World UHNW Population Loses US$480 Billion
Wealth-X has launched the latest edition of its World Ultra Wealth Report. Several notable insights have emerged from the…
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Private banks set to benefit from Qatar wealth management
Wealth transfer to the next generation provides private banks with opportunities to “deepen relationships” with their clients and “fulfil…
Islamic banking regulation expected at any time: CBO
The much-awaited regulation for Islamic banks and window operations of conventional banks will be announced through a Royal Decree…
Prince Alwaleed’s fortune soars by $2.2bn
Saudi billionaire Prince Alwaleed bin Talal saw his fortune soar US$2.2bn last week after his company, Kingdom Holding, saw shares…
Record Islamic finance deal agreed in in Turkey
Al Baraka Turk Participation Bank, the Turkish subsidiary of Bahrain-based Al Baraka Banking Group, has concluded a record Islamic…
UAE's Essdar Capital in management buy-out deal
Essdar Capital Ltd, an advisory and investment firm backed by Abu Dhabi royals, said its management bought out its…
Qatar bank acquires two London properties
Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square…
PineBridge Appoints ME COO
PineBridge Investments Middle East has announced the appointment of Arun Kumar as Chief Operating Officer and Janick Fierens as Managing…
Jordan lawmakers clear way for sovereign sukuk
A long-awaited law allowing Jordan to issue sukuk has been cleared by both houses of its parliament, paving the…
Bahrain harnesses financial leadership to boost social enterprise
This week marks the launch of Social Business Week 2012, an event organized by the Family Bank, the Middle…
Hamas financing case can proceed against Arab Bank: judge
A U.S. man can proceed with a lawsuit seeking to hold Arab Bank liable for providing material support to…
Lebanon's Aksys Capital and Abu Dhabi's ADS Securities sign cooperation agreement
Aksys Capital has announced a cooperation agreement with ADS Securities to bring further benefits to Forex and Bullion traders,…