Qatar bankers must reveal emails over boycott response
Financier David Rowland’s Banque Havilland SA got a boost in its fight against claims it helped orchestrate an economic boycott…
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Global real estate investment proves resilient, yet uneven, in Q1 2021
Global real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021. According to the recently published…
Citi appoints Head of the EMEA Emerging Markets Cluster
Citi has announced the appointment of Ebru Pakcan as Head of the EMEA Emerging Markets Cluster, effective immediately. Ebru…
Farringdon AM sets up financial advice firm in Dubai
Farringdon Asset Management has set up a separately-capitalised category 4 retail financial advisory business in the Dubai International Financial Centre…
Qatar Investment Authority mulls injecting HSBC headquarters into Singapore Reit
Qatar Investment Authority is in talks to inject HSBC Holdings Plc's London headquarters building into a planned property trust being…
UAE to allow 100% foreign ownership of companies in June
Foreigners opening a company in the UAE will no longer need an Emirati shareholder or agent under changes to the…
UAE regulator revokes investment firm's licence
The UAE Central Bank said on 18 May it had struck UAE-based S&S Brokerage House off its register after imposing…
Emirates NBD takes fight to FAB in battle for UAE retail market
Emirates NBD Bank PJSC's aggressive retail lending has enabled the Dubai-based bank to eclipse larger rival First Abu Dhabi Bank…
Strong credit growth to sustain profitability of Saudi banks in 2021
Banks in Saudi Arabia are expected to maintain strong loan growth in 2021, largely led by retail lending leading to…
HSBC Saudi Arabia Agrees to Relocate 3 Units to SABB’s Unit
HSBC Saudi Arabia said it had agreed to transfer its asset management, retail brokerage and retail margin lending businesses to…
Bahrain probes $1.3bn Iranian money laundering network
Bahrain’s attorney general said that public prosecutors had uncovered a $1.3 billion money laundering racket linked to officials at Future…
Goldman Sachs AM hires stewardship head for EMEA
Goldman Sachs Asset Management has appointed Jen Sisson as head of stewardship for EMEA, the firm has announced. Sisson…