Chastened UBS uses 150th events to polish image
UBS (UBSN.VX) is using its 150th anniversary to try to rebuild an image tarnished by a $2 billion trading scandal…
Wealth and Asset Management
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UBS launches Israel wealth management unit
The UBS Wealth Management Investment House unit will offer clients domestic and international investment management in Hebrew. UBS chairman Kasper…
DIFC aims to double in five years
Dubai International Financial Centre, the emirate's investment market hub, has set itself the target of doubling in size over the…
Dubai: banks back in town
For Dubai, the Arab spring has been a boon, in finance as much as tourism. Dubai’s financial centre says financial…
CME Group and Oman Investment Fund to increase investments in DME
CME Group, the world's leading and most diverse derivatives marketplace, and Oman Investment Fund, a sovereign wealth fund of the…
Israel turns to central bank for SWF strategy
Israel’s planned sovereign wealth fund will be managed by the Bank of Israel, rather than a third party manager as…
BNP opens Dubai offices after Bahrain unrest
BNP Paribas, the largest foreign bank in Bahrain, has opened two offices in neighbouring Dubai as part of a drive…
Middle Eastern investors increase share of Central London residential sales market
The Central London residential market is becoming increasingly attractive to Middle East investors according to the latest Central London Residential…
RLPC-DIC may hand Travelodge keys to lenders
Dubai International Capital is likely to hand the keys of British budget hotelier Travelodge to lenders including Golden Tree Asset…
Best airlines you've never heard of
As a Qatar Airways television advertisement that jokingly masquerades as a weather report says: "As you fly over the Pyrénées…
Gulf Bank bags industry accolade
Gulf Bank has been awarded the coveted 'Best Creativity' award at the 3rd Annual Banking Web Awards Competition, which took…
Emirates NBD plans issue of 'dim-sum' bond
Dubai Emirates NBD, the largest bank in the UAE by assets, said Monday that it has mandated Emirates NBD Capital…