A crisis that could 'eclipse the Depression'
At the beginning of this week, Europe's top bankers marked the end of the summer holidays and the return to…
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UAE banking sector on recovery track
The UAE banking sector will continue to steadily recover into the next year, reveals a latest forecast. According to a…
Gulf likely to feel blows hitting euro-zone banks
The crisis hitting banks in the euro zone is expected to leave bruises on Gulf lenders as global credit gets…
First Gulf Bank plans four Asia offices to boost financing role
Abu Dhabi-based First Gulf Bank (FGB) plans to set up four more representative branches in southeast Asia in a push…
Oxford Business Group appoints new Regional Director for Gulf
Oxford Business Group (OBG), the global publishing, research and consultancy firm, has promoted Michelle Solomon to the position of Regional…
International law firm appoints new head of UAE
International law firm Trowers and Hamlins LLP announced the newly created role of head of UAE as part of a…
Middle East banks are in much better shape than those in the US and Europe
Bankers are finally feeling the pinch after three years of bumper profits and big bonuses despite government bailouts in the…
Former Hapoalim chairman to be indicted
State Prosecutor Moshe Lador has decided to indict former Bank Hapoalim chairman Dan Dankner on charges of bribery, aggravated fraud,…
Standard Chartered seats new CEO for UAE
Standard Chartered announced Jonathan Morris as the new Chief Executive Officer for the UAE. Jonathan succeeds Jeremy Parrish, who has…
TAIB Bank strengthens securities business with senior appointment
TAIB Bank has announce that as part of its restructuring strategy, Mr Khaldoon Bin Latif has been appointed as General…
InvestBank to install latest Oracle EBS banking services
InvestBank joined forces with Savvytek, the International leading provider of IT solutions, to implement the Oracle E-Business Suite (EBS) applications…
IMF report exaggerated against money laundering
An experienced local banking industry professional has condemned last week's International Monetary Fund (IMF) report concerning what it claimed is…