Swiss asset manager to open Bahrain office
Swiss asset manager Notz, Stucki & Cie (NS) is set to open its office in Bahrain as part of the…
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Ex-Kleinwort and Deloitte heads join board of Middle East trust
A former Deloitte chief executive officer (CEO) and ex-Kleinwort Benson Private Banking head have joined the board of a new…
The Dow Jones Credit Suisse Hedge Fund Index Down 0.22% in December
The following funds are no longer reporting to the Dow Jones Credit Suisse Hedge Fund Index: CoreVest Partners LP, AM…
Saudi British meets market forecasts with 65pc jump in 4Q results
Saudi British Bank, the lender 40 percent owned by HSBC Holdings Plc, reported a 65 percent jump in fourth-quarter profit,…
Northern Trust names new head of EMEA sales and new head of Nordics
Northern Trust announced today that it has appointed Belinda Burgess as head of the Nordic region. Burgess, who is based…
UBS names new COO of EMEA investment banking department
UBS AG (UBS), Switzerland’s biggest bank, named Chris Niehaus, head of its investment banking operations in the Middle East, chief…
Shuaa names credit finance chief
Dubai-based Shuaa Capital has appointed Dr Sabah Hamad al-Sabah al-Binali as the new vice chairman of its wholly-owned credit finance…
NBK Capital exiting 40pc stake in Saudi firm
NBK Capital, the investment banking arm of National Bank of Kuwait, is selling its stake in Saudi fleet leasing and…
Dubai World unit eyes sale of UK asset to meet debt
Economic Zones World (EZW), a unit of Dubai World, is considering the sale of its UK-based warehouse property developer Gazeley,…
German investors explore investment opportunities in Sultanate
Oman-Green Energy LLC - under incorporation - received at Al Bustan Palace Hotel today a group of 70 German investors…
BMI launches bancassurance products
BMI Bank and leading regional insurer Medgulf Allianz Takaful have launched two new series of long term bancassurance products, offering…
A.M. Best Releases Updated Criteria Report on Rating Takaful Insurance Companies
A.M. Best Co. has released its criteria report, "Rating Takaful (Shari'a Compliant) Insurance Companies." The report is currently available in…