SSgA taps institutional business leader for UK, Africa, Mideast
Susan Raynes has been appointed head of State Street Global Advisors' (SSgA) UK, Middle East and Africa (UKMEA) institutional business.…
Wealth and Asset Management
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New bank opens to maintain Saudi investments in Egypt
A new bank will be established in Egypt to “maintain the safety of the assets of Saudi investments and support…
Huge Lay-Offs Plague Western Banks – Are Middle East Banks Next?
The world's most expensive bailouts have failed to save European and North American banking jobs, according to a new report…
HSBC names new Senior Manager of Marketing in Qatar
HSBC Bank Middle East has announced the appointment of Maisa Taha as the Senior Manager of Marketing in Qatar. Maisa…
Delancey, Qatari Diar make London Olympic village site acquisition
UK developer Delancey Estates and a unit of Qatar's sovereign wealth fund have agreed to acquire the athlete's village in…
Credit Agricole to shut Bahrain office
Credit Agricole is to close its office in Bahrain and move its staff to Dubai, International Financing Review (IFR) said…
Burgan Bank Wins "Best Private Bank in Kuwait" Award
Burgan Bank today announced that it has been awarded the prestigious "2011 Best Private Bank in Kuwait" award by World…
SICO posts net profit of BD1.127m for Q2
Bahrainâbased Securities & Investment Company (SICO) announced today a net profit of BD 1.127 million for the second quarter of…
Arab holdings of US bonds put at $470bn
The downgrading of the US credit rating will likely have "far-reaching consequences" on the Arab region, according to Chairman of…
Gulf CEOs keep fingers crossed
The downgrade of the US credit rating from AAA to AA+ has caused a lot of concern among the UAE…
Al Baraka’s H1 income surges 15pc to $353m
After deducting all operating expenses, net operating income was up 13 per cent to $170m. The net income…
Fresh Q2 earnings boost Dubai bourse
Most Gulf markets returned to negative territory on Thursday amid wide-spread concerns over the US economy, while a set of…