Emirates NBD named 'Best Bank in the UAE'
Emirates NBD, recently announced that it had been named the "Best Bank in the UAE" at the Euromoney Awards for…
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Saudi Prince sues Forbes for underestimating his wealth by $9 billion on its ‘rich list’
Prince Alwaleed bin Talal is a very rich man. By Forbes’ conservative view he’s worth $20 billion, which ranks him…
One fifth of High Net Worth wealth in GCC managed by women
Kuwait Financial Centre “Markaz” has recently published a report titled “When GCC Women Invest: An Underserviced Market”. Based on the…
SPDR appoints EMEA head
Alexis Marinof has been appointed head of SPDR ETFs for Europe, Middle East and Africa, based in London. Marinof…
Private deposits at Oman banks rise 9.2% in first quarter
The total value of private deposits at the commercial banks in the Sultanate as of the first quarter…
Lessons in Islamic finance for Korean banking professionals
Banking executives from Korean Federation of Banks recently participated in a training course on Islamic finance in collaboration with Qatar…
Investors reassessing asset allocations
Speculation that the US Federal Reserve may tighten its quantitative easing policy has caused investors to reassess their asset allocations.…
Bankers want twin-pronged attack on richest pickings
Private bankers are rallying behind the one-bank model of cross-selling investment banking services, insisting that it is essential to…
Venture Capital posts net profit of $20.2m
Bahrain-based Venture Capital Bank yesterday reported a fifth consecutive quarter of profitable performance. The regional Islamic investment bank posted…
CBQ and QIB to increase shares available to foreign investors
Commercial Bank of Qatar (CBQ) and Qatar Islamic Bank (QIB) have asked Qatar Exchange to increase the number of…
Qatar steps in with $7.1 bln support for property firm
Qatar stepped in with $7.1 billion of financial support for its ailing property firm Barwa Real Estate on Thursday, buying…
One out of every 25 of your UAE neighbours is a millionaire
The rich are becoming even richer, the BCG Wealth Report concludes The UAE has the world’s ninth…