Dr. Fakhro Meets with Officials of Merrill Lynch International Bank Limited
Industry and Commerce Minister Dr. Hassan Abdulla Fakhro met here today with the Merrill Lynch International Bank Limited’s Resident Middle…
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Insights From The GCC’s Top Private Bankers
The Middle East contains an estimated $4.5 trillion of private wealth, according to the Boston Consulting Group. In recent…
Credit Suisse trims Dubai investment banking,ships jobs to Qatar
Credit Suisse is trimming its investment banking team in Dubai and relocating some jobs to neighbouring Qatar, three sources…
Ridge Islamic Capital announces official launch of its activities in Egypt
Ridge Islamic Capital, the first company in Egypt specialized in offering full-fledged modern Sharia-compliant investment banking; asset management; and wealth…
HSBC names head of EMEA credit research
HSBC Holdings said it named Lior Jassur to replace Ben Ashby as head of credit research for Europe, the Middle…
Gold seen luring wealthy
More so-called high-net-worth individuals are seeking to buy gold to protect their wealth from the risk of inflation after central…
DFSA sanctions Credit Europe Bank
The Dubai Financial Services Authority has announced that it has accepted Enforceable Undertakings from Credit Europe Bank (Dubai) Limited…
Doha Bank May Raise $1.4 Billion From Share Sale
Doha Bank QSC, Qatar’s fourth- biggest by assets, may raise as much as 5.81 billion riyals ($1.6 billion) from selling…
Turkey embraces Islamic finance with sovereign sukuk
Turkey's issue of its first sovereign sukuk this week paves the way for Turkish companies to raise money through Islamic…
Turkish İs Bankası to buy bank in Azerbaijan
Turkish İs Bankası intends to acquire a bank in Azerbaijan, as country's central bank denied it permission to open…
NBQ wins appeal against Global Investment House
National Bank of Umm Al Qaiwain sent a filing to Abu Dhabi Securities Exchange, reporting that Dubai Court of…
Middle East millionaires get wealthier: $1 trillion and counting
The size of the millionaire population in the Middle East rose 2.7 per cent to 450,000, and wealth edged…