Uncategorized

Awards and Recognition

Arab Bank Named Best Consumer Internet Bank in Jordan for the Fifth Consecutive Year

August 5, 2013

Arab Bank recently received the "Best Consumer Internet Bank in Jordan" award from the international magazine, Global Finance, for the…

Read More

Family Office

Sidra Capital goes live on Agile

August 5, 2013

Sidra Capital Limited, a Category-3A company, licensed by the Dubai Financial Services Authority  has completed the successful implementation of Agilis…

Read More

FinTech

Al Hilal Bank successfully deploys advanced ETHIX-PCD Islamic banking technology

August 5, 2013

Al Hilal Bank has announced that it has successfully deployed the ETHIX-Profit Computation and Distribution (PCD) Islamic banking system from…

Read More

Executive Moves

Michael Bevan to leave HSBC Mideast ECM role

August 5, 2013

Michael Bevan will leave his position as head of Middle East and Africa ECM for HSBC. He will move to…

Read More

Sovereign wealth

Abu Dhabi wealth fund caught in Brazil meltdown

August 5, 2013

  Mubadala Development, the Abu Dhabi sovereign wealth fund, is fighting to avoid losses on its $2 billion investment in…

Read More

Executive Moves

BNY Mellon Appoints Head of Institutional Distribution EMEA

August 5, 2013

  BNY Mellon has appointed Adrian Gordon as Head of Institutional Distribution for the Europe, Middle East and Africa (EMEA)…

Read More

FinTech

UAE banks support m-Government

August 5, 2013

The UAE Banks Federation has announced its support for the implementation of the UAE’s m-Government initiative, announced earlier this year…

Read More

Financial Results

LMC Posts Net Profit Of $2.18 Million

August 4, 2013

Emad Al-Monayea, Chairman of the Board of Directors and Ahmed Abbas, Chief Executive Officer of Liquidity Management Centre are pleased…

Read More

Uncategorized

'Havoc' as HSBC prepares to close diplomatic accounts

August 4, 2013

HSBC bank has reportedly asked more than 40 diplomatic missions to close their accounts as part of a programme to…

Read More

Comment & Analysis

Just because it’s gold doesn’t mean it glitters

August 4, 2013

“Gold-bugs” are still vocal, despite the mini-collapse in the gold price this year. We avoided the collapse, having reduced exposure…

Read More

Comment & Analysis

Has gold lost its lustre? by Guy Wagner, chief investment officer at Banque de Luxembourg

August 4, 2013

The fall in the price of gold gathered pace in the second quarter, the price per ounce shedding nearly 25%…

Read More

Executive Moves

Commercial Bank of Qatar names Al-Raisi as Chief Executive

August 4, 2013

Al-Raisi joined the bank in 1998 and worked in both the retail and corporate banking divisions before being appointed as…

Read More