Turquoise to start Iran Private Equity Fund with Swiss Private Bank
Iranian asset-management firm Turquoise Partners plans to start a $200 million private equity fund with Swiss bank Reyl & Cie’s…
Wealth and Asset Management
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Key financial mis-selling case in Dubai nears conclusion
One of the biggest financial mis-selling cases in the Gulf region between a wealthy Kuwaiti family and Switzerland’s Bank J.…
Amanda Staveley sues Barclays for almost £1bn
Barclays has been hit with a lawsuit for nearly a £1bn from Amanda Staveley, the deal-maker with a host of…
DIB announces exclusive partnership with Emirates Golf Club
Dubai Islamic Bank, the largest Islamic Bank in the UAE, has announced that it will be the title partner and…
Emirates Islamic signs strategic MoU with Dubai SME
Emirates Islamic has announced that it has signed a strategic MoU with Dubai SME, the agency of the Department of…
Credit Agricole Private Bank taps old name for new gold
Crédit Agricole Private Banking, one of the world's leading international wealth managers, has announced that its operations across Europe, the…
Frozen Iranian funds freed up from Swiss banks
Switzerland has freed up money from Iran that was frozen in Swiss bank accounts. It’s come after sanctions against the…
Gary Dugan appointed Chief Investment Officer of Emirates NBD
Emirates NBD has announced the appointment of Gary Dugan as Chief Investment Officer - Wealth Management. An accomplished investment…
Rich Arabs seek to cash in on int'l markets as low oil persists
The Arab world's wealthy families look to double investment portfolios in international markets after a record low in oil prices.…
Citigroup Sees Mideast Private Banking Boost as Rich Move Assets
Citigroup Inc. expects assets managed by its private banking business in the Middle East to grow by more than 20…
Probe clears Malaysian PM Najib, says $681 mln transfer a Saudi gift
Malaysia's attorney-general said on Tuesday that $681 million transferred into Prime Minister Najib Razak's personal bank account was a gift…
Qatar Development Bank launches The Franchise Project to encourage local SME international growth
Qatar Development Bank has announced its latest project to develop local SMEs, 'The Franchise Project,' during a press conference held…