Revealed: 175 of UK's super-rich were born in the Gulf
Around 175 super-rich residents living in the UK were originally born in one of the six Gulf states, representing around…
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Fine art in Middle East unaffected by regional turmoil
Amid rising geopolitical tensions in the Middle East, art market experts say that demand is unlikely to soften for the…
Private banking industry faces rising client expectations
The private banking industry is facing increased investor scrutiny in terms of performance and risk management practices in the post-financial…
An asset class goes mainstream
Islamic finance, particularly fixed income instruments known as Sukuk, has come of age and is now an integral component of…
SABB profit up 17.8% for nine months
The Saudi British Bank has reported a net profit of SR3,297 million for the nine months ended Sept. 30, an…
Kuwait's Burgan Bank says plans 21.6 mln dinar rights issue
Burgan Bank , Kuwait's third-largest lender by assets, will launch a 21.6 million dinars rights issue by the end of…
Islamic Transaction Banking: Differentiation through innovation
The Islamic banking industry is steadily transitioning from infancy towards maturity with impressive double-digit growth in Islamic assets recorded year…
National banks differ on standalone risk profiles
Despite common characteristics and strong financial fundamentals, top three Gulf national banks such as Qatar National Bank National Bank of…
Daman Investments Title Sponsors 2014/2015 UAE International Pairs golf tournament
OnCourse Golf, promoters of the UAE International Pairs golf tournament, announced that Daman Investments, one of the leading UAE-based regional…
CEO of Dubai's gold exchange resigns due to ill health
Dubai Gold and Commodities Exchange said on Sunday its chief executive officer, Gary Anderson, had stepped down due to ill…
Top three GCC national banks gain in profitability and asset quality
Gulf region’s top three national banks — Qatar National Bank (QNB) National Bank of Abu Dhabi (NBAD); and National Bank…
ADIB again named 'Best Islamic Bank in the UAE' by Global Finance Magazine
Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, has been named 'Best Islamic Bank in the UAE' at…