NBAD launches Sukuk Income Fund
The National Bank of Abu Dhabi, has launched its Sukuk Income Fund, a unique product investing in Sharia-compliant investment…
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Northern Trust builds Global family office team with senior appointment
Northern Trust has named Daniel F. Lindley to the London-based role of Managing Director, Global Family & Private Investment Offices…
Managers advised to downshift their focus to ‘core millionaires’
Private banks risk neglecting the needs of people with less than $10m of investable assets, according to McKinsey’s 2011 Global…
Islamic Funds and Investments set to expand its global footprint and achieve international growth
More than 350 key players, regulators and thought leaders in the global Islamic funds and investments industry are set…
No windfall from Qatar ban on Islamic windows
A year after Qatar ordered conventional banks to stop offering Islamic financial services, an expected windfall for its Islamic banks…
BankMuscat launches Green Sports initiative to develop sporting nation
BankMuscat launched Green Sports, its Corporate Social Responsibility initiative to develop a sporting nation. Shaikh Saad bin Mohammed…
Ithmaar Bank selects SunGard Ambit risk and performance management tech
Ithmaar Bank has selected SunGard's Ambit Risk & Performance Management solution to help it establish an enterprise-wide view of its…
FSA investment head quits for Dubai regulator
Peter Smith, head of investment policy at the Financial Services Authority, is to exit the regulator shortly, Investment Week…
EFG Hermes, QInvest sign definitive joint venture agreement
EFG Hermes Holdings and QInvest have announced that they have entered into a definitive agreement involving EFG Hermes' Brokerage,…
MashreqQatar signs partnership with Medgulf Allianz Takaful
Aiming to provide increased protection cover to customers, MashreqQatar, a leading financial institution in the region, has signed a…
Denizbank sale ‘stalls in Dexia management vacuum’
Dexia’s planned sale of Turkish unit Denizbank will not proceed until after an expected management change at the bailed-out Franco-Belgian…
Mashreq Bank transforms IT infrastructure
EMC Corporation has announced that Mashreq Bank has consolidated its IT infrastructure onto EMC Symmetrix VMAX in order to manage…