Dubai's Arqaam to buy Libya financial services firm
Following the close of the acquisition, the company will operate under the name Arqaam Capital Libya. Rashad has…
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Goldman, Morgan Stanley lose top Qatar bankers to local firms
Morgan Stanley and Goldman Sachs Group Inc have lost their two top Qatar executives to local firms, three sources said…
National Bank of Abu Dhabi to expand Islamic banking business
The National Bank of Abu Dhabi, the second-largest bank in the United Arab Emirates (UAE) by assets, plans to…
Standard Chartered Private Bank to organize Art Auction and Exhibition for HNW Clients
Standard Chartered Private Bank has announced that around 200 of its High Net Worth clients have confirmed to take part…
DIFC Courts wins UAE Customer Service Award
The DIFC Courts, Dubai's English language, common law judicial system were honoured to win a third consecutive Customer Service Week…
BLME acquires property for its light industrial building fund
BLME, the largest Islamic bank in Europe whose main shareholders are Boubyan Bank and the Kuwaiti Public Institution for…
Worldwide investment fund assets increased to EUR 21.4 trillion in Q2 2012
According to the latest quarterly international statistical release published by the European Fund and Asset Management Association (EFAMA), the…
Shuaa to focus on lending to reverse losses
Dubai-based investment bank Shuaa Capital will focus more on growing its lending business as part of a new strategy aimed…
The 20 Sovereign Wealth Funds That Are Buying Up The World
Governments with extra money laying around have become major players in the global financial markets through their sovereign wealth funds.…
HDFC Bank to double customer base in UAE
India's second biggest financial institution, HDFC Bank has opened its representative office in the capital in order to better reach…
Deutsche Bank Announce DIFC Forum 2012
Dubai International Financial Centre has announced the launch of DIFC Forum. The Forum is held under the patronage of…
Arab banks mull repercussions of US FATCA law
The Union of Arab Banks and the World Union of Arab Bankers organized Wednesday here a seminar on the impacts…