Encouraging for Middle East on credit rating, but as good a time as any for rethink
The credit raters, the institutions that governments love to hate, have been busy in the region over the past couple…
Wealth and Asset Management
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Bringing together Middle Eastern money and managers by Fiona Le Poidevin
Fiona Le Poidevin (pictured) of Guernsey Finance explains why Guernsey is an attractive place for Mena family offices to allocate…
Superich Pushed Prices of Top-Tier Homes Higher in 2013
Estate agents, rejoice. The rich are getting richer and more confident, and there is nothing they like more than buying…
Qatar clamp on bonus for bankers
Qatar's central bank is capping bonuses for board members of commercial banks in the country it said in a circular…
Kuwaiti company appoints wealth head
Kuwait Finance and Investment Company (KFIC) appointed Thamer Ali Al-Tahous as the Head of Wealth Management Department in the Assets…
Rich get richer but give less to philanthropy
Even as the rich are getting richer - by as much as US$1 trillion, up 18.5% from a year ago,…
EFG-Hermes sells 19% Damas stake for $150 million
The private equity arm of Egyptian investment bank EFG-Hermes has sold its 19 per cent stake in jeweller Damas International…
Standard Chartered mulls selling divisions
Standard Chartered bank is seeking to sell about six units in Asia, Europe and the Middle East, the Wall Street…
Orhan Osmansoy joins Global as CEO, Special Situations Asset Management
Osmansoy has over 20 years of experience in the fields of private equity, corporate finance and activist investing. He…
In Saudi Arabia, a Rarity – a Female Investment Bank CEO
NCB Capital , a major Saudi investment bank and the Kingdom's "largest asset manager," has appointed Sarah Al-Suhaimi as CEO…
Over half of Saudi customers have complete trust in their financial services provider
Customers in KSA have a high degree of trust in their primary financial service providers (PFSP), higher than seen globally,…
Nedbank sees opportunities in inclusive private banking
If you thought private banking is meant only for those who have a few of millions of dollars to spare,…