Growing popularity of family offices in Gulf
Professionals operating in the Middle East market are often attracted by the increasing opportunities in the region to work with…
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Qatar Wealth Fund May Have Lost Billions on VW, Glencore Stakes
Qatar’s sovereign-wealth fund may have lost $4.6 billion in just two days from its stakes in Volkswagen AG and Glencore…
Emirates NDB mulls establishment of Islamic banking unit in RI
Emirates NBD, the Middle East’s largest banking group by assets, is considering establishing a new Islamic banking center in Indonesia,…
Bahrain Institute of Banking and Finance partners with England's University of Salford
The University of Salford in the U.K. has announced that it will be partnering with the Bahrain Institute of Banking…
ANB set to sell SR2bn capital-boosting sukuk
Arab National Bank (ANB) is close to completing a SR2 billion ($533.3 million) capital-boosting sukuk issue, sources familiar with the…
Guernsey Finance appoints Middle East representative
Guernsey Finance has appointed Zoë Cousens as its first ever Middle East representative. Mrs Cousens relocated to the region at…
Standard Chartered faces new scrutiny over Iran business ties
Standard Chartered Bank continued to do business with Iran and Iranian –related companies, even after committing in 2007 to stop…
Al Jazeira Services to sell 37% stake in tiles maker to Omani wealth fund
Al Jazeira Services is selling its 37 per cent stake in Muscat-based Al Anwar Ceramic Tiles for 41 million Omani…
Chinese investors eye real estate in Dubai as China’s property market loses shine
Chinese property investors have cast their sights on Dubai as a new investment destination as opportunities in China lose their…
Global law firm hires IDR Partner in Middle East
Squire Patton Boggs has announced the appointment of International Dispute Resolution partner Alain Farhad, who has joined the firm from…
Official Announcement Of HSBC Bank Middle East Limited To London Stock Exchange And Irish Stock Exchange
HSBC Bank Middle East Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc, which is currently incorporated and has its…
Abu Dhabi Global Market on track to open this year
Abu Dhabi Global Market, the UAE capital’s planned financial free zone, is on track to “go live” by the end…