Ahlibank’s net jumps 47pc
In a reflection of the robustness of its core operations, ahlibank SAOG’s net profit surged 47 per cent to RO…
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Dubai plans $1b sukuk
Dubai is all set to launch a dual-tranche Islamic bond, or sukuk, to raise at least $1 billion, the issue…
BLP launches Tel Aviv representative base
Berwin Leighton Paisner (BLP) has opened a representative office in Israel’s financial centre. The firm has launched an office in…
Deloitte report: 79% of Islamic financial institutions have established a risk department
In light of the ongoing global financial climate, most world markets and sectors continue to be adversely impacted, including the…
Top Dubai lender ENBD's Q1 profit beats forecasts
Emirates NBD, Dubai's largest bank by market value, reported a forecast-beating first-quarter net profit as a near 50-percent rise in…
Mashreq Bank Q1 Net Profit Up 2 Percent
Mashreq has reported a 2% increase in its net profit in Q1 2012 to Dhs271m compared to Dhs265.3m for the…
Axa Private Equity head moves to ADIA
Christophe Florin, chief operating officer of Axa Private Equity, has left to join the Abu Dhabi Investment Authority, according to…
Emirates NBD Private Banking organises private aviation meeting for HNWIs
The private aviation meeting was the first in a series of meetings by Emirates NBD Private Banking, as part of…
UBS Chairman Says Bank’s Reputation Will Play Role in CEO’s Pay
UBS AG (UBSN) will base Chief Executive Officer Sergio Ermotti’s bonus in part on the progress he makes in restoring…
KFH wins Best Islamic Bank in Kuwait and Middle East by EmeaFinance
Kuwait Finance House ( KFH ) won Best Bank in Kuwait and Middle East awardfrom EmeaFinance. The agency held annual…
Qatar sovereign fund exceeds $100 billion: top official
The assets under management by the sovereign wealth fund (SWF) of gas-rich Qatar have far exceeded $100 billion, Qatar Investment…
Mideast 2012 bond issuance may hit $40bn: StanChart
Bond issuance out of the Middle East could rise to $40bn in 2012, more than 50% above last year’s levels,…