Wealth-X Launches In The Middle East
Wealth-X officially launched in the Middle East on 19 September 2012 at the Park Hyatt Hotel, Dubai. Guests…
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Nomura Said to Cut Third of Dubai Investment Bank Jobs
Nomura Holdings is cutting a third of its investment banking jobs in Dubai as Japan’s largest brokerage seeks to…
CVC Capital to sell 10% stake to 3 sovereign wealth funds
CVC Capital Partners agreed to sell a 10% stake in itself to three sovereign wealth funds to finance investments and…
Coutts Hiring Private Bankers to Boost Mideast Business
Coutts, the wealth management unit of Royal Bank of Scotland Group Plc, hired four private bankers in the Middle East…
Oman soon to regulate Islamic banking sector
The much-awaited regulation for Islamic banks and window operations of conventional banks will be announced through a Royal Decree at…
Bank Alkhair appoints new chief executive
Bank Alkhair has announced the appointment of Mr. Khalil Nooruddin, a seasoned banker with over 35 years of experience,…
Investment activity to increase in MENA private equity market in next 12 months – RESEARCH
The fifth Deloitte Private Equity Confidence Survey has just been issued, gauging the views of the regional private equity community,…
DIFC regulator accuses Arqaam, Ernst & Young of accounting violations
The regulator of Dubai’s international financial centre is accusing Ernst & Young and the Dubai-based investment bank Arqaam Capital…
World Bank MD sees Islamic finance asset growing 10%-15% annually
The size of global Islamic finance assets is expected to grow between 10% and 15% annually over the next three…
EBRD launches bank's first investments in 'Arab democracies'
The EBRD has launched its first investments in emerging Arab democracies, in a major step in its response to…
Deloitte announces revenue results of US$31.3 billion
Deloitte Touche Tohmatsu today announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May…
Deloitte survey: CFOs playing bigger role in driving sustainability efforts in their organizations
Two thirds of CFOs say they are involved in driving sustainability strategies in their organizations, and more than half…