HSBC opens new $250m headquarters in Dubai
HSBC Bank has announced the official opening of its new UAE headquarters built at an investment of $250 million at…
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Egyptian asset manager Rasmala bought by Italy's Azimut
Italian asset management company Azimut has agreed a deal to buyout one of Egypt’s biggest independent asset management firms, Rasmala…
Too many expats in UAE still view advisers as untrustworthy
The financial advisory community in the UAE is embarking on a new course in 2019 in line with the fast-changing…
Man Group to fight $156m Kuwaiti lawsuit
A Kuwaiti state pension fund is suing Man Group, the UK alternative investment manager, in a UK court for $156m.…
Entrepreneurship 'romanticised' too much, says Emirates NBD exec
The idea of entrepreneurship has been romanticised too much, with many young people setting up businesses while unaware of the…
Saudi 'corruption' purge grounds country's private jet fleet: Report
Saudi Arabia’s self-proclaimed crackdown on corruption has kept dozens of jets worth hundreds of millions of dollars stuck on the…
Dubai Land Department signs deal with ADIB
Dubai Land Department (DLD) recently signed a banking solutions memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) for…
Annual Meeting Of Arab Finance Deputies Starts In Abu Dhabi
The two-day Fourth Arab Finance Deputies meeting, organised by the Arab Monetary Fund, started in Abu Dhabi today to lay…
Largest Middle East banks: 2018 strength, 2019 M&As to accelerate
2018 is an excellent year for share price performance at the largest Middle East banks by market cap. As Douglas…
MetLife Names Khalaf CEO, Kandarian to Retire
MetLife Inc. on Jan. 8 named insider Michel Khalaf as its new chief executive officer to succeed Steven Kandarian, who…
Over 3,000 expats' contracts to be terminated in Kuwait
Kuwait's health ministry if cutting off 3,707 foreign workers aged over 55 as the country pushes forward its Kuwaitisation reforms.…
Andersen Tax Expands in Turkey
Andersen Global has nnounced an expanded presence in Turkey as local member firm, Andersen Tax, opens a fifth office in…