UAE’s corporate earnings grow 4%
Total net profit of the UAE’s corporate sector grew 4.3 per cent to touch Dh26.5 billion for the first nine…
Market Forecasts
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UAE banks are prepared for any fresh crisis: Central Bank
UAE banks have built up sufficient reserves and boosted their capital base after the 2008 global financial distress and this…
Standard Chartered eyes Islamic option
Standard Chartered is in discussions with regulators to offer Islamic banking services in Oman and Nigeria, now that both countries…
Huge proportion of expatriate wealth is not staying in region
Countries in the Middle East such as the UAE, Saudi Arabia and Qatar are considered among the leading wealth hot…
Arab world ‘must manage risks of transition well in a critical period'
The Middle East is moving into one of the most difficult periods in its history and it needs to manage…
Swiss private banking group to open office in Tel Aviv
Julius Baer will open a representative office in Tel Aviv early next year, the Swiss private banking group said on…
Skilled workers needed in middle east banks could answer job cuts in UK
A demand for skilled banking staff is outstripping supply in banks within the Gulf Cooperation Council. The Gulf Cooperation Council…
Lessons for the UAE from sleeping tiger's hidden capabilities
In its quest for economic diversification, social capital and wealth preservation, Abu Dhabi Economic Vision 2030 planners looked to Norway,…
Gulf banks aim to boom on small and medium companies
Banks in the Gulf Arab region are keen on increasing their return of equity until 2015 through developing products and…
Saudi bank cites 'financial risks' in sale of Syrian bank
Banque Saudi Fransi, a Saudi lender part-owned by Credit Agricole SA, will sell its 27 per cent stake in Bemo…
Fiscal paralysis seen in 2012
The super committee’s failure comes as no surprise to anyone who witnessed the Jersey Shore inspired debate on the debt…
Rise of the UAE as a banking superpower
The UAE only issued its first currency in 1973 but is now known as a global financial hub. Rebecca Bundhun…