Aon Hewitt Appoints New CEO for Middle East
Raymond Everett is appointed as Chief Executive Officer for the Middle East, responsible for leading expansion efforts across the region…
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DFSA Restricts Former Trader Noyan Ayhan
The Dubai Financial Services Authority announced today that it has imposed a restriction on Mr Noyan Ayhan, a former trader…
Natixis Said to Force Dubai Group Sale of EFG, Bank Muscat
Natixis SA is holding discussions to find buyers for Dubai Group LLC banking assets that back a $1.1 billion loan…
Nationalities with most number of wills registered in Dubai's DIFC
The DIFC Wills & Probate Registry, a joint initiative of the Government of Dubai and the DIFC Courts that gives…
QNB hackers dump data from Sharjah's InvestBank
Hackers have leaked files online believed to contain data on thousands of customers of Sharjah-based InvestBank UAE. The files…
Abu Dhabi Global Market Sets Out Proposal for FinTech Regulatory Framework in the UAE
The Financial Services Regulatory Authority of Abu Dhabi Global Market today published a public consultation paper setting out its proposal…
Byblos Bank Acquires Banque Pharaon & Chiha
Byblos Bank announced that it has completed the acquisition of 99.18% of the shares of Banque Pharaon & Chiha. …
GCC Luxury Sector Demonstrates Resilience Amid Global Economic Uncertainty, say UAE Industry Experts
The region's luxury sector is continuing to demonstrate resilience in spite of economic challenges, driven by investor recognition of the…
Dubai Chamber calls for stimulating partnerships between UAE, South African businesses
The Dubai Chamber of Commerce and Industry during its recent meetings held in Johannesburg, South Africa, called upon the public…
UAE approves creation of central Islamic finance authority
The UAE’s cabinet has approved the creation of a centralised Shariah authority that will monitor and set standards for Islamic…
Abu Dhabi's major investment drive mapped out in 2016 economic report
A new report on Abu Dhabi just produced by the global publishing, research and consultancy firm Oxford Business Group charts…
Abu Dhabi announces successful issuance of benchmark dual-tranche 5 and 10 years, US$ 5bn bonds
The Emirate of Abu Dhabi today announced that it has successfully issued its benchmark dual-tranche 5 and 10 years, US$…