EFG Hermes reports net profits of EGP 1.6 billion for FY2016
Robust top- and bottom-line growth were driven by prudent balance sheet management, a growing contribution from its new non-bank financial…
Uncategorized
47651 articles found
UK/UAE treaty allows expats to cash out pensions tax free
A new UAE-UK double tax treaty, which came into force on 1 January, means that British expats over 55 residing…
Arqaam Capital launches global macro hedge fund
Arqaam Capital, a specialist emerging markets investment bank, has launched a global macro multi-asset fund as part of its growth-led…
Experts tackle GCC financing challenge in Bahrain
The Bahrain Economic Development Board and Euromoney hosted 600 attendees the biggest crowd to date at the GCC Financial Forum. …
Kuwait Seeks to Attract Foreign Cash
Ali Taqi, head of equities at Rasmala Investment Bank, discusses the Kuwait Bourse seeking to attract foreign investment and the…
Deutsche Bank reduces check clearing in euros in Middle East
Deutsche Bank is to stop clearing checks denominated in euros for some banks in the Middle East, according to sources…
More real estate investment trusts expected in UAE
The asset manager behind the UAE’s second listed real estate investment trust expects more to follow. Emirates NBD Asset…
Global expands and diversifies its real estate holdings in the UK with two new acquisitions in the greater Manchester area
Acting on behalf of its clients, Global Investment House has unconditionally contracted to acquire two Grade-A commercial office space properties,…
Bank Nizwa reports first net profit since inception
Reflecting Islamic finance’s continued surge in popularity in Oman, Bank Nizwa reported its first net profit since its inception in…
Qatari connection casts long shadow over Barclays
On a balmy evening in 2007, the Tunisian wife of an Italian industrialist introduced a high-flying Scottish banker at Barclays…
Bank Leumi and Chinese Insurance Giant Ping An to Cooperate in Promoting Israeli High-Tech in China
Israel’s Bank Leumi and Ping An has signed a strategic cooperation agreement earlier this week to promote the entry and…
Falcon names new chairman, board members
Falcon Group, a Swiss private banking boutique, recently approved a new composition of the Board of Directors with Christian Wenger…