Citigroup Shuffles Management
Citigroup's Mike Corbat will become its sole Chief Executive Officer for Europe, the Middle East and Africa as part of…
Wealth and Asset Management
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Saudi billionaire accuses Standard Bank of conflict of interest
Saudi billionaire Sheikh Mohamed Bin Issa Al Jaber has hit back in his High Court battle with Standard Bank, accusing…
Hunting down US tax evaders
The US government is more aggressively hunting down tax evaders, which may be making some Americans living in the UAE…
NBAD inaugurates new business banking centre in Abu Dhabi
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, expanded its exclusive services for small-…
Ground-breaking wealth management accreditation program launched
NCB Capital, Saudi Arabia's wealth advisor and asset manager, has launched a ground-breaking accreditation programme for its wealth managers that…
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)…
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)…