UK fails to freeze Mubarak-era assets
One of the driving factors of the Egyptian Revolution was the widespread belief that Hosni Mubarak and his inner…
Uncategorized
47651 articles found
Germany could get first Islamic Bank
Bank Kuveyt Türk, based in Instanbul, plans to set up the first Islamic bank in Germany next year to tap…
Wealth-X Launches Salesforce App Enabling CRM Access to Over 90,000 Global UHNW Individuals
Wealth-X has launched its Wealth-X for Salesforce application. Wealth-X for Salesforce is now available directly from the AppExchange. …
PE firm buys 6.6 pct of Jordan Dubai Islamic Bank
Jordan-based private equity firm Foursan Group has acquired a 6.6 percent stake in Jordan Dubai Islamic Bank, making it…
Alpen Capital opens office in Bangalore
Alpen Capital India, a leading investment banker that launched its India operations in 2009 with offices in Mumbai and Delhi,…
Dubai Group sells Turkey investment arm
Dubai Group has sold its Turkish insurance arm to a company owned by former AIG CEO Maurice "Hank" Greenberg and…
PwC to conduct course in Islamic finance and banking
PricewaterhouseCoopers (PwC) will run its first ever specialist Islamic finance and banking seminar/short course in Oman from October 12 to…
UAE job cuts in H1 2012: Banking on escaping the pain
As global financial companies cut thousands of banking and trading jobs across the world, UAE employees escaped major pain in…
Ex-Goldman Banker Managing Nigeria Fund Targets Spending
Uche Orji, the former Goldman Sachs Group Inc. (GS) and UBS AG (UBSN) banker named to lead Nigeria’s sovereign wealth…
Foreign banks in Iran face risk of US penalties
For years, the United States struggled to get foreign bankers to comply with its effort to throttle Iran's economy -…
GulfMena to launch DIFC-based fund with Solo Capital
GulfMena and Solo Capital are launching a new DIFC-based hedge fund, targeting annualised returns of over 20%, Mena FM can…
Bahrain’s Economy Shrinks In Q2
Bahrain’s economic output fell in the second quarter of this year after moderate growth in the previous three months,…