Dubai's DIG appoints firm to manage $1.1bn portfolio
Dubai Investment Group has appointed Silverpeak Real Estate Partners to provide real estate investment management services for its $1.1bn commercial…
Wealth and Asset Management
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Zurich’s deVere plans to tap Middle East
DeVere Group, the Zurich-based indepedent financial consultancy, plans to open three offices in the Middle East by the first quarter…
Huge proportion of expatriate wealth is not staying in region
Countries in the Middle East such as the UAE, Saudi Arabia and Qatar are considered among the leading wealth hot…
Dhaka mutual fund road show starts
The Bangladeshi government has launched a road show in the UAE to promote the Bangladesh Fund, a 50 billion Bangladeshi…
Qatar Holding sets up $1bn subsidiary in Indonesia
Qatar’s sovereign wealth fund said yesterday it had established a $1bn subsidiary in Indonesia to invest mainly in the country’s…
Top bank steps up Emiratisation efforts
First Gulf Bank PJSC, (FGB), the leading financial partner of choice in the UAE, is pioneering an initiative to enhance…
UAE banks face fresh headwinds – Fitch
Banks in the United Arab Emirates face new headwinds due to a weakening global economy and Abu Dhabi's move to…
Saudi lender introduces ‘new generation’ of Islamic banking services
In a recent forum, the bank's Shari’ah advisory board members and customers discuss with Saudi Hollandi executives ideas on how…
EIBFS to roll out SunGard ERP
The Emirates Institute for Banking and Financial Studies (EIBFS), which provides professional education for the finance sector, is set to…
Expat wealth robust in face of global recession
Even in countries where economical problems have been compounded by political unrest and natural disaster, such as Bahrain, Egypt and…
NBAD shares private banking expertise
ftcom.5887.world/world-index ftcom.5887.companies/companies-index The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, will share its expertise…
Business growth and banking activity slows in the UAE
Bank lending decreased in October for the second month running and deposits continued to fall as funds were withdrawn from…