GCC economies thriving on back of high public spending, low debt
The onset of the global crisis has shortened investors’ investment horizons, stoked preferences for liquid assets and dramatically shifted…
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Bank Muscat's nine-month net profit increases by 24 per cent
Bank Muscat, the largest financial institution in the Sultanate, posted a net profit of OMR126.73 million for the nine months…
KPMG named ‘Best Global Adviser for Taxation Services’
KPMG has been named the “Best Global Adviser for Taxation Services” by Euromoney at its 2014 Real Estate Awards. The…
LGIM appoints retail distribution head for EMEA
Legal & General Investment Management has appointed Honor Solomon as head of retail distribution for Europe, Middle East and Africa.…
Banks need to boost vigil against financial crimes: Seetharaman
Seetharaman addressing the session on “Customer Risk Ratings and Evolving Nature of Financial Crime” at BNY Mellon, New York yesterday.…
Coutts expands Middle East team with Barclays Wealth hire
Coutts has announced the appointment of Rod Sampson as Executive Director, Relationship Management. Rod will be based in Dubai and…
Commercial Bank of Dubai enables customers to make transactions through Facebook
The Commercial Bank of Dubai has launched a Facebook initiatve which enables UAE residents to make bank transactions from their…
Optimistic outlook for Gulf Islamic banks
While not everything in the garden is exactly rosy, there is no doubt that the message being delivered by Standard…
Dubai International Financial Centre Introduces New Qualified Investor Funds Regime
As a result of an extensive benchmarking process against established fund regimes in Luxembourg, Cayman Islands and Ireland, the Dubai…
FAAIF Brings Islamic Finance to the United States
FAAIF CEO Camille Paldi says the potential for Islamic finance, sukuk, and takaful is huge in the United States. FAAIF…
Iranian investment scene 'improving' as relations thaw
International investors looking to exploit opportunities in Iran have been meeting for the first time in concert since the country's…
Citigroup to continue Egypt operations
Citigroup on announced that it intends to exit its consumer businesses in 11 markets. However the bank clarified that it…