High demand for UAE firm's private-jet world tour
An Abu Dhabi travel agency has seen "high demand" for its new AED250,000 around-the-world package, which will visit ten luxury…
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Gulfbankers Executive Search announce the appointment of Senior Search Consultant -Dubai
Gulfbankers Executive Search, a premier regional provider of talent management solutions specialized in the Banking and Financial Industry, announced that…
Qatar Shows Faith in Europe
The decision in late August by Qatari investors to inject €500 million into the creation of Eurobank EFG in Greece…
JPMorgan expanding private banking in Gulf
JPMorgan is expanding its private banking operations in the Middle East as it attempts to tap into rapidly growing Gulf…
INTERVIEW: Qatar Central Bank To Keep Riyal Pegged To US Dollar
Qatar is confident it can keep inflationary pressures contained while maintaining its longstanding currency peg to the U.S. dollar despite…
Heptagon Capital adds Goldman vet to advisory group
London-based Heptagon Capital, a $4.5 billion asset manager business set up in 2005 by former Morgan Stanley executives, has hired…
DFSA and NASDAQ Dubai Announce the Transfer of the Official List of Securities
The Dubai Financial Services Authority and NASDAQ Dubai have announced that with effect from 1 October 2011 the responsibility for…
ADS Securities to expand to SE Asia
UAE-based ADS Securities, which provides on and offline trading of FX and commodities, is looking at establishing a presence in…
Iran hit by massive $2.6 bn banking scam
Several Iranian banks have been targeted in one of the biggest frauds in the Islamic republic's history, losing nearly $2.6…
Islamic banks eye Qatar
Islamic banks in the UAE are seeing the market 'greener' on the Qatar side in the wake of the recent…
Nakheel wrote off $21.4bn after Dubai property crash
Nakheel, Dubai’s biggest developer, told creditors it wrote down AED78.6 billion ($21.4 billion) from the value of its real estate…
Path Solutions and Apliman Technologies Announce Partnership Agreement
As result of the partnership contract,the iMAL*2Mobile new offering will utilize Apliman’s SMS Gateway and USSD Gateway for providing mobile…