Latest investment trends for GCC expats-Invesco study
Findings from the 2011 Invesco Middle East Asset Management Study show that expatriate investors in the GCC (Gulf Cooperation Council)…
Wealth and Asset Management
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Appetite for Islamic finance growing
Recent global crises have changed the sentiment for finance and investments with investors increasingly showing appetite for Shariah-compliant private…
Good Year Ends Hard for Asset and Wealth Management Firms – RESEARCH
Global executive search firm CTPartners today released a new report, "Asset & Wealth Management Talent and Compensation Trends 2011: Have…
‘Desert Rose’ Bank Founder a Pioneering Saudi Woman
“Do you mind working with men?” Nahed Taher recalls being asked before taking a job as the only woman amid…
Dubai bank launches $200m football fund
Dubai-based United Investment Bank (UIB) has announced the launch of its Royal Football Fund across the Middle East and other…
Global asset manager opens Dubai Office
Principal Global Investors has announced its expansion into the Middle East with the appointment of Wassim Nasrallah as managing director,…
Fincorp, Rasmala form alliance
The Financial Corporation Co SAOG, “Fincorp” and Rasmala Investments (Oman) announced yesterday the signing of a Memorandum of Understanding (MoU)…
Arab Bank net income increases 12%
Arab Bank profits for the period ending September 2011 increased by 12% to reach $428.7m compared to $382.7m for the…
Senior member of Bahrain's royal family involved in $6m bribe suit
A senior member of Bahrain’s royal family has been named as a co-conspirator in bribery charges against a leading London-based…
Long-term memories that families bank on
After two years as head of Lloyds TSB's private banking business in the Middle East, Nigel Putt is heading off…
Investment bankers are moving to wealth management, private bankers are moving to private equity
Investment bankers in the Middle East are facing job cuts and, with a lack of new roles in the sector,…
Arab Investors Are Urged to Lead the Way
If Middle Eastern governments want to attract foreign investors during the current period of change and uncertainty, then Arab countries…