Saudi, UAE to see double digit growth in millionaires
Saudi Arabia and the UAE are set to see double digit growth in the number of millionaires in the next…
Comment & Analysis
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Qatar among Mideast ‘powerful trio’ for FDI
Despite the events of the Arab Spring, in 2011 the number of FDI projects in the Middle East rose…
Fear of loss driving investment decisions – RESEARCH
According to the latest survey results released by Natixis Global Asset Management, UAE investors have little appetite for increasing risk…
Wealthy Arabs buy right to live in Britain
The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the…
Abu Dhabi named one of world's 'Cities of Opportunity'
Abu Dhabi has been ranked among the world’s 'Cities of Opportunity' based on a range of key factors including…
Banks Temper Job Cutting After Surge in 2011 Reductions: Table
The world’s largest banks are slowing the rate of large-scale job cuts after eliminations surged 14 months ago, when Europe’s…
Burgan Bank wins “Best Private Bank in Kuwait 2012”
Burgan Bank has announced that it has received the coveted "Best Private Bank in Kuwait" award by Capital Finance International,…
NBK's net profit reaches $814.4 million in 9 months
National Bank of Kuwait (NBK), claimed to be the largest Kuwaiti bank and the highest-rated in the Middle East, reported…
Finacle Global Banking Innovation Awards Announces 2012 Winners
BAI and Infosys have bestowed the most innovative banks in the world with the prestigious 2012 BAI – Finacle…
IIRA reaffirms credit ratings of Bahrain Islamic Bank and assigns fiduciary score
Islamic International Rating Agency (IIRA) has reaffirmed ratings of Bahrain Islamic Bank (BIsB or 'the bank') at BBB (Triple…
Shearman & Sterling Honored at IFLR's 2012 Middle East Awards
Shearman & Sterling was a big winner at International Financial Law Review's 2012 Middle East Awards in Dubai. …
Tax havens and tax hells
A new report released this week by global accountancy group KPMG reveals that Brits are among the world's most…