Chadbourne & Parke adds international partner in the Dubai office
The international law firm Chadbourne & Parke have announced that Simon Schmidt has joined the firm as international partner in…
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Bahrain bank merger a litmus test for Gulf
The planned merger of two Bahraini banks, intended to create the largest Islamic lender in the Gulf Arab kingdom, could…
TMF Enhances its presence in the Middle East
TMF Group is relocating James Martingale, who is currently a director of the company’s Jersey business and Global Head of…
Bank Dhofar sees return to profit in second half of year
Omani lender Bank Dhofar said a $68 million (Dh249.7 million) lawsuit filed by rival Oman International Bank will not hit…
Bahrain investment firm opens India office
Bahrain-based The Family Office (TFO), a leading wealth management company, has strengthened its global position with the opening of a…
Saudi Tadawul market defies regional downtrend
The Saudi Stock Exchange added 0.57% to reach 6,088.25 points. Shares advanced across almost all sectors, as market bellwether Sabic…
Shaheen Financial Brokerage to close due to tough conditions
Tough market conditions are continuing to take their toll on the UAE's financial brokerages as another company plans to close…
Bahrain's Al Salam Bank and BISB hire KPMG Fakhro for planned merger
Bahrain Islamic Bank (BISB) and Al Salam Bank have hired KPMG Fakhro for their planned mega merger. The two Bahraini…
Russell names MD for Mideast
Russell Investments, the global investment management company, today announces the appointment of Jim Leggate as managing director of its Middle…
Gulf International Bank's investment banking arm rebrands
GIB Financial Services (GIBFS), the investment banking arm of Gulf International Bank (GIB) in the Kingdom of Saudi Arabia, has…
Alpen Capital to offer Islamic advisory services
Alpen Capital LLC, Oman has received approvals from the Capital Market Authority, Sultanate of Oman to provide advisory services in…
Zurich Financial gets green ligh to rename subsidiary
Zurich has announced today that the UAE Insurance Authority in the UAE has approved their application to change the name…