National Bonds Corp appoints new Sharia Supervisory board members
The Sharia board will also review and evaluate the NBC’s contracts, agreements, policies, yearly reports, financial reports, as well as…
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UBS hires from Coutts for head of Middle East super-wealthy client business
UBS has named Amir Sadr as head of its ultra high-net worth business in Middle East Northern Africa (MENA).He is…
Addleshaw continues management overhaul with Gulf and Asia heads
Addleshaw Goddard managing partner John Joyce has installed Gulf and Asia regional office heads in the latest stage of ongoing…
Bank Sohar CEO Kalmoor awarded By UK's IFM
Working in the banking sector since 1978, Bank Sohar chief executive officer Dr Mohamed Abdulaziz Kalmoor has made significant contributions…
Citigroup names new Middle East senior executive
Citigroup Inc., which gets about half of its revenue from emerging markets, named Carmen Haddad as chief executive officer for…
UAE Bank Warns That Dubai’s Property Market May Crash
The property market in Abu Dhabi and Dubai has shown the first signs of instability, with the central bank of…
ADIB aims to keep Barclays customers in the fold
Abu Dhabi Islamic Bank says it expects almost all of the customers that it inherited from its purchase of the…
Mena task force lauds Qatar’s measures in anti-money laundering
Qatar has said it is committed to the highest standards of anti-money laundering and combating the financing of terrorism (AML/CFT)…
Islamic Development Bank Approves USD 447.6 mln for Projects in Member States
The Islamic Development Bank (IDB) on Monday approved USD 447.6 million towards financing several new development projects in a number…
UAE lender NBAD’s head of asset management quits
Abu Dhabi: The chief investment officer of National Bank of Abu Dhabi’s asset management group is leaving the bank, sources…
Dubai to Host Family Business Global Summit 2014
More than 800 members from 50 countries expected to attend the first Family Business Network International event to be held…
Sukuk will feature in liquidity guidance given to Islamic banks -IFSB
The Malaysia-based Islamic Financial Services Board (IFSB) will issue draft guidance by year-end on how Islamic banks, which face a…