Saudi cbanker cuts expectations on 2011 growth-paper
Saudi Arabia's central bank governor reined in his expectations for growth in a newspaper interview published on Wednesday, saying he…
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Bank accounts of 14 Kuwait MPs to be frozen in bribery inquiry
An investigation into the bank accounts of several members of parliament has been expanded, it was reported yesterday. The politicians…
Barclays Wealth boosts Middle East and North Africa team
Barclays Wealth today announced a further senior appointment to its expanding ultra high net worth (UHNW) team in the MENA…
Barclays Wealth continues UHNW build-out in MENA
Barclays Wealth, a leading global wealth manager, today announced a further senior appointment to its expanding ultra high net worth…
Tamweel plans up to $500m sukuk in Q4
Tamweel, the Dubai Islamic mortgage lender, has revealed plans to issue a $300m-$500m sukuk in the fourth quarter of this…
QFC Regulatory Authority issues statement on the conduct of unlicensed financial services
The QFC Regulatory Authority has issued a statement emphasising the importance of consumers ensuring that the firms they deal with…
‘Regulation key for Mideast asset management sector’
The Middle East’s fragmented regulatory and legal framework is the main obstacle for the region’s asset management industry to develop…
Iran bank chiefs ousted in $2.6 bln fraud fallout
A $2.6 billion financial fraud that has shaken the government of Iranian President Mahmoud Ahmadinejad saw the heads of three…
Emirates NBD plans to expand in Asia Pacific
Emirates NBD, the largest bank by assets in the UAE, is considering opening representative offices in China and a number…
Thomson Reuters GRC Helps Ziraat Bank Re-enforce Commitment to Secure Transactions
T.C. Ziraat Bankasi A.S., the largest and oldest bank in Turkey, has engaged Thomson Reuters Governance, Risk and Compliance (accelus.thomsonreuters.com)…
Islamic investment grows to over $1.5 trillion said Al Baker
Islamic compliant products globally stands at over $1.5 trillion. These include equities that conform with Islamic principles, sukuk and Islamic…
Credit Agricole CIB Says Will Operate Middle-East M&A from Paris
Credit Agricole CIB, the corporate- and investment-banking unit of France’s third largest bank, will guide Gulf-region clients on mergers and…