Saudi Arabia ranks No. 5 in Credit Suisse Emerging Consumer Scorecard 2015
Credit Suisse recently published its fifth annual emerging markets consumer survey. “Saudi Arabian consumer remains No. 5 in our…
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Middle Eastern sovereign wealth money still flowing, despite oil woes
The Carlyle Group’s David Rubenstein says that Middle Eastern sovereign wealth funds are making larger investments than ever before. …
Banque Misr: Real Estate Assets hike to EGP7.7 billion
Banque Misr , the second largest public sector bank in Egypt, currently registers real estate assets of around 7.7 billion…
The real ‘housewives’ of HSBC
It was just a day in the life of a housewife. Hanne Tox, a Danish woman then 57 years…
Mena firms told to project brands better globally
Local businesses in the UAE have called upon major companies in the Middle East to project their brands better abroad…
Bank Asya Seizure Hastens Turkey’s Islamic Finance Drive
Turkey’s takeover of Bank Asya is making the government an even bigger player in the Islamic finance industry, just as…
Pictet says clients are tilting to the East
Middle East investors are shifting their focus away from assets in Europe and the United States and towards the East,…
Commercial Bank of Qatar Q4 profit up 29pc
The Commercial Bank of Qatar Q.S.C. and its subsidiaries and associates announced today its financial results for the year ended…
Egypt 20th country with most Swiss HSBC bank accounts
Egypt is the 20th country with the most private dollar accounts at the Swiss subsidiary of the HSBC, with up…
Emirates NBD plans longest kangaroo bond From Middle East seller
Emirates NBD PJSC is planning to sell the longest-tenor Kangaroo bond from a Middle Eastern issuer. The Dubai-based bank…
Estimated 6,500 Israelis held $10 billion in secret HSBC bank accounts
A cache of secret bank files shows that HSBC's Swiss banking arm helped wealthy customers avoid taxes and hide millions…
Gov't signs draft deal for $100m soft loan with Kuwait fund
The Planning Ministry and the Kuwait-based Arab Fund for Economic and Social Development recently initialled a draft agreement for a…