First Gulf Bank Plans Asia Expansion as Profit Beats Estimates
First Gulf Bank PJSC (FGB) said it will remain focused on expansion in Asia as the lender controlled by Abu…
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New Economic Study Reveals Global Built Environment Wealth Tops $193 Trillion
China could outpace USA as world’s wealthiest built asset nation by as early as 2014 UK and Europe lag behind…
Assets under management in ME and S Africa jump 13%
Total assets under management (AuM) and profits have nearly regained the levels both had reached before the financial crisis, according…
VP’s Islamic Banking Plan Praised
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed Bin Rahsid Al Maktoum received President of…
Survey Finds Investors Still Confident In Global Growth Despite China Doubts – BofA Merrill Lynch
Global investors remain confident in the outlook for economic growth despite their sharply decreased growth expectations for China, according to…
Dubai loses ground to London in battle of banking
In its ambition to rise to a global financial center, Dubai suffered a number of setbacks in recent months,…
Weaknesses of Qatar's banking sector identified
Despite high stability and strong profitability, severe exposure to real estate sector and aggressive expansion plans are key "weaknesses"…
JPMorgan follows Stanchart, Citi, deepens Iraq business
JPMorgan signed a one-year agreement on Saturday to help the Trade Bank of Iraq finance imports of goods and services…
Deutsche Bank executive drives interest for Arabian Gulf companies
The Deutsche Bank executive, London-based managing director of emerging markets' equity capital business, has been the driving force behind some…
The smart money is quietly buying more gold
Five or six years ago, few private investors were very concerned about the price of gold. Then came the financial…
UAE a safer bet than Switzerland, South Korea – RESEARCH
Leading foreign executives trust the UAE as destination for their money more than the banking powerhouse of Switzerland or…
Bahrain banks post strong rebound, with profits exceeding $1 billion in Q1 2013
The combined net profits of Bahrain’s banks nearly doubled to $1.1 billion in the first three months of this year,…