National Bank of Abu Dhabi signs agreement with UAE Exchange
The National Bank of Abu Dhabi (NBAD) has signed an agreement with UAE Exchange allowing the Bank's cardholders to pay…
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StanChart wins big at EMEA Finance Awards
Standard Chartered has won 11 awards in the EMEA Finance Achievement Awards 2011, the fifth straight year that the bank…
Wealth-X Announces the Definitive Billionaire List Over 2,400 Individuals
Wealth-X has announced today that it has identified nearly 2,500 Billionaires; more than double that of the just released Forbes…
BankMuscat bags four industry accolades
BankMuscat, the flagship financial institution in the Sultanate, won four awards — Best Bank in Oman, for the fourth year…
Dubai’s Takaful Emarat starts equity fund
Takaful Emarat - Insurance P.S.C., a Dubai-based Shariah-compliant life and health insurance company, started a 20 million Saudi riyal ($5.3…
Financial institutions on the rise in Bahrain
The number of financial institutions registered in Bahrain continued to rise last year, reaching 415 by the end of January…
Tanzania: African Bank Governors Convene in Zanzibar
AS the use of mobile phones grows, financial experts said on Thursday that the mobile phone growth necessitates the introduction…
UGB appoints Acting Chief Executive Officer
United Gulf Bank has announced the appointment of Mr. Rabih Soukarieh as the new Acting Chief Executive Officer (ACEO) following…
Zurich appoints Kuwait GM
Zurich has appointed Anas Al-Otaibi as Kuwait general manager. A Kuwaiti National, Al-Otaibi will lead the rollout of Zurich’s general…
Northern Trust: 1 in 3 has 40% of stocks, bonds in passive strategies
The evolving use of passive investment strategies by institutional investors globally is leading to growing interest in customized indices to…
New FATCA regulations are out, institutions must act fast
The latest Foreign Account Tax Compliance Act (FATCA) regulations have been issued, which will have major implications for non-US Financial…
Nomura expanding global rates and FX team in the Middle East
Nomura is expanding its global rates and foreign exchange trading business into the Middle East, having recently hired three senior…