Dubai Is A Wall Street Boomtown — Here's What It's Like To Live There
Bankers in Dubai live and work in one of the most unique cities on earth. The immense oil wealth…
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UAE banks told to hold ‘10% liabilities in liquid assets’ from 1 Jan
Banks in the United Arab Emirates have been told they must hold the equivalent of 10% of their liabilities in…
Ex-Deutsche Bank CEO joins NBK's advisory board
Josef Ackermann, the former chief executive officer of Deutsche Bank AG (DBK), has joined the National Bank of Kuwait SAK’s…
Bank of Bahrain & Kuwait reports net profit
Mr. Murad Ali Murad, Chairman of BBK Board of Directors, announced that the bank's board of directors has yesterday reviewed…
UK’s first Sharia compliant residential property fund announces acquisitions
As all eyes home in on London for the razzmatazz of the London 2012 Olympics, it is worth remembering…
Barings expands EMEA equity team
Baring Asset Management has appointed Mike Levy to the role of senior Investment Manager in the EMEA Equity team. He…
“Standing Still… But Still Standing” – Blackrock
The global economy faces increased odds of slipping into a “Stagnation” scenario dominated by anemic growth in the developed…
National Bank Of Oman Q2 profit up 13.2pc
National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a 13.2 percent rise in second-quarter net profit,…
MERCEDES-BENZ tO sponsor Mena Golf Tour
Mercedes-Benz has announced that it will be the official sponsor of the MENA Golf Tour for the second year in…
SWFs go shopping for managers
Cash-rich sovereign wealth funds are believed to be exploring the possibility of buying asset managers in a drive to lower…
StanChart launches portal for currency payment
Standard Chartered’s corporate customers in Qatar will have access to some 130 global trade currencies following the bank’s launch of…
Bahrain-based BBK reports H1 2012 net profit of BHD 23.3 million
Murad Ali Murad, Chairman of BBK Board of Directors, revealed net profits rose from BHD 23.1 million a year ago…