Dubai's ENBD seeks approval to merge Islamic units-sources
Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources…
Uncategorized
47651 articles found
Shuaa appoints former ABN Amro exec as CEO
Shuaa Capital, the struggling Dubai-based investment bank, on Tuesday named a former ABN Amro banker as its new chief executive,…
Why is Turkey Turning to Gold?
Turkey's central bank last week raised the proportion of domestic currency reserves banks can hold as Gold Bullion – while…
Eurobank sells Turkey unit
Eurobank, one of Greece's major banks with Bulgarian subsidiaries, announced it is about to sell its 70% stake in Turkish…
Deutsche Bank: MENA chairman Azzam steps down
Deutsche Bank on Sunday said Henry Azzam, the chairman of its Middle East and North Africa operations and one of…
Wealth surge attracts private banks
The strong return of growth in private wealth in the region to pre-crisis levels combined with a marked slowdown in…
Two Dubai banks approve merger
Two Dubai-based banks have approved a plan to merge into one unit following negotiations over the past two years and…
Former Union Bancaire Privee Execs to lead Jefferies new Dubai office
Jefferies has announced that it has opened an office at the Dubai International Financial Centre (DIFC), following approval from the…
How the top bankers earn their fat salaries
Top bankers are known for their astronomical remuneration. Over the years, major executives in the financial services sector have pocketed…
Al Salam Bank's Board Elects HH Shaikha Hessa as Chairperson
The new Board of Directors of Al Salam Bank-Bahrain held its first meeting at Bank's premises yesterday to discuss the…
Saudi overtakes UAE to become largest sukuk issuer in Gulf
Saudi Arabia overtook UAE to become the largest issuer of sukuk in the first quarter of 2012 in the GCC,…
Renaissance Capital officially establishes itself in Turkey
Renaissance Capital has officially established itself in Turkey with the acquisition of local brokerage Mira Menkul Degerler. But the Moscow-based…