UAE has largest Arab banking system
The UAE maintained its position as having the largest banking sector in the Arab world for the third consecutive year…
Wealth and Asset Management
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Retail asset management industry in nascent state
Despite growing capital pools and rising wealth of expatriates, the region's retail asset management industry remains very nascent. Experts at…
Banking sources: Egypt to extend tenure of central bank chief
Egypt’s ruling Supreme Council of the Armed Forces (SCAF) is leaning toward extending the tenure of Central Bank of Egypt…
Analysis: Qatar unlikely to be white knight for Europe banks
Hopes may be disappointed for an influx of money from Qatar and other rich Gulf states into battered European banks,…
Top Swiss bank rolls out expansion in the Middle East
Lombard Odier, one of the oldest and largest Swiss banks is set to expand in the region with the opening…
Saudi billionaire has $9.2bn freezing order lifted
In what was described as a "significant victory" in his ongoing and bitter legal dispute with members of his wife's…
Saudi Prince Alwaleed bin Talal on Steve Jobs: Three Apples Changed The World
Saudi billionaire Prince Alwaleed bin Talal Alsaud, a global investor who has owned shares in Apple for 16 years, sent…
Mideast's Unrest Hits Investment Banks
Investment-banking revenues in the Middle East tumbled to the lowest level since 2004 in the third quarter, as the twin…
UAE's Sheikh Mansour tops British football rich list
Manchester City owner Sheikh Mansour bin Zayed Al Nahyan has been rated as the richest man in British football, according…
Egypt considering IMF deal rejected in June
Egypt is considering International Monetary Fund financing it previously turned down and is still in talks with Gulf Arab states…
Top Qatari bank's quarterly net surges on interest income
Qatar National Bank SAQ, the Persian Gulf country’s biggest bank by assets, posted a 31 percent gain in third-quarter profit…
Investors see upside of Gulf’s low liquidity
The Dubai Financial Market, Dubai’s main stock exchange, turned over only $8m on Sunday, its lowest level since August 2004,…