UAE customers swap gold jewellery for bars
With gold prices remaining extremely volatile over the past few months, investment demand for gold has taken off even as…
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Abu Dhabi slowdown a nod to UAE wealth gaps
Abu Dhabi’s move to rein in spending on major infrastructure projects could be a sign the city is redirecting funds…
Gulf banks focusing on SMEs, youth and women
Banks in the GCC, targeting a 20 per cent growth in return on equity by 2015, are in a race…
Surprise! Guess Where the World’s Most Profitable Banking Center Is…
If the global financial crisis has taught the world anything, it’s that there is massive weakness running through western banking…
Is the Financial Crisis a Male Syndrome?
The protracted global financial crisis has led to a wide-ranging search for culprits, including blind regulators, greedy speculators, Chinese dumping,…
Islamic Banking Needs To Develop Capacity To Undertake Cross-border Deals
South-East Asia and the Gulf Cooperation Council (GCC) nations are the two largest Islamic finance hubs but there are not…
Millburn Names Europe and Middle East Head
Millburn has announced the opening of a London branch office of its affiliate, Millburn International (Europe) LLP. The establishment of…
Dubai-based Noor Islamic Bank Mulls Expanding To Malaysia
Noor Islamic Bank is considering expanding to Malaysia to tap opportunities in Southeast Asia. Chief Executive Officer Hussain AlQemzi said…
Deutsche Bank names UAE investment banking head
Deutsche Bank today announced the appointment of Nadeem Masud as Chief Country Officer (CCO) for the United Arab Emirates and…
Goldman bullish on MENA
Goldman Sachs is bucking the trend by broadening its Middle East and North Africa equity research coverage at a time…
Gulf Islamic borrowing costs poised for biggest monthly surge since May last year
Gulf Islamic borrowing costs are poised for their biggest monthly surge since May 2010 after $1.8bn in new sales and…
Dexia opens new office in Dubai
Dexia Asset Management, a specialist in financial analysis, fund management and institutional and private mandates, has opened its new office…