UAE's biggest bank to consolidate operations
Emirates NBD PJSC (EMIRATES), the United Arab Emirates’ biggest bank by assets, will consolidate its investment banking and corporate finance…
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Dubai based investment bank to axe jobs and shrink brokerage ops
Shuaa Capital says it will axe more jobs and shrink its brokerage business. The news sent the shares of the…
Schroders to keep UAE business
Schroders, the British investment bank, is committed to keeping its office in the UAE despite deteriorating trading volumes and low…
Top Mideast banks to wed operations
An operational merger of Dubai Bank and Emirates Islamic Bank (EIB), two Islamic banking entities owned by Emirates NBD, is…
Ernst and Young appoints two new partners in Oman
Ernst and Young have announced the appointment of two new Partners at the Muscat office. Ahmed Amor Al Esry is…
Top private bank named Gold Sponsor at key fund-raising event
Credit Agricole Egypt Private Banking is proud to be a Gold Sponsor and help raise funds at the Magdi Yacoub…
Arab banks to pursue emergency economic plan
The Arab world is in need of an emergency plan to boost inter-Arab banking and economic cooperation in a bid…
Embattled Swiss bank rolls out dramatic restructure of invt banking arm
UBS (UBS) revealed plans Thursday to strengthen its wealth-management units while scaling down its investment bank and introducing new performance…
Euro crisis to worsen $25bn Gulf debt burden
European bond and stock markets suffered a further fall yesterday as Gulf companies were warned they faced growing refinancing risks…
Islamic finance lender reports healthy quarterly results
Al Baraka Islamic Bank, a subsidiary of Al Baraka Banking Group, earned net income of BD1.36 million ($3.6 million) during…
Banks' low results show the sad state of investment banking in MENA
EFG Hermes is one of the largest investment banks in the Middle East and its Q3 results are indicative of…
UAE's Swiss bank nears $1bn in assets
If you want to keep your money safe you put it in a Swiss bank. If you want to keep…