Expect the Gulf to deepen ties to Asian bond markets
The Gulf credit market is in a comparatively strong position to weather volatility in global markets. The Gulf countries’ rich…
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Qatar First Investment Bank to sponsor Private Equity MENA Business Summit 2011 in Dubai
Qatar First Investment Bank (QFIB), Qatar's independent Islamic investment bank, announced its sponsorship of and high-level participation in the MENA…
Dubai International Financial Centre appoints new Chairman and Board
The Deputy Ruler of Dubai, His Highness Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum in his capacity as President…
UAE banking system resilient, finance minister says
The banking system of the United Arab Emirates is in good shape and will be able to withstand any external…
Middle East mutual funds sector facing challenges
Professionally managed institutional assets and retail mutual funds maintained a good momentum last year in the Middle East and around…
Islamic Banking: ethics, transparency and honesty
The CEO of Al Hilal Bank, Mohamed J Berro, waxes poetic when Kipp asks him what Islamic banking means to…
Brazil Blocks Transfer to Libya to Prevent Funding for Qaddafi
A Brazilian court blocked dividend payments from a bank indirectly controlled by the Libyan central bank to prevent the proceeds…
Global law firm hires former Simmons UAE chief
Global law firm K&L Gates LLP has established an office in Doha, Qatar, the firm’s second in the Middle East…
Credit Suisse downsizes Gulf investment-banking team
High-level departures from Credit Suisse in Dubai are part of an overall reduction to the Swiss bank’s Middle East investment-banking…
Bankers fear repeat of 2008 meltdown
Europe's financial system is in the midst of a crisis that leading bankers are comparing to the period just before…
Key role for Mubadala in Carlyle's market float
Mubadala Development, a strategic investment company owned by the Abu Dhabi Government, is among the first to benefit from an…
Fund managers bullish on stocks in Q3, HSBC says
Global fund managers are bullish on stocks for the third quarter, as the turmoil in financial markets offers investors “attractive…