UBS said to relocate Dubai bankers amid investment bank cuts
Switzerland’s biggest bank, is cutting investment banking jobs in Dubai and relocating executives as it focuses on asset management and…
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Regulations, expectations stymie funds in ME
Across much of the Middle East, economic growth is strong and financial markets are picking up. But there is surprisingly…
Commercial Bank of Qatar reports 7% increase in first quarter profit
Commercial Bank of Qatar on Wednesday said it will focus on growing its international operations as domestic growth is under…
Bank Audi profit falls on costs of Turkish unit launch
Lebanon's Bank Audi reported a 9.5 percent drop in first-quarter net profit to $85.5 million from a year ago, weighed…
Security and pension doubts revealed by affluent investors in Asia and Middle East – RESEARCH
Friends Provident International has announced the findings from its latest Investor Attitudes report; a key outcome being that Asian and…
Path Solutions successfully deploys iMAL at Maisarah Islamic Banking Services
Path Solutions announced that Maisarah Islamic Banking Services, BankDhofar’s Islamic banking window has successfully gone live with iMAL Islamic core…
National Bank of Kuwait First-Quarter Profit Beats Estimates
National Bank of Kuwait SAK, the country’s largest lender, posted a 0.4 percent rise in first- quarter profit, beating estimates,…
Union National Bank's Q1 net profit rises 4.2 pct
Union National Bank, jointly owned by the governments of Abu Dhabi and Dubai, posted a 4.2 percent increase in first-quarter…
Nakheel net profit rises 36%
Nakheel reported a 36 per cent increase in its first quarter net profit to Dh491 million, boosted by unit deliveries…
Regulations and expectations stymie funds in Middle Eas
Across much of the Middle East, economic growth is strong and financial markets are picking up. But there is surprisingly…
Global funds outperform their respective benchmarks during the first quarter 2013
Global Investment House has announced that the equity funds managed by the MENA Asset Management team have recorded remarkable performance…
Bakers seals merger with top UAE law firm Habib Al Mulla
Baker & McKenzie is merging with respected United Arab Emirates leader Habib Al Mulla & Company. The merged firm, which…