UAE’s KBBO Group hires banks for Centurion London listing
UAE’s investment company KBBO Group has hired Goldman Sachs and Morgan Stanley among others for an expected $1 billion-plus (Dh3.67…
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WFW Dubai expands with Islamic finance specialist partner hire
Watson Farley & Williams has expanded its finance group with leading banking and finance partner hire Neale Downes in the…
Bank Muscat wins ‘Oman Asset Manager of the Year’ award
In recognition of consistency in performance and strategic investment decisions in the middle of challenging market conditions, Bank Muscat Asset…
Emirates NBD to maintain retail, wealth management momentum
Emirates NBD expects to sustain double-digit growth in its retail and wealth management business for the full year, Suvo Sarkar,…
Meethaq launches Hafawa Priority Banking service across Oman in eight branches
Coinciding with the inauguration of Meethaq branch in Qurm, the first Hafawa Priority Banking centre was opened by Amal Suhail…
Al Salam bank announced as gold sponsor for women in the financial and banking sector conference
The Central Bank of Bahrain has announced Al Salam Bank -Bahrain as a Gold Sponsor for the "Women in the…
Qatar: Board members can be sued for liability only in 3 years
Qatar has said the enforceability of liability lawsuits against members of the board of directors has been reduced to three…
Blackstone Sells Midtown’s London Hotel to Abu Dhabi Fund For $382M
Just a month after news broke about Blackstone Group’s plan to buy Stuyvesant Town-Peter Cooper Village for $5.3 billion, …
Saudi Hollandi Capital taps up Miles Software for asset management automation
Saudi Hollandi Capital (SHC), the investment banking arm of Saudi Hollandi Bank has selected MoneyWare® suite for automating its Asset…
Barwa Bank announces 2nd round of Thara’a winners
Barwa Bank has announced the second round of draw winners for Thara’a, the bank’s newest high-profit Shariah-compliant savings account. …
Defining digital differences amid financial disruption
PayPal, TransferWise, Zopa, Fidor – nimble digital brands are radically disrupting financial services. Whilst traditional banks are investing…
Zurich to scale back general insurance business in the Middle East
Zurich today announced that it will begin a phased closing to new retail and small business customers in its general…