C.Agricole's Mideast M&A staff moving to UBS -sources
Five former investment bankers at France's Credit Agricole , which is closing its Middle East and North Africa mergers and…
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Little GCC exposure to global crisis
The global financial distress in 2008 had a relatively little impact on Gulf hydrocarbon exporters as their economies have become…
Sukuk resilient in middle of financial crisis
Sukuk market proved resilient in the face of the crisis, with funds raised through sukuk issues grew from $2.8 billion…
Barclays Wealth makes senior MENA appointment
Barclays Wealth has announced the appointment of Miray Katerji as Managing Director of Strategic Solutions Group, Middle East North Africa.…
Bahrain Sico chairman to step down
Bahrain-based Securities & Investment Company (Sico) said its chairman Sheikh Mohammed bin Isa Al Khalifa has resigned from its board…
Middle East PE funds seek strategic buyers, SWFs
Private equity funds in the Middle East and North Africa, under increasing pressure to produce returns for investors, have strategic…
BarCap to focus on Islamic liquidity
Barclays Capital will focus on growing its liquidity management and risk management businesses as the Islamic bond market continues to…
Islamic finance industry 'facing challenges'
Growth of the global Islamic asset management industry will likely halt or reverse this year as the industry struggles with…
Back to basics pays off for Dubai, but property still a drag
A day at Jebel Ali port last week confirmed what many experts have been saying about the economy of Dubai…
Sharjah Islamic Bank opens Priority Banking Centre in Abu Dhabi
HE Mohammed Abdullah, CEO of Sharjah Islamic Bank (SIB) has opened the bank's Priority Banking Centre on Sheikh Zayed the…
New global brand identity for leading Islamic investment bank
Unicorn Investment Bank has launched its new brand identity. The Bank has now officially changed its name to Bank Alkhair…
Dubai's Mashreq sees lower profit growth in 2011
Mashreq Bank , Dubai's second-largest lender by market value, expects lower profit growth this year as global economic worries hamper…