Alternative employment options for redundant brokers in the UAE
Financial services recruiters in the UAE are being flooded with CVs from brokers, following a rash of closures and copious…
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FATCA will affect almost all Financial Institutions
All banks and life insurance companies which have US source income or handle US source income on behalf of its…
MAC Securities becomes BFX trading member
The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Middle East and North Africa (MENA) region, is pleased…
Boutique alternative investment firm expanding globally
As GreenWorld BVI has continued to see strong interest globally in its alternative investments in such areas as farmland investment…
Morgan Stanley Appoints new MENA head
Morgan Stanley has announced the appointment of Kamal Jabre as Chairman and CEO for the Middle East and North Africa…
BNP Paribas may end Israel activity
Shockwaves of the European economic crisis hit Israel: French bank BNP Paribas is preparing to wrap up its Israel…
Dubai bank Rasmala in potential sale talks – sources
Dubai-based Rasmala, which counts Deutsche Bank among its shareholders, has offices in the United Arab Emirates, Saudi Arabia, Oman…
Bank of America Said to Cut Dubai Sales, Trading Team by 40%
Bank of America Corp. (BAC), the second- biggest U.S. lender by deposits, cut staff at itsMerrill Lynch &…
Ahli United wins EU banking award
Bahrain-based Ahli United Bank (AUB) was announced a winner of the prestigious Straight Through Processing (STP) award by Commerzbank, one…
ExecuJet reports increased business activity in the Middle East
ExecuJet is reporting strong aircraft sales, additional new managed aircraft joining the fleet based in the UAE, and a significant…
Largest private sector bank in Bahrain wins prestigeous award
Ahli United Bank was announced a winner of the prestigious STP Award by Commerzbank AG, one of Europe's largest financial…
Middle East investors move to take advantage of forex opportunities
Investors in the Middle East are increasingly seeking to gain from significant upsides in forex created by unprecedented currency volatility…