World Finance names QFB chief ‘Banker of the Year’
World Finance magazine has named Qatar First Bank newly-appointed acting chief executive officer as “Islamic Banker of the Year for…
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Saudi Fransi Capital wins "Best Local Investment Bank in Saudi Arabia"
Saudi Fransi Capital , one of the leading investment companies in Saudi Arabia, has been named the Best Local Investment…
Kuwaiti company appoints wealth head
Kuwait Finance and Investment Company (KFIC) appointed Thamer Ali Al-Tahous as the Head of Wealth Management Department in the Assets…
Japanese banks to handle Iran’s food and medicine transactions
Three major banks in Japan have announced readiness to handle transactions related to Iran’s food and medicine trade, the Central…
Rich get richer but give less to philanthropy
Even as the rich are getting richer - by as much as US$1 trillion, up 18.5% from a year ago,…
Veteran Saudi central banker to head Arab Monetary Fund
The Arab Monetary Fund (AMF) has appointed former Saudi central banker Abdulrahman bin Abdullah al Hamidy as director general and…
EFG-Hermes sells 19% Damas stake for $150 million
The private equity arm of Egyptian investment bank EFG-Hermes has sold its 19 per cent stake in jeweller Damas International…
Egypt lifts ban on brokerage firms trading foreign stocks
Egypt's financial regulator, as part of a broader effort to invigorate the country's financial markets, has lifted a ban on…
30% of customers to go digital: Emirates NBD
Emirates NBD is looking to increase the number of its internet and mobile banking customers by 4 per cent this…
Zurich Int’l Life chief marketing officer in Dubai
Zurich International Life has appointed a Dubai based chief marketing officer. Yusuf Jehangir will be responsible for strengthening Zurich’s…
Doha Bank eyes wholly-owned subsidiary for India operations
Doha Bank, which is set to a start full-fledged branch in India in eight months, is inclined towards establishing a…
Al Salam Bank launches fund
Al Salam Bank-Bahrain has launched the world's first Asian real estate investment trust fund that invests along Sharia principles. …