Uncategorized Archives - Page 2672 of 3971 - Managers of Wealth Middle East

Emirates NBD Asset Management Signs Agreement with UTI International for Indian Funds

October 18, 2016

Emirates NBD Asset Management today announced its collaboration with UTI International, one of India’s largest money managers. The agreement aims…

FinTech

Emirates NBD makes a big leap forward in hi-tech banking

October 17, 2016

Emirates NBD, UAE’s largest lender as at the close of the first half of 2016 is in a hurry to…

Financial Results

Mid East Stocks Third Quarter Bank Results May Weigh on Gulf

October 17, 2016

Stock markets in the Gulf may start the week on a lower footing as global markets offer little positive impetus…

Regulation, Risk & Compliance

Retail banking faces pressure from slowing economy

October 17, 2016

The economic slowdown following the prolonged decline oil prices is exerting pressure on retail banking business in the country and…

Investment Banking

Qatar said to halt future equity investment in troubled Deutsche Bank

October 17, 2016

The Qatari royal family has reportedly pulled the plug on future equity investment to beleaguered Deutsche Bank. The alleged…

Insurance

Al Salam Bank-Bahrain signs an agreement with Takaful International

October 17, 2016

Present at the signing ceremony held at the Bank’s headquarter office in the Bahrain World Trade Center were Mr. Anwar…

Financial Results

Saudi British Bank reports Q3 net profit down 12.72 per cent

October 17, 2016

Total assets were down 5.73 per cent at SAR 185.9 billion. Loans and advances were down 2.85 per cent at…

Hedge Funds & Alternative Investments

Alba Successfully Closes $1.5 Billion Syndicated Loan

October 17, 2016

Aluminium Bahrain B.S.C., home-base of the Line 6 Expansion Project, is pleased to announce the successful closing for its…

Investment Banking

Goldman wins its Libyan defence, but one has to question what price its reputation?

October 17, 2016

It is easy to look at the financial world today and see nothing but a spiral of disorder, dysfunction and…

Mergers & Acquisitions

Oman's Bank Dhofar says ends talks on proposed Bank Sohar merger

October 17, 2016

Oman's Bank Dhofar BDOF.OM has ended merger negotiations with smaller rival Bank Sohar BKSB.OM after the two sides were unable…

FinTech

Abu Dhabi Securities Exchange launches blockchain for E- voting service at GITEX, the first ot its kind in MENA region financial markets

October 17, 2016

Abu Dhabi Securities Exchange will announce today in GITEX Tech Week its launch of Blockchain technology for eVoting services. …

Comment & Analysis

British expats in UAE ready to cash in on weak pound again as remittances surge

October 17, 2016

British expats across the region will be getting ready to cash in on renewed sterling weakness if the pound comes…

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