Canada's biggest bank plans Dubai hiring spree
Royal Bank of Canada expects to double the number of wealth management employees in its Dubai office in the near…
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What the great economy of China means for MENA
As it embarks on a period of economic growth and diversification, the UAE has a long list of targets. Building…
Sukuk market to set new record
The sukuk (Islamic bonds) market in the oil-rich Gulf and other countries is expected to exceed $100 billion this year…
SEI Named Best Service Provider in the Middle East
SEI has announced that it was named "Best Service Provider" at the 2012 Hedge Funds World Awards Middle East, recently…
RBC Wealth Management moves
Royal Bank of Canada (Representative Office) Dubai, part of Royal Bank of Canada and one of the world's top 10…
Adib launches US property investment solution
Adib Private Bank, a unit of Abu Dhabi Islamic Bank (Adib), recently launched a diversified US real estate investment portfolio…
Union National Bank's Q1 profit up, beats forecasts
Union National Bank's reported an small increase in first quarter net profit on Monday, beating analyst forecasts, helped by an…
ME bank sets up private banking division
Bank of Sharjah today announced that it has finalized and signed a cooperation agreement with Commerzbank to set up a…
Slower takaful growth prompts strategy rethink
Growth of the takaful or Islamic insurance business is slowing, industry statistics show, increasing pressure on the sector to boost…
Noor Islamic to arrange $1bn Turkish debt
Dubai-based Noor Islamic Bank has arranged more than $2 billion of debt transactions in Turkey since the beginning of 2011…
UBS Uses IPad to Let Clients Design Trading Algorithms
UBS has announced the launch of a new algorithmic trading tool called "UBS QUOD Studio." "UBS QUOD Studio"is an iPad…
Gulf Finance House appoints acting CEO
Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, has appointed Hisham Alrayes to the position of acting chief executive…