Europe’s banks begin tentative return to Iran
European banks are tentatively re-engaging with Iran as the Middle East’s second-largest economy slowly emerges from a sanctions regime that…
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Yas Island turning into key Abu Dhabi residential hub
Yas Island, a man-made island developed by UAE-based Aldar Properties in Abu Dhabi, UAE, is slowly evolving from being a…
ADIB releases outlook on regional and global investment climate
Mohammed Azab, Head of Private Banking, and Shahzad Ali, Head of Investment Advisory (Private Banking), presented the outlook to 100…
Friends Provident International appoints Philip Cernik as Chief Marketing Officer, MEA
Friends Provident International has appointed Philip Cernik as Chief Marketing Officer for the Middle East and Africa region. Cernik, who…
‘Oasis of Innovation in Islamic Economy’ digital portal launched
The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority officially launched today the digital portal of…
Libya asks UN to ease wealth fund sanctions
Libya on Thursday asked the UN Security Council to allow its sovereign wealth fund to manage accounts frozen under UN…
Maxim Perlin joins Renaissance Capital as Head of MENA Trading
Mr. Perlin will report to Ahmed Badr, Chief Executive Officer, Renaissance Capital, MENA, and will work closely with teams in…
Abu Dhabi developer reveals plans for UAE's largest aquarium
It will be built on 2.4km of waterside land in the Maqta area of the city under a musataha agreement…
Ithmaar Bank shareholders approve new group structure plans
Shareholders with Ithmaar Bank, an Islamic retail bank based in Bahrain, recently approved of the new group structure plans that…
HSBC's Saudi Division Made $42 Million Provisions to Pay Fines
HSBC Holdings Plc’s Saudi unit made provisions of 162 million riyals ($42 million) over the past two years to pay…
GlobeOp Founder Returns to SS&C
SS&C Technologies has announced the appointment of Ron Tannenbaum as Managing Director of Business Development for Europe, Middle East, and…
Hapoalim CEO Quits After Building Bank Into Israel's Largest
Bank Hapoalim Ltd. Chief Executive Officer Zion Kenan is stepping down after a seven-year tenure that saw the Israeli bank…