Kuwait leads in private wealth booked offshore
Private financial wealth in Middle East and Africa grew by 4.7 percent in 2011, according to a new report by…
Uncategorized
47651 articles found
ACE Announces Management Appointments in MENA Region
ACE Group today announced several appointments within its Middle East and North Africa (MENA) region, as it continues to strengthen…
Millionaire households: UAE ranks 6th in world
The UAE and three other GCC countries rank among the top-10 countries in the world by proportion of millionaire households…
More foreign banks eye HSBC Pakistan operations
Some more foreign banks from Middle East and China are interested to buy operations of the Hong Kong Shanghai Banking…
QIIB mulling sale of its Islamic bank in Britain
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale of the UK’s…
Investcorp seeks $500 mln-plus refinancing – sources
Investcorp, a Bahrain-based investment company, is seeking a loan of more than $500 million to help refinance debt due in…
Bahrain 'most respected financial hub in world'
By steadfastly implementing best practices, robust regulatory principles and good governance, Bahrain now enjoys the reputation as one of the…
Iranian bank sues rival over fraud allegations
Iran's biggest bank said on Thursday it had taken legal action against another local lender, an Iranian news agency reported,…
Sukuk industry set for 'unprecedented growth'
The global sukuk industry is witnessing unprecedented growth, complemented and triggered by diversification, an expert said. “Large pools of Muslim…
Asiya Aims to Lure Arab Investments to Tap Asia Growth, CEO Says
Asiya InvestmentsAsiya Investments Dubai Ltd., a newly set up unit of Kuwait-based Kuwait China Investment Co. (KCIC), aims to persuade…
Bank Hapoalim net profits fall
Bank Hapoalim's net profits fell to NIS659m in the first quarter to the end of March - down from NIS672m…
Dubai Bank goes live with FlexFinance platform
FERNBACH Financial Software has announce that they have been selected by Dubai Bank (a subsidiary of the Emirates NBD Group)…