Business, Banking & Finance




Saudi market rally to be ‘short-term’

Sun, Apr 26, 2015

Saudi Arabia’s confirmation that it will open its stock markets to foreign investors has triggered a sharp rally, but although fundamentals a ...

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Barclays makes key promotions

Thu, Apr 23, 2015

Barclays has promoted Makram Azar to Chairman of Banking for Europe, Middle East, and Africa (EMEA).  spanIn his expanded role, Makr ...

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RBS sells Coutts International

Mon, Mar 30, 2015

The Royal Bank of Scotland Group (RBS) has sold Coutts International, the overseas arm of its private banking operations, to Switzerland’s Un ...

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UAE Islamic banking sector worth $127bn

Sun, Mar 29, 2015

The UAE’s Islamic banking industry was estimated to be worth $127 billion in 2014, thus making it the third largest Islamic banking market by ...

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Standard Bank rebrands wealth service

Mon, Mar 23, 2015

Standard Bank Private Clients is to be renamed ‘Wealth and Investment’ to reflect its commitment to adapting its service offering to th ...

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DSSA appoints chief economist

Mon, Mar 23, 2015

Deutsche Securities Saudi Arabia (DSSA), a Capital Market Authority (CMA)- licensed securities firm wholly owned by Deutsche Bank, has appointed Dr ...

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Falcon Private Bank names new board member

Tue, Mar 17, 2015

Falcon Private Bank elected Walter Berchtold as a new mber of its Board of Directors at its annual general meeting in Zurich, Switzerland, last w ...

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Developed markets ‘best bet in 2015’

Tue, Mar 17, 2015

JP Morgan Private Bank is predicting 3.5 per cent global growth in 2015 with promising performance across developed markets.  spanTh ...

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Bahrain remains a ‘key financial hub’

Sun, Mar 1, 2015

Bahrain’s hosting of a major financial event shows that the kingdom rains a powerful hub for finance in the region, a senior economist said ...

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UK investment firm wins Gulf award

Tue, Feb 17, 2015

RiverCrossing Capital Partners, an alternative investment managent firm in the UK, has been named Best New Institution for 2014 by the UAE publis ...

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GCC private wealth doubles to $2.2trn

Mon, Feb 16, 2015

Private wealth in the Gulf has doubled by a trillion dollars in just five years, latest statistics show. spanSince 2010, the GCC market h ...

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Sukuk issuances to hit $145bn

Wed, Feb 11, 2015

Global sukuk issuances are expected to hit $145 billion in 2015, Islamic finance experts said in London, UK, yesterday. spanThe experts w ...

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‘Sin stocks’ still outperform, research reveals

Wed, Feb 11, 2015

Established industries often beat new technology when it comes to long term returns, while “sin stocks” outperform in the long run, sho ...

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QNB named region’s top bank brand

Sun, Feb 1, 2015

QNB was named the most valuable banking brand in The Middle East and Africa in an annual survey carried out by Brand Finance and published by The B ...

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Be cautious, UBS urges investors

Sun, Feb 1, 2015

UBS Wealth Managent's latest research forecasts further short-term weakness in the price of crude oil, but indicates that gains in the latter hal ...

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