Trend of M&As in the region will continue: Lazard CEO
"Even as many of the world's largest economies continue to struggle with excessive debts and difficult fiscal choices, the Kingdom's…
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DIB posts 10.5% profit growth
Dubai Islamic Bank (DIB), a leading UAE bank, said its nine-month net profit rose 10.3 per cent to Dh850 million…
Good Year Ends Hard for Asset and Wealth Management Firms – RESEARCH
Global executive search firm CTPartners today released a new report, "Asset & Wealth Management Talent and Compensation Trends 2011: Have…
‘Desert Rose’ Bank Founder a Pioneering Saudi Woman
“Do you mind working with men?” Nahed Taher recalls being asked before taking a job as the only woman amid…
Dubai bank launches $200m football fund
Dubai-based United Investment Bank (UIB) has announced the launch of its Royal Football Fund across the Middle East and other…
Global asset manager opens Dubai Office
Principal Global Investors has announced its expansion into the Middle East with the appointment of Wassim Nasrallah as managing director,…
Technology to boost innovation in financial services: Seetharaman
Technology revolution, legal and regulatory changes and economic environment are the main factors that contribute to innovation in financial services,…
Waha Capital nine-month profit falls
Waha Capital, the diversified strategic investment firm based in Abu Dhabi, said its net profit for the nine-month period ended…
Global Finance names KFH – Best Islamic Bank in the World
Kuwait Finance House (KFH) was named as the Best Islamic Bank in the World by Global Finance Magazine, in recognition…
Turkey: Emerging Europe’s sweet spot?
Charlie Walker examines the investment potential of Turkey. The Next 11 and CIVETS are two of the most familiar acronyms…
Building boom boosts Qatari banks’ income
Qatar’s biggest banks are reaping record amounts in interest earnings this year as the government starts an unprecedented spending programme…
Saudi Al-Rajhi remains biggest Islamic bank
Saudi Arabia’s Al-Rajhi group maintained its position as the world’s largest Islamic bank at the end of 2010 while four…