are keen on increasing their return of equity until 2015 through developing products and…
UAE customers swap gold jewellery for bars
With gold prices remaining extremely volatile over the past few months, investment demand for gold has taken off even as…
Abu Dhabi slowdown a nod to UAE wealth gaps
Abu Dhabi’s move to rein in spending on major infrastructure projects could be a sign the city is redirecting funds…
Gulf banks focusing on SMEs, youth and women
Banks in the GCC, targeting a 20 per cent growth in return on equity by 2015, are in a race…