Middle East HNWIs trust their children highly in management
High net worth individuals (HNWIs) in the Middle East showed the highest levels of trust in their children to manage…
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Abu Dhabi Commercial Bank plans benchmark dollar sukuk – leads
ADCB has picked itself as well as Bank of America, J.P. Morgan Chase and Standard Charered as joint lead arrangers…
Falcon Private Bank present at Abu Dhabi F1 during regional premiere of Scuderia Toro Rosso sponsorship
The 2011 Formula 1 Etihad Airways Abu Dhabi Grand Prix kicked off on Friday 11th November and with it came…
Ajman Bank appoints new VP
Ajman Bank has announced the appointment of UAE-national, Marwan Ibrahim Al Zarooni, as vice president – head of branches in…
ANZ receives licence to operate from DIFC
ANZ has announced that it has opened a new office in Dubai International Financial Centre (DIFC), the financial and business…
UAE is back on track… and growing fast
After suffering from a downturn in 2009 because of the global fiscal crisis and regional debt default problems, the UAE…
Jumeirah signs deal for luxury London apartments
Jumeirah Group, operator of Dubai’s iconic Burj Al Arab hotel, has signed a deal with a Kuwaiti consortium to operate…
So you thought bank CEOs are highest paid? There are others, say experts
CEOs may get $700,000 plus bonuses but Shariah board members, economists, asset managers...get a better deal It's no surprise that…
Dexia Asset Management expands in Middle East
Dexia Asset Management (Dexia AM), part of the Dexia Group, has opened its office in the Dubai International Financial Centre…
Gulf banks should replace Europe loans, economist says
The UAE and other Arabian Gulf nations should start to replace cross-border lending and credit lines they have with Europe…
Ithmaar Bank posts profit of $2.7 million
Bahrain-based Ithmaar Bank posted a profit of $2.7 million for the first nine months of the year in spite of…
Abu Dhabi Islamic Bank to hold meetings for possible sukuk
Abu Dhabi Islamic Bank has announced plans to hold investor meetings for a potential dollar-denominated Islamic bond, or sukuk, starting…