UAE has tightest bank rules in GCC
The UAE is enforcing the tightest banking regulations in Gulf hydrocarbon producers and this is hindering rapid growth in their…
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Abu Dhabi bank sues Dubai crown prince's firm
An Abu Dhabi bank has filed a legal claim against Dubai's Zabeel Investments, according to court papers seen by…
Gold iPhone 5 handsets to go on sale
Rich trendsetters are expected to flock to Dubai Mall tomorrow to see the official unveiling of the ultimate iPhone 5…
Bahrain Bank Reaches Agreement on Takeover of Leeds Soccer Club
Three-time English soccer champion Leeds United moved closer to being sold after Bahrain-based bank Gulf Finance House EC said one…
HSBC takes wealth management to MENA
HSBC Global Asset Management has made a foray into wealth management in the Middle East and North Africa (MENA)…
Job axe falls on Mideast bankers as global giants retrench
Big U.S. and European banks are cutting investment banking jobs in the Middle East as the promise of emerging markets…
Bahrain's Gulf International Bank updates $4 bln bond programme
Gulf International Bank , a Bahrain-headquartered lender, has published an updated prospectus for its $4 billion euro medium term note…
Ex-Bahrain bank CEO jailed for five years
The High Criminal Court in Bahrain has sentenced a former senior banking official to five years in prison. …
Euroclear Bank expands Cash Clearing relationship with Standard Chartered Bank
Following the success of Standard Chartered's appointment as its cash clearing bank in the UAE, Euroclear Bank, the leading international…
Mashreq clear to pursue case
Mashreq, the UAE bank caught up in the affair, will also get its chance to press for the repayment of…
Saudi-UK partnership marks a new chapter
Sidra Capital, a capital regulated Shariah compliant financial services company and Gatehouse Bank, an FSA regulated Shariah-compliant bank specializing in…
Leading international law firm advises on world's largest dim sum sukuk
Leading international law firm Clifford Chance has advised Bank of America Merrill Lynch, CIMB and HSBC as joint lead managers…