Wealth Manager Study Says Deals Surged as Prices Dropped
Mergers and acquisitions among wealth managers rose in 2013, with almost $760 billion of client assets traded, according to Scorpio…
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Al Habtoor eyes Xmas Eve opening for Waldorf Astoria Dubai
Dubai conglomerate Al Habtoor Group is set to expand its hotel portfolio with the launch of the Waldorf Astoria Dubai…
Reform Moves Raise Fund Managers' Optimism
Firms welcome initiatives aimed at opening markets to greater foreign participation and bolstering governance and transparency. When it comes to…
Ahlibank’s chief executive resigns
The board of directors of ahlibank has accepted the resignation of its chief executive officer Abdul Aziz Al Balushi, who…
KWMSJB opens first post-merger office in Riyadh
King & Wood Mallesons SJ Berwin has extended its footprint in the Middle East, through an exclusive association with the…
Commercial Bank of Dubai receives 'Islamic Bank of the Year' award
Attijari Al Islami, Commercial Bank of Dubai 's Islamic banking unit, has received the 'Islamic Bank of the Year Award…
Barwa Bank recognised as "Best Bank" at Islamic Business & Finance Awards 2013
Barwa Bank Group, Qatar's fastest growing Shari'ah compliant banking service provider, has been named as "Best Bank" and "Best Premium…
Combined wealth of world’s 50 richest Arabs rises to $266.21bn
The world’s 50 richest Arabs saw their combined wealth rise by just 3.46 percent to $266.21bn, according to the 2013…
Emirates NBD Asset Management Named ’UAE Asset Manager Of The Year’ For Second Year In Succession
Emirates NBD Asset Management has announced that it received the award for ‘UAE Asset Manager of the Year’ at the…
Egyptian financial regulator to retry sukuk rules in early 2014
Egypt's financial regulator will submit new rules to the government in January to facilitate issuance of sukuk, or Islamic bonds,…
Abu Dhabi Broker To Enter UK In 2014
The firm is also planning to launch an asset management and wealth management business next year. Abu Dhabi-based forex…
Alizz islamic bank launches Shari'a compliant cards
Alizz islamic bank, the newest Islamic bank in Oman, announced the launch of its Shari'a compliant Titanium and Platinum MasterCard…