Al-Rajhi Group joins Pearl Initiative
Abdulrahman Saleh Al-Rajhi & Partners (Al-Rajhi), a diversified Saudi family office and investment company, has joined a growing and illustrious…
Wealth and Asset Management
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Barclays Wealth Makes Key Offshore Africa Appointment
Barclays Wealth has announced the appointment of Philippe Hofer as Managing Director and Market Head for Africa Offshore within International…
Head of Bahrain sovereign wealth fund quits
The head of Mumtalakat, Bahrain’s state holding company, has resigned after a four-year term to return to the private sector.…
DIFC Courts draft Code of Conduct
The DIFC Courts have sent out a new professional Code of Conduct for public consultation. The Code will act as…
Growing expat exodus to Qatar
Securing the World Cup was just the beginning. Qatar is fast becoming the Middle Eastern flagship for social, financial and…
BNP denies Dubai shift a move to diversify
BNP Paribas, the largest foreign bank in Bahrain, has opened two offices in Dubai as part of a drive to…
Dubai International Financial Centre aims to be yuan clearing hub
The Dubai International Financial Centre (DIFC) is working towards becoming the Middle East's clearing hub for offshore yuan transactions, DIFC…
Dubai boat show to draw big spenders
Dubai International Boat Show (DIBS) this year will see a surge in the number of high net worth individuals (HNWIs)…
Dubai in vogue with financial services firms
The Dubai International Financial Centre, the financial services hub established by the emirate’s government, reported a 7% increase in active…
BankMuscat opens private banking branch at its HQ
AbdulRazak Ali Issa, chief executive of BankMuscat, inaugurated an exclusive branch for private banking at the bank’s headquarters in Seeb…
Former CEO of Barclays Bank (Suisse) resurfaces
Audi Saradar Group has announced the appointment of Mr. Philippe Sednaoui as the Chief Executive Officer of its fully-owned private…
HSBC To Overhaul Bonuses
I have learned that HSBC is to overhaul the way it pays bonuses to its UK staff in response to…