Kuwait's Burgan gets approval for stake buy in Maltese bank
Burgan, the commercial banking arm of Kuwait Projects Co (KIPCO), said in October it was planning to buy the…
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EFG-Hermes to slash jobs after QInvest deal collapses
EFG-Hermes Holding is cutting jobs as part of a plan to reduce costs after talks with Qatar's QInvest to…
Lloyds to close Dubai private banking business
Lloyds Banking Group, the lender bailed out by the UK government, is to close its offices in Dubai as…
Israel's three biggest banks post mixed Q1 results
Hapoalim profits fall below expectations; Leumi boosted by one-time gain of NIS 180 million from the sale of shares…
Wealth Managers Face Tall Hurdles to Build on Rebound – RESEARCH
Faced with troublesome industry trends that will likely lead to lower growth and profitability over the next five years, wealth…
NBAD expands custody services to NASDAQ-Dubai
The National Bank of Abu Dhabi, has become a Direct Custodian for NASDAQ-Dubai, thus availing Direct Custody services for…
Insights into Islamic Investment Management from a Charterholder in Jordan
To gather insights into Islamic investment management from experienced CFA charterholders from different countries, we will be conducting a series…
Israel's capital market has too much money ahead (and that's a problem)
Prophesy, as everyone knows, is given to fools. So we'll risk sounding foolish and say that the Israeli capital market…
Bank Muscat buys HSBC Bank Oman's point of sale business
Bank Muscat has signed an agreement for the referral and transfer of the assets of the merchant acquiring (point of…
EX-RBS CEO set to join UAE bank First Gulf Bank
Simon Penney, the former CEO of Royal Bank of Scotland's Middle East and Africa operation, is set to make reappearance…
GCC women's wealth estimated at USD224bn
Kuwait Financial Centre " Markaz " has recently published a report titled "When GCC Women Invest: An Underserviced Market". Based…
Addleshaws launches Qatar office with duo of hires
Addleshaw Goddard has hired partners Hussein Damirji and Martin Brown from Patton Boggs and Dentons respectively to launch an office…