Uncategorized Archives - Page 1685 of 3971 - Managers of Wealth Middle East

Silicon Valley is snubbing Saudi Arabia’s glitzy conference a year after the Khashoggi killing

October 15, 2019

The challenge at last year’s investment conference in Saudi Arabia was convincing Silicon Valley celebrities not to abruptly cancel. …

Executive Moves

Hilton appoints Jochem-Jan Sleiffer as Area President, Middle East, Africa & Turkey

October 15, 2019

Hilton announced that Jochem-Jan Sleiffer has been appointed to the position of Area President, Middle East, Africa & Turkey in…

Executive Moves

Citi Names Christoph Geidner Consumer Business Head

October 15, 2019

Citi Bahrain has appointed Christoph Geidner as the Consumer Business Head for Bahrain. Christoph is not new to Citi,…

FinTech

Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization

October 15, 2019

“The Microsoft Azure cloud will deliver on CBD’s vision to digitally transform itself into a modern banking institution that can…

Regulation, Risk & Compliance

World Bank: Geopolitical Tensions Affect Growth in MENA in 2019

October 15, 2019

Middle East is expected to drop to 0.6 pc in 2019 against a 1.2 pc growth posted last year, says…

Hedge Funds & Alternative Investments

UAE's Sharjah emirate hires banks for dollar Islamic bonds

October 15, 2019

The emirate of Sharjah has hired banks ahead of a potential issue of 10-year U.S. dollar-denominated sukuk, or Islamic bonds,…

Mergers & Acquisitions

Romanian lender BCR to sell headquarters in downtown Bucharest to Arab investor

October 15, 2019

BCR, the second largest banking group in Romania, has reached the due diligence stage in the process of selling its…

Executive Moves

Reshuffle at the top for UniCredit

October 15, 2019

UniCredit have appointed Raphael Barisaac and Emmanuel De Rességuier as global co-heads of cash management. Barisaac and De Rességuier…

Hedge Funds & Alternative Investments

GCC markets muted but indicators stay positive

October 15, 2019

Like their emerging market counterparts, the Gulf markets saw investors remain skittish as a whole host of largely external factors…

Financial Results

Mashreq profit hits Dh1.76b

October 15, 2019

Mashreq reported on Monday a slight upswing in net profit to Dh1.76 billion for the first nine months. While…

Regulation, Risk & Compliance

Guidance on economic substance released

October 14, 2019

The United Arab Emirates issued guidance (Ministerial Decision No. 215/2019) on the scope and application of the economic substance regulations…

Legal

Ex-Barclays bosses worried about jail risk of £322m Qatar deal, court hears

October 14, 2019

Former Barclays bosses were worried that a side deal to pay Qatar £322m was one of the most dangerous parts…

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