Chinese banking booms in Dubai’s financial free zone
China’s big four banks managed to increase their value of assets in the Middle East from 11 billion U.S. dollars…
New Investment Products & Services
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Dubai Internet City firms attract over $2.1bn since hub's launch
Members of the Dubai Internet City community have collectively attracted AED7.8 billion ($2.1 billion) in funding since its launch, the…
JP Morgan bolstering Saudi Arabian business in anticipation of FDI flows
JP Morgan Chase is bolstering its business in Saudi Arabia, adding new services and hiring staff in anticipation of increased…
Holborn Assets opens new office in South Africa
UAE-based Holborn Assets has opened an office in Johannesburg and recruited an eight-strong team of advisers as the company pursues…
EFG Hermes to enter second sub-Saharan African country in 2018
EFG Hermes, Egypt's biggest publicly traded investment bank, will expand into a sub-Saharan African country this year as part of…
Infrastructure expansion to continue with increase in space leased
Dubai DIFC continued to enhance its infrastructure, with more flagship projects added to the Centre’s masterplan — the most recent…
Global to manage a new wind-down mandate
Global Investment House has announced that it entered into an asset management agreement with a regional group to manage a…
UAE cbank launches customer happiness initiative
The Central Bank of the UAE has launched the UAE’s first Innovation ‘Happython’ aiming to find innovative ways to increase…
Deutsche Bank Plans Saudi, Dubai Hires as Sovereigns Drive Deals
Deutsche Bank AG is expanding in Saudi Arabia and the United Arab Emirates as the lender expects sovereign bond sales…
Bank Sohar inaugurates relocated Nizwa branch to better serve its customers
As part of Bank Sohar’s strategy to provide excellence in customer experience and added convenience to its valued customers, the…
Dubai Islamic Bank Kenya head-hunts for senior managers
Giant Gulf lender Dubai Islamic Bank’s (DIB) local subsidiary, DIB Bank Kenya, is hiring more senior managers seven months after…
Andersen Tax & Legal Launches in Egypt
The Andersen name launches in Egypt this week as Maher Milad Iskander and Co., an Egyptian tax and legal firm…