Documents Said to Tie Former RBS Unit to bin Laden Family Members
German customs authorities have confiscated documents from a former unit of Royal Bank of Scotland showing that family members of…
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Ahlibank Qatar unveils new brand identity
The new identity marks the first of a series of planned developments for Ahlibank over the coming months, following investment…
SWFs gorging on alternatives, Invesco survey say
A year of solid returns for global equities hasn't derailed a broad-based push by sovereign wealth funds into alternative strategies,…
Al Hilal Bank plans $500m capital-boosting sukuk
Abu Dhabi's Al Hilal Bank plans to raise $500 million from a capital-boosting Islamic bond issue, a document from lead…
Remit2India launches 24/7digital remittance services for UAE NRIs
“While India remains the largest recipient of international remittances according to World Bank figures, touching $70 billion in 2013 alone,…
Barwa Real Estate selling project to Qatari Diar for $2.5 bln
Qatari property developer Barwa Real Estate said on Monday it was selling its 95 percent stake in Barwa Commercial Avenue…
SYZ & Co opens a representative office in Dubai
Banque SYZ & CO has announced the opening of a representative office in Dubai. The new office will be…
Iran seeks to resolve HSBC freeze on some trade financing, sources say
Iran is lobbying to get HSBC to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns…
SABB awarded multiple Treasury Awards in Saudi Arabia
The Saudi British Bank " SABB " was named winner across 3 Treasury related categories for 2014 from The Banker…
Saudi's Al Rajhi Capital to launch first sukuk fund
The investment banking arm of Saudi Arabia's Al Rajhi Bank has received regulatory approval for its first mutual fund that…
Egypt's Beltone Financial offers itself for EFG Hermes takeover
Egypt's Beltone Financial Holding will offer itself for acquisition by EFG Hermes if it is successful with a joint bid…
Gulf growth drawing global funds to set up shop
International asset management firms are showing renewed interest in setting up in the Gulf, drawn by markets performing better than…