Saudi Envoy’s Lost Millions Show Shell Company Risk, Judge Says
A lawsuit over the estate of a deceased Saudi diplomat shows the risks of wealthy people using shell companies and…
Wealth and Asset Management
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Arab Bank to Shutter Zurich Branch
Arab Bank has decided to give up its Zurich branch and dislocate the business activities to Geneva, according to information…
Israel’s FIBI Bank Tightens Terms for Diamond Trade
The Israel Diamond Exchange pledged to contest a decision by First International Bank of Israel to tighten its lending standards…
Killik & Co confirms Dubai office closure
Wealth planning and investment management firm Killik & Co is to close its Dubai office, its only presence outside the…
$11 Trillion Muslim Wealth Mountain Calls to Asian Fund Managers
The race to tap an $11.5 trillion pool of wealth held by Muslim individuals, institutions and governments is intensifying. …
Mashreq is ‘Best Consumer Digital Bank in Qatar’ for eighth year
Mashreq Qatar has been recognised as the “Best Consumer Digital Bank in Qatar 2016” by Global Finance magazine for the…
The Luxury Hospital: A New Niche
Is the growth of healthcare consumerism carving the way for healthcare to be the Middle East’s next luxury brand? With…
Panmure Gordon appoints new director
The Company has been advised by QInvest that, following the resignation from the Panmure Gordon Board of its representative Caspar…
NBAD group chief executive steps down
Alex Thursby has stepped down as the group chief executive officer (CEO) of the National Bank of Abu Dhabi (NBAD)…
Swiss private bank linked to Malaysia scandal
A former unit of US insurance giant AIG is in the crosshairs of global regulators on an international hunt for…
UAE key to Standard Chartered’s global and regional strategy
For Standard Chartered, an international banking group with significant presence across emerging markets, the UAE is a key country in…
Emirates NBD launches mobile contactless payments solution
Emirates NBD has unveiled Emirates NBD Pay, an NFC-based mobile contactless payment solution. The UAE-based bank says it is…