Warning over downgrade puts DIFC Investments under pressure
Standard & Poor's has warned of a potential downgrade of the credit rating of DIFC Investments, the investment arm of…
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Bank of Bahrain & Kuwait to scale up India operations
The Bank of Bahrain & Kuwait, or BBK, plans to scale up its operations in the country and increase its…
NBAD inaugurates new business banking centre in Abu Dhabi
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, expanded its exclusive services for small-…
Salwan appoints new Director for Sales
Salwan LLC, a subsidiary of Dubai Properties Group, announced the appointment of a new Director in charge of sales and…
Ground-breaking wealth management accreditation program launched
NCB Capital, Saudi Arabia's wealth advisor and asset manager, has launched a ground-breaking accreditation programme for its wealth managers that…
Emirates investment bank to cut staff by about 25%
Al Mal Capital PSC, a United Arab Emirates investment bank, has cut staff by about 25 percent and is winding…
Wells Fargo appoints industry veteran to lead EMEA
Wells Fargo has announced that Jim Johnston, a 28-year veteran of the company, has been named the new regional president…
Latest investment trends for GCC expats-Invesco study
Findings from the 2011 Invesco Middle East Asset Management Study show that expatriate investors in the GCC (Gulf Cooperation Council)…
Appetite for Islamic finance growing
Recent global crises have changed the sentiment for finance and investments with investors increasingly showing appetite for Shariah-compliant private…
Gulf Finance House returns to black
But in the wake of the financial crisis, Gulf Finance House, the Bahraini investment bank, has been forced to…
Emerging markets revolve around market integrity – Global Corporate Governance Forum
There is no single, easy solution for the challenge of strengthening corporate governance in emerging markets. Each market is economically…
Regulators will have to disclose financial stake
A new decree on corporate governance aiming for the independent regulation of companies will ensure that regulators are not wearing…