Ashmore launches Turkish equity SICAV
Ashmore Investment Management, an emerging markets specialist, has launched a SICAV fund investing in Turkish equities. Ashmore SICAV Turkish Equity…
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REFILE-Former StanChart capital markets specialist joins Abu Dhabi bank
Standard Chartered's head of capital markets for the Middle East, North Africa and Pakistan is joining First Gulf Bank as…
DIFC says open to tie-ups with Abu Dhabi
Dubai International Financial Centre would be open to co-operation with Global Marketplace Abu Dhabi (GMAD), an upcoming financial free zone…
Dubai World names new CEO for Istithmar investment unit
Dubai World , the state-owned conglomerate that completed a $25 billion debt restructuring in 2011, named on Monday Ziad Makkawi…
Banks begin implementing SAMA's new rules
Saudi banking institutions have begun implementing 12 legal clauses imposed by the Saudi Arabian Monetary Agency ( SAMA ) following…
Global appoints Asset & Wealth Management head
Global Investment House announced today the appointment of Mr. Raul Biancardi in the capacity of Executive Vice President to head…
Barwa Bank Announces Senior Management Changes
Barwa Bank , Qatar's fastest growing Shari'ah compliant banking service provider recently announcd aseries of changes to its leadership team…
Kuwait''s Warba Bank plans to diversify services – CEO
Warba Bank's plans to diversify banking services in order to compete in domestic market coupled with the bank's existing solid…
Qatar bolstering wealth fund team to diversify portfolio – sources
Qatar's sovereign wealth fund, one of the world's most aggressive investors, is hiring senior bankers and industry executives to lessen…
Jordan bank adopts Microsoft technology
As per its strategy, Jordan Dubai Islamic Bank (JDIB) has implemented Microsoft's Virtual Desktop Infrastructure (VDI), making it the first…
UAE Exchange Wins Awards
UAE Exchange Bahrain has been named the best money exchanger in Bahrain 2013 by Global Banking and Finance Review,…
HSBC suspends wealth management in three MENA countries
HSBC Holdings will stop offering wealth management products in Bahrain, Jordan and Lebanon as the British lender continues to exit…