JPMorgan expanding private banking in Gulf
JPMorgan is expanding its private banking operations in the Middle East as it attempts to tap into rapidly growing Gulf…
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INTERVIEW: Qatar Central Bank To Keep Riyal Pegged To US Dollar
Qatar is confident it can keep inflationary pressures contained while maintaining its longstanding currency peg to the U.S. dollar despite…
Heptagon Capital adds Goldman vet to advisory group
London-based Heptagon Capital, a $4.5 billion asset manager business set up in 2005 by former Morgan Stanley executives, has hired…
DFSA and NASDAQ Dubai Announce the Transfer of the Official List of Securities
The Dubai Financial Services Authority and NASDAQ Dubai have announced that with effect from 1 October 2011 the responsibility for…
ADS Securities to expand to SE Asia
UAE-based ADS Securities, which provides on and offline trading of FX and commodities, is looking at establishing a presence in…
Iran hit by massive $2.6 bn banking scam
Several Iranian banks have been targeted in one of the biggest frauds in the Islamic republic's history, losing nearly $2.6…
Islamic banks eye Qatar
Islamic banks in the UAE are seeing the market 'greener' on the Qatar side in the wake of the recent…
Nakheel wrote off $21.4bn after Dubai property crash
Nakheel, Dubai’s biggest developer, told creditors it wrote down AED78.6 billion ($21.4 billion) from the value of its real estate…
Path Solutions and Apliman Technologies Announce Partnership Agreement
As result of the partnership contract,the iMAL*2Mobile new offering will utilize Apliman’s SMS Gateway and USSD Gateway for providing mobile…
MENA banks safer as giants stagger
Banks in the Middle East and North Africa region offer safer havens to investors looking for less volatility and limited…
Dubai Chamber urged to attract more international investors
Dubai is an attractive destination for international investment and is a platform for business in the wider Middle East region.…
Key UAE asset classes poised for strong recovery
Key sectors of the UAE economy such as real estate and financial services are poised for strong growth as the…