The new “bright spot” in investment banking recruitment
‘Richard’ had been working as a senior coverage banker in Dubai for over ten years, rising to managing director for…
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UAE banks’ practices are unfair and unethical
There is a serious misuse of the law that has been going on in the UAE, one that has not…
Venture Capital Bank reports 84% increase in net profit
Bahrain-based Islamic investment bank, Venture Capital Bank BSC, reported a net profit of US$ 15 million for the year ended…
Foreign investments in GCC slumps by 14.6 in 2013 — report
The foreign direct investment (FDI) in the Gulf Cooperation Council (GCC) states dropped by 14.6 percent in 2014, said Tuesday…
Private Banks need to adapt to changing needs of the region
Private banking land scape in the Middle East is fast changing with the rapid growth in private wealth, increased completion…
Commercial Bank announces new executive appointment
Commercial Bank has announced the appointment of Mr. Colin Macdonald as Executive General Manager, Business Enablement. Colin will play a…
KSA bank deposits hit SR1.5 trillion in June
Deposits in Saudi banks hit a record level of nearly SR1.5 trillion by the end of June, or an increase…
New generation wealthy wants more than wealth management
The new generation private banking customers are well educated and are highly sophisticated in their wealth management needs. Many of…
BTG Teams Up With Abu Dhabi Fund for Ariel Re Acquisition
Grupo BTG Pactual, Brazil’s only publicly traded independent investment bank, is partnering with shareholder Abu Dhabi Investment Council to expand…
Saudi Solidarity Takaful Company decides to take the automation of its operations to another level with ESKADENIA Software.
After going through a long phase of software evaluations, Saudi Solidarity Takaful Company choses ESKADENIA Software , the region's leading…
BIBF signs MoU for Islamic Banking MBA with University of Bolton (UK)
BIBF has signed an MoU with the University of Bolton (UK) to develop an MBA in Islamic Banking. As…
BRIC markets bring bigger capital in flow into UAE than MENA markets, with India topping the list: Fortress Investments
MSCI upgrade of the UAE to emerging market status places it within the BRIC grouping Dubai - Fortress Investments, a…