Rare Qatar-Dubai bank notes fetch $290,000
A series of rare Qatar and Dubai banknotes have sold for GBP£180,000 (US$290,000), five times higher than their pre-sale estimate,…
Wealth and Asset Management
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Wealthy Arabs buy right to live in Britain
The number of Arab millionaires investing in Britain in exchange for permanent residency has increased in the wake of the…
Abu Dhabi named one of world's 'Cities of Opportunity'
Abu Dhabi has been ranked among the world’s 'Cities of Opportunity' based on a range of key factors including…
Swiss private banking ME Co-CEO quits
Bassam Yammine, a managing director and co-chief executive of the Middle East at Credit Suisse, is resigning from his post…
Qatar cash, prospects lure top bankers to local firms
Qatar is luring high-profile bankers away from foreign firms by offering better pay and prospects, as the cash-rich Gulf state…
Vikram Pandit Steps Down as CEO of Citigroup
The Board of Directors of Citigroup today announced that Vikram Pandit has stepped down as the Company's Chief Executive Officer…
Burgan Bank wins “Best Private Bank in Kuwait 2012”
Burgan Bank has announced that it has received the coveted "Best Private Bank in Kuwait" award by Capital Finance International,…
NBK's net profit reaches $814.4 million in 9 months
National Bank of Kuwait (NBK), claimed to be the largest Kuwaiti bank and the highest-rated in the Middle East, reported…
Leading Swiss Private bank to slash 10,000 jobs
The Swiss banking giant UBS could shed 10,000 jobs in the near future, according to a report on Saturday…
Tax havens and tax hells
A new report released this week by global accountancy group KPMG reveals that Brits are among the world's most…
Wealth managers have different priorities on technology – RESEARCH
A new report from Aite Group reveals the capability priorities of technology executives at financial firms that offer wealth…
Bank of Sharjah celebrates cooperation agreement with Commerzbank
Bank of Sharjah P.S.C. hosted a cocktail reception on the 6th of October 2012 to celebrate the official launch of…