The do-or-die questions boards should ask about technology
Some organizations are creating new technology forums, building the expertise of corporate directors, and strengthening IT governance—all with the aim…
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Societe Generale Securities Services sets up in Tunisia
Societe Generale Securities Services (SGSS) is setting up in Tunisia in order to develop its custody services offer. Located in…
Baker Botts in talks to take sizeable Norton Rose Fulbright team in Dubai
Baker Botts is in talks to take on a large chunk of Norton Rose Fulbright’s Dubai operations amid a rift…
Citibank next to withdraw from UAE's Eibor rate panel
Citibank has withdrawn from the panel that sets the UAE's interbank rates, becoming the second global bank to stand down…
Citi and Bahrain Association of Banks Host ‘Women in Banking’ Roundtable
Citi Bahrain and the Bahrain Association of Banks (BAB) recently organized a 'Women in Banking' roundtable that determined that there…
Dubai World makes first major asset sale since crisis
Dubai World, the state-linked group whose $25 billion of debt brought the emirate to the brink of financial collapse in…
FTSE Opens Dubai Office as Base for Africa Push
FTSE Group, the global index provider wholly owned by the London Stock Exchange Group (LSE.LN), said it is plotting…
Israel Discount Bank closes Paris representative office
Israel Discount Bank has closed its representative office in Paris, and is scaling back its activity in Zurich to…
Gold looks like the ultimate high risk, low reward investment", says Argonaut
Gold and silver are now 26% and 55% off their respective 2011 highs of $1,897/oz and $48/oz. “The most…
QFB launches Shariah-compliant high-end card
Qatar First Bank (QFB) yesterday announced the launch of the first Shariah-compliant metal World Elite MasterCard Charge Card in…
Signs of M&A revival in Middle East as activity picks up
After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to…
German seeks damages for bank accounts freeze
A German at the centre of a Dubai Bank fraud investigation is seeking damages for the freezing of Sh635 million…