Dr. Nasser Saidi stepping down from DIFC
Dr. Nasser Saidi is leaving the Dubai International Financial Centre Authority. He had been Chief Economist at the DIFC since…
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GCC banks’ capital, earnings ‘strong’
Banks in the Gulf Cooperation Council (GCC) region have capitalization that generally exceeds their international peers’, Standard & Poor’s Ratings…
How will the Euro crisis affect the GCC?
The Euro crisis, if it were to worsen, will affect the GCC countries in different ways but is not likely…
Gulf banks among world's better capitalised than peers
Banks in the Middle East are among the world’s best capitalised institutions, despite their more concentrated regional and sector exposure,…
Bahrain Eyes 10 Year Bond
Bahrain, the Gulf Arab state hit by ongoing social unrest, plans to issue a benchmark-sized 10-year dollar bond this week,…
Societe Generale Private Banking voted best private bank in the Middle East
Societe Generale Private Banking has been awarded the title “Best Private Bank in the Middle East” for the second consecutive…
Oman plans Islamic finance rules before year-end
A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the country's stated…
Ex-bank convicted of $26m fraud in Bahrain
A Bahrain court has sentenced a former bank chief executive convicted of embezzling BD10 million to jail for four years…
ICAEW and Emirates NBD launch Dubai CFO Club
ICAEW, in partnership with Emirates NBD, has launched the first forum for Chief Financial Officers in Dubai. ICAEW's CFO Club…
Standard Chartered to offer Islamic financial products to private clients
Standard Chartered Private Bank today announced at a press conference held in Dubai, the launch of a comprehensive suite of…
CBB Holds second meeting with the Bahrain Association of Banks
The Central Bank of Bahrain and the Bahrain Association of Banks (BAB) had their second meeting this year to discuss…
Abu Dhabi SWF sees value in emerging equities
Abu Dhabi Investment Authority (ADIA), the cash-rich emirate’s sovereign wealth fund, expects emerging market stocks to outperform in the long-term…