Lloyds TSB Middle East appoints new Head of Corporate Banking
Lloyds TSB in the Middle East has announced the appointment of Bobby Liddell as the new Head of its Corporate…
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ADIB Named Best Islamic Bank for the Second Consecutive Year
Abu Dhabi Islamic Bank announced today that it had won the Best Islamic Bank and its CEO Tirad Mahmoud had…
Gulf bank appoints regional private banking head
The National Bank of Abu Dhabi has appointed Ghadeer Abu Hijleh as Head of Private Banking - Abu Dhabi and…
World’s richest Arabs see wealth jump 5% in downturn
The world’s 50 richest Arabs have increased their personal wealth by nearly five percent to a combined value of $256.67bn,…
Harvard program to improve bank management
For the third year in a row, Harvard Business School is to present the "Managing Strategically, Leading for Results" executive…
Credit Suisse to Cut Bonuses 40% This Year
Credit Suisse Group will reduce bonuses for its employees by 40 percent this year, Der Sonntag reported, citing people familiar…
Mahathir urges countries to achieve 50% market share for Islamic banking
Even in retirement he remains the most popular politician to the Muslim "man-and-woman-in-the-street". Now as an elder statesman, Mahathir Mohamed,…
Major UAE bank may take over Amlak next year
Emirates NBD, the UAE's largest bank by assets, could take over Islamic property finance company Amlak next year. This along…
Mounting debt costs to haunt Emirates NBD
The cost of covering mounting debt is expected to eat into profits at Emirates NBD for years to come, analysts…
'Bargain' gold spurs buying in Dubai
Physical gold buying saw a significant upsurge last week after prices slumped in the wake of global concerns. “I was…
Oman’s Islamic banking on growth path
Islamic banking services in the Sultanate will witness robust growth in the coming days as the central bank will develop…
Saudi market 'is a growth driver for GCC'
A top official of State Bank of India (SBI) is of the view that the first Indian bank in Saudi…