Chinese banking giant enters Pakistan
The Chinese banking giant, Industrial and Commercial Bank of China (ICBC) has started its operations in Pakistan. The State Bank…
Wealth and Asset Management
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Emirates NBD plans to expand in Asia Pacific
Emirates NBD, the largest bank by assets in the UAE, is considering opening representative offices in China and a number…
Barclays Wealth appoints new Head of Middle East and North Africa
Barclays Wealth has announced the appointment of Rory Gilbert as Managing Director, Head of Middle East and North Africa for…
Financial rivalry to boost asset industry
Rising competition among financial centres such as Dubai and Doha should help to develop the Gulf's US$50 billion (Dh183.65bn) asset…
Bank al Etihad unveils its new corporate identity
Bank al Etihad revealed its new corporate identity and slogan on September 20th. The event, which was attended by high…
Meet The World's Richest Billionaire Hedge Fund Managers
The 30th annual Forbes 400 list of billionaires is out. The number of hedge fund managers on the list jumped…
Chinese bank ICBC aims to optimize its Mideast network
One of the largest banks in the world, with $1.9 trillion in assets, is planning to increase its presence in…
IBA Group to Present New Software Services in Dubai
IBA Group, an alliance of IT companies with over 2,500 people, will present new services at the GITEX Technology Week…
Private banking: Local groups join competition to service wealthy clients
Gulf banks are trying to compete with the likes of Bank Sarasin-Alpen and Credit Suisse for private banking clients in…
NBAD looks to expandin Malaysia
National Bank of Abu Dhabi (NBAD) plans to open a Malaysian subsidiary in January and has applied for a licence…
Capital flight from Egypt and Libya hit $8 billion during Arab Spring
The Arab Spring drained more than US$8.6 billion (Dh31.58bn) in bank deposits from Egypt and Libya in the first three…
National Bank of Oman introduces new credit card
National Bank of Oman (NBO) in partnership with Visa International has introduced a new credit card, the NBO Infinite Credit…