Chemi Peres launches Middle East investment fund
Peres, Jonathan Kolber and Assaf Shariv have so far raised $15 million for the Amelia fund. Chemi Peres, founding…
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Private Banking Special 2014: State Of The Wealth
Six years after the near meltdown be fierce when it comes to generating “With research from BCG showing that of…
UAE is central to HSBC’s global SME strategy
Global banking giant HSBC sees the UAE as central to its small and medium enterprises (SME) strategy following a strategic…
Evolving business role of finance chiefs reviewed
The role of chief financial officers (CFOs) in Bahrain has become more holistic, requiring an understanding of many business aspects,…
Loyal depositors shoulder Turkey's Bank Asya while political war rages
Selling everything from their sofas to their wedding rings, Bank Asya clients are battling to shore up the Turkish lender…
JP Morgan Private Bank Middle East head takes swimsuit and googles everywhere
Jonathan Conner is the head of the Middle East at JP Morgan Private Bank. The 48-year-old American, who began his…
Egypt to witness huge growth in electronic payments
The 5th Emerging Markets Payments Conference (EMPC) kicked off on 26 September in Sharm El-Sheikh, gathering key decision makers from banks…
National Bank of Kuwait Says Sells Qatar Bank Stake For $538m
National Bank of Kuwait, the largest Kuwaiti bank, announced today that it has agreed to sell its 30% stake in…
Dubai Financial Regulator Seeks To Wind-Up Local Arm Of Espirito Santo
Dubai’s financial regulator is seeking court approval to wind up the local arm of Portuguese financial group Espirito Santo, the…
New GCEO for Al Ghurair Investment
AGI Chairman Abdul Aziz Al Ghurair commented, “We welcome Adil Toubia as Group CEO of Al Ghurair Investment. Adil…
Dentons advises Burgan Bank on $500 million issuance
Dentons has advised Burgan Bank on the issuance of US$500 million Perpetual Tier 1 Capital Securities, which completed on 30…
Sharia-compliant sukuk make good investment sense
Islamic finance, particularly fixed-income instruments known as sukuk, has come of age and is now an integral component of the…