UAE ranks third place in $12bn global Takaful market
The worldwide Takaful insurance market is being predicted to reach a value of over $12bn in 2011, which signifies a…
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UBS to take axe to investment banking
UBS’s strategy is centered on its wealth management businesses and it will strengthen its leadership position in the most attractive…
What to look for when choosing a wealth management system
In this fourth article of the series on what to look for when choosing a wealth management system, the focus…
Top Mideast lender gets recognition at major award ceremony
Gulf Bank announced that it has been honored at the 8th International Business Awards (IBA) during a gala dinner event…
Kuwait bourse suspends 50 firms
The Kuwait Stock Exchange (KSE) yesterday suspended trading in the shares of 50 firms, about a quarter of those listed…
Gulf SWFs opt for prudence
An uncertain outlook for oil prices and a need to increase domestic spending could make the Gulf’s sovereign wealth funds…
Paladin Capital obtains license to operate in DIFC
Paladin Capital (Middle East) Limited today announced that it has been licensed by the Dubai Financial Services Authority (“DFSA”) to…
Mideastern lenders' searching for IT talent abroad
The best option for a bank is an offshore development centre, where a company can develop its own talent pool,…
Sukuk rush may lift costs for borrowers
A rush of Islamic bond sales from the Gulf region in coming months could give companies much-needed access to funds,…
Alternative employment options for redundant brokers in the UAE
Financial services recruiters in the UAE are being flooded with CVs from brokers, following a rash of closures and copious…
FATCA will affect almost all Financial Institutions
All banks and life insurance companies which have US source income or handle US source income on behalf of its…
MAC Securities becomes BFX trading member
The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Middle East and North Africa (MENA) region, is pleased…