Business, Banking & Finance




NBAD’s Q1 profits rise 23pc

Wed, Apr 27, 2016

National Bank of Abu Dhabi (NBAD) reported net profits of AED1.271 billion for 1Q’16, up 23 per cent sequentially (q-o-q), largely as a resul ...

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GIB bond raises SR2bn

Mon, Apr 25, 2016

Gulf International Bank’s (GIB) latest bond issue met with strong dand as the bank on 19supth/sup April, 2016 successfully priced its s ...

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Mideast M&A value plunges 67pc in Q1

Wed, Apr 20, 2016

The total value of mergers and acquisitions (M&A) in the Middle East fell 67 per cent in the first quarter of 2016 compared the same period las ...

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IIB sells stake in Tunisian auto dealer

Mon, Apr 11, 2016

Bahrain-based International Investment Bank (IIB) has sold its stake in Tunisian automobile dealer Artes, selling it at an attractive price of TND7 ...

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AUB offer wealth services to UAE’s HNWIs

Tue, Mar 29, 2016

High net worth individuals (HNWIs) in the UAE now have easier access to private banking and wealth managent solutions from Ahli United Bank (AUB) ...

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GIB offers low volatility equities

Thu, Mar 24, 2016

span style="font-size: 12px;"Gulf International Bank (GIB) is offering low volatility and protected strategies on global and regional equities./ ...

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Barclays vows to excel in service

Wed, Mar 16, 2016

Barclays has vowed to continue to deliver “exceptional services” to its wealthy customers, following the bank’s winning of a pres ...

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GIB to grow asset management

Tue, Mar 15, 2016

Gulf International Bank UK (GIB UK) will focus on growing its asset managent business across the GCC, a top official said. spanGIB UK C ...

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Societe Generate buys Kleinwort Benson

Tue, Mar 15, 2016

France’s Societe Generale is to buy the UK-based wealth manager Kleinwort Benson and merge it with Hambros, its private bank. spanT ...

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Ahli United Bank expands into UAE

Sun, Mar 6, 2016

Bahrain-based Ahli United Bank has launched operations in the UAE as part of a plan to expand across the Gulf region. spanThe fully owned ...

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GCC family businesses discuss future

Tue, Mar 1, 2016

Family business continuity across generations was the hot topic of engaging conversations at a recent meeting of regional family business leaders i ...

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Arzan Wealth advises on $123m acquisition

Mon, Feb 29, 2016

Arzan Wealth a Dubai-based advisory firm, advised on the acquisition of a North American headquarters campus for Saint-Gobain, following a comprehe ...

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GIB’s EM fund does well

Wed, Feb 24, 2016

A Gulf International Bank (GIB) fund which invests in the debt of erging market (EM) economies achieved a net return of 6.11 per cent in 2015.&nb ...

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Deutsche Bank promotes Al Kishi

Mon, Feb 22, 2016

Deutsche Bank has promoted Jamal Al Kishi as its Chief Executive Officer, Middle East and Africa (MEA). Al Kishi replaces Ashok Aram who is ...

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Experts seek to tackle oil threat to GCC

Mon, Feb 15, 2016

The impact of the sustained fall in oil prices on businesses in the Gulf and beyond will be discussed by financial experts and bankers next week at ...

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