Business, Banking & Finance




Guernsey, Abu Dhabi regulators sign pact

Thu, Sep 15, 2016

The Guernsey Financial Services Commission (GFSC) has signed a morandum of understanding (MoU) with the Financial Services Regulatory Authority ( ...

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Guernsey rebrands to promote finance

Tue, Aug 30, 2016

Guernsey Finance – the promotional agency for the island’s finance industry internationally – has launched a new corporate brand ...

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Islamic bankers to seek 2017 roadmap

Wed, Aug 24, 2016

The 2016 World Islamic Banking Conference (WIBC) is expected to attract more than 1,300 delegates seeking new areas of growth and a roadmap for 201 ...

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Thursby steps down from NBAD

Tue, Aug 16, 2016

Alex Thursby has stepped down as the Group Chief Executive Officer (CEO) of the National Bank of Abu Dhabi (NBAD), after over three years in the ro ...

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GIB reports H1 profit of $42m

Sun, Aug 14, 2016

Gulf International Bank (GIB) made a net profit of $41.7 million for the six months of 2016, compared to $47.3 million over the same period last ye ...

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Saudi reforms to benefit economy, says UBS

Thu, Jul 28, 2016

Saudi Arabia current fiscal measures should help ensure ab /bsustainable economic future for the kingdom in the medium term, according to a UBS ...

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Asset manager’s portfolio grows to $9.6bn

Wed, Jul 13, 2016

Zurich-based Fisch Asset Managent, which recently entered the Middle East on the back of increased investor appetite for bonds, said it has boost ...

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FGB, NBAD merge to create largest Mena bank

Sun, Jul 3, 2016

Two Abu Dhabi-based banks have announced a merger that would create the largest bank in the Middle East and North Africa (Mena) region. sp ...

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GIB given ‘stable’ outlook

Wed, Jun 29, 2016

Capital Intelligence Ratings has affirmed Gulf International Bank's (GIB) long-term foreign currency rating at A+ and the short-term foreign curren ...

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BSF sponsors trade finance summit

Mon, Jun 27, 2016

Banque Saudi Fransi (BSF) will once again sponsor the upcoming Saudi Trade Finance (STF) Summit, which will be held in Jeddah later this year. ...

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Brexit a wake-up call to reform

Sun, Jun 26, 2016

The decision by UK voters to leave the European Union (EU) reflects a rising discontent in the west with established political institutions, which ...

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Societe Generale wraps up Kleinwort Benson deal

Tue, Jun 7, 2016

Societe Generale has completed the acquisition of Kleinwort Benson in the UK and Kleinwort Benson Channel Islands Holdings from Oddo & Cie. ...

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Emirates NBD ‘honoured’ by awards

Mon, May 23, 2016

Emirates NBD says it is honoured to have won four awards at the recent Banker Middle East Industry Awards in the UAE. The local bank was vo ...

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Gulf Capital wins award

Sun, May 15, 2016

Gulf Capital was named the ‘Best Alternative Investment Firm’ in the Middle East at the Banker Middle East Awards held in Dubai, UAE.&n ...

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Experts debate impact of Saudi changes

Tue, May 3, 2016

A major financial conference opens in Saudi Arabia today with ministers and experts examining how the kingdom aims to transform its economy away fr ...

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