Global banks jostle to tempt the rich in the Arabian Gulf
The global economic slowdown and the shrinking fortunes of rich clients have shaken the wealth management industry to its core…
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NBE Awards $3.4 Million Contract to Polaris
The National Bank of Ethiopia has signed a 3.4 million US dollar contract with Indian company Polaris Financial Technology…
Indian Mutual Funds, PE, wealth managers may face regulatory hurdle in UAE
Indian mutual funds, private equity houses and wealth managers may run into a regulatory hurdle in the United Arab Emirates…
Sukuk issuance beats conventional bonds in GCC, says Standard and Poor's report
Corporate and infrastructure issuers in the Gulf region may increasingly rely on sukuk, the Islamic equivalent of bonds, as a…
Morgan Stanley commodities talks with Qatar hit snag
Morgan Stanley's (MS.N) talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty,…
Three largest advisers in UAE revealed: survey
A total of 3,700 advisers are working in the UAE, which is a far bigger number than previously estimated and…
Janus Capital appoints Head of Middle East, opens Dubai office
Janus Capital has announced the appointment of Meshal Jaber Al Faras, as Head of the Middle East for Janus…
Arab Banks' profits set to increase
Arab banks are expected to post net profits of $38 billion by end of 2012 financial year, a three per…
Gulf International Bank wins prestigious award from the Banker Magazine
Gulf International Bank has been named by The Banker magazine as the “Most Innovative Investment Bank from the Middle…
Saudi Holland Bank shareholders approve 1.4 bln-riyal sukuk
Saudi Hollandi Bank shareholders have agreed to issue an Islamic bond, or sukuk, worth 1.4 billion riyals ($373 million) to…
KFH Sukuk arm continues to build leadership as leading Sukuk advisor to sovereigns
Liquidity Management House For Investment K.S.C.C 'Liquidity House', the Sukuk arm of Kuwait Finance House K.S.C., continues to build its…
Kuwait- Burgan Bank gets approval to acquire Eurobank Tekfen
Kuwait’s Burgan Bank announced Saturday that it had received the Central Bank of Kuwait’s approval on a share purchase…