Barwa Bank and International Bank of Qatar in advanced merger talks
Qatari lenders Barwa Bank and International Bank of Qatar are in advanced talks to merge after discussions for a three-way…
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Emirates Islamic appoints new CEO as profits soar
UAE-based Emirates Islamic has announced the appointment of former Emirates NBD senior executive Salah Amin as its new CEO. …
Egyptian broker to expand regional coverage as it eyes super rich
Egypt-based broker EFG-Hermes, which operates a stockbroking unit in Kenya, is set to expand its research coverage and investment banking…
Robo Advice and beyond. What are the gains?
Regulatory changes and the emergence of digital entrants into the wealth management space have indeed affected the industry in several…
Abu Dhabi fund moves on Abraaj asset management business
Abu Dhabi Financial Group has emerged as a bidder for the asset management business of Abraaj, the Dubai-based private equity…
Forbes lists 4 Egyptian companies among the top 100 powerful companies in the MENA
Forbes Middle East Magazine has listed four Egyptian companies among its list of 100 most powerful public companies in the…
UAE Central Bank caps retail banking fees in boost to expat-friendly economy
The Central Bank of the UAE said on Tuesday it has set a maximum limit on fees and commissions charged…
Wealth managers see AI as a game changer for HNWI and mass affluent, new Forbes Insights and Temenos report reveals
Wealth managers that fail to leverage the opportunities offered by artificial intelligence (AI) technologies face an existential crisis, according to…
T Rowe's Bell: untapped Saudi Arabia potential is huge
Saudi Arabia will almost certainly be approved this week for an upgrade from its standalone classification to the MSCI Emerging…
UAE cbank sets new caps on banking fees
The UAE Central Bank has announced new maximum limits or ‘caps’ for fees or commissions charged on retail customer service…
Luxury Hotel Units in UAE Available for Purchase in Bitcoin
Luxury hotel units at Al Mahra Resort by Cristal can now be purchased in Bitcoins or similar digital currency. The…
Global financial firms join DIFC community
Dubai International Financial Centre, said on Tuesday that three new major international companies; Berkshire Hathaway, State Street Global Advisors, and…