QNB Group signs MOU with Attijariwafa Bank of Morocco
World's Strongest Bank, has signed a Memorandum of Understanding with Attijariwafa Bank, the first Bank in Morocco and one of…
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UBS Says QE's End May Render Gold 'Obsolete'
Swiss bank UBS is warning that gold's appeal as an inflation hedge and as an alternative to the U.S.…
HSBC considers quitting Iraq
There has been speculation in the Iraqi banking market about the 70.1 percent holding for some time and Simon Cooper,…
The Outgoing Sheikh Of Qatar Pulled Off A Financial Miracle
The ruler of Qatar, Sheikh Hamad bin Khalifa al-Thani announced today that he would hand power over to his son,…
Islamic finance lobby plans regional network
The General Council for Islamic Banks and Financial Institutions (CIBAFI), a non-profit organization headquartered in Manama, has traditionally focused on…
64% Saudi HNWIs successfully maintain wealth during downturn
Sixty-four percent of Saudi HNWIs (high net worth individuals) successfully maintained their wealth during the recent economic downturn, of which…
Gold Prices Are Headed to Pre-QE Days: Credit Suisse
As the sell-off in gold continued into Monday morning, analysts told CNBC that investors need to re-examine their expectations of…
Biggest UAE bank Hires Standard Chartered's Private Bank CEO
Emirates NBD's appointment of a senior Standard Chartered banker with Asia experience as its new group chief executive reinforces the…
Qatar and France launch $200m investment fund
France and Qatar launched a mixed Franco Qatari fund on Sunday to invest €300 million in small and medium…
UAE- Bank payment obligation rules in region launched
The Dubai Chamber of Commerce and Industry, in partnership with the Regional Banking Commission Middle East and North Africa of…
Libor scandal: regulators launch global review
Global regulators are to launch one of the widest reviews of interbank lending rates and establish a taskforce to…
QNB launches diamond-embedded credit card for VIP customers
QNB has launched the “first exclusive” diamond-embedded QNB Private World Elite MasterCard credit card in the Middle East and Africa…