Executive salaries to rise but bonuses remain in check, says PwC
Remuneration hikes not linked to performance would meet ‘strong resistance’ Executive pay is set to rise next year but bonuses…
Wealth and Asset Management
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Bahrain's economy earns strong second quarter results
Bahrain's economy posted strong second quarter results, indicating Bahrain's quick recovery and strong economic outlook. During the second quarter, the…
Can Malta carve out a Middle East niche?
The political upheavals in North Africa in the first half of 2011, including the destructive civil war in Libya, have…
Arab billionaire rents London flat for $90,000 a week
A Middle Eastern businessman has signed a lease to rent London’s most expensive property at a cost of £55,000 ($90,000)…
Lebanon included in HSBC restructuring plans
HSBC has embarked on a major global restructuring program that will include its operations in Lebanon, a banking source told…
Qatar in exclusive talks to buy Silverstone F1 circuit
Harrods-owner Qatar Investment Authority (QIA) is on the verge of snapping up another British landmark as it is believed to…
Trusteer discovers new worm based financial malware using Zeus Trojan
Trusteer, the leading provider of secure web access services, today warned that it has discovered the 18 month old file…
BankMuscat hosts get-together for Priority Banking lady customers
Marking the Holy Month of Ramadhan and celebrating the spirit of the special occasion, BankMuscat organised an exclusive get-together for…
Gulf bond sales drop 23pc
Bond sales by issuers in the Gulf fell to a five-year low as debt crises in developed nations threaten a…
Expats in UAE find it hard to get finance to start up companies
Noble Jose was armed with an idea and a business plan to back it, but the banks would not lend…
Banking and finance sector in the Middle East can no longer ignore social media
With the growing adoption of smartphones and the simultaneous surge in Internet use across the globe, banking and finance institutions…
Credit Agricole won't be last bank to exit Bahrain
The consequences of Bahrain's turbulent spring are mounting. First the Formula 1 Grand Prix was cancelled, now Credit Agricole has…