Royal Bank of Scotland's Mideast, Africa head resigns
Royal Bank of Scotland's Chief Executive Officer for the Middle East and Africa has resigned, a spokeswoman from the bank…
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Sheik Spars With UBS Over $20 Million Fee
A Kuwaiti sheikh alleges that a senior executive at Switzerland's UBS AG offered $20 million to get the bank…
Saudi bank profit seen to ease in 2013
The Saudi Arabian banks are likely to register a lower profit growth this year owing to increasing competition and…
NCB wins the "Best Islamic Project Finance Deal"
The National Commercial Bank leads anew in banking industry confirming its leadership in the arena of Islamic finance for…
Latham & Watkins announces new appointment to Islamic finance team
Latham & Watkins announces new appointment to Islamic finance team Meher's practice focuses on conventional and Islamic finance, debt restructurings,…
Gold shines in Dubai as trade said to hit record $70bn in 2012
Dubai’s gold trade is estimated to have exceeded $70 billion in 2012, hitting record highs as more of the precious…
World’s wealthy people shed $15b
The 100 wealthiest people on the planet dropped $15.2 billion from their collective net worth this week as Cyprus struggled…
SEDCO Capital Opens Riyadh Office as Global Funds Offering Continues to Grow
SEDCO Capital , the Jeddah based asset management company, has opened its first office in Riyadh. The office, which is…
Misys launches new range of online and mobile banking products
At the ' Misys MENA Market Forum 2013' today Misys is announcing its new innovative range of online and mobile…
Senior finance lawyer brings diverse expertise to Islamic Finance practice
Transactional lawyer with broad experience and market knowledge further strengthens Middle East practice Riyadh: Amar Meher has joined the Law…
Ex-Morgan Stanley private banker to lead EMEA global family office group at Swiss private bank
UBS has hired the former head of Morgan Stanley’s private wealth management business in Europe, the Middle East and Africa…
Standard Chartered in 'wilful' breach apology
The bank has issued a regulatory announcement in which Sir John admitted the claims he made at a press conference…