Finance

Prestigious accolade presented to Emirates NBD Private Banking at PBI Global Wealth Awards in Singapore

The Gulf Investment Corporation (GIC) announced Moody’s Credit Rating Agency upgraded its stand alone (BFSR) rating from ‘D-‘ to ‘D’

Swiss Private Bank Vontobel launches Private Banking activities in Dubai

Investors in the GCC - not a homogenous entity and there is a need to tailor products to their investor segment Life wrappers - preferred...

IPO to open to all Saudi nationals following completion of book-building process

Study Challenges Perceptions of CEO Transitions and the Risk to Enterprise Value

Definitely, this is a ''Big Question'' and if you know the answer, you may be well ahead of the game. Investors and analysts alike are...

The Dubai Financial Market (DFM) Company announced today its financial results for the first nine months of 2011 ending September 30th, with a 90%...

Amid industry players’ shutdowns, MENA CORP eyes expansions in local market Premier financial services group MENA CORP is pleased to announce it defied a trend...

Consistent net profit growth for the fifth consecutive quarter, Q3 2011 net profit up 8% compared to same quarter last year and 3% compared...

Some of the world's most rapidly expanding economies fall into what is popularly referred to as the Frontier markets.

Global investors appear to be coming to terms with the prospect of a default by the Greek government, according to the BofA Merrill Lynch...

Possessing a capital of AED 10 billion, the EDB will aid in promoting economic growth for the UAE HE Al Tayer said HE Obaid Humaid...

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today that it now offers a pioneering cancer cover Takaful to all...

Premier financial services group MENA CORP has partnered with the Middle East's most sophisticated trading platform, ZagTrader, to launch MENA TRADE, a new fully...

The Central Bank of the UAE today announced the introduction of the International Bank Account Number (IBAN) as a standard for identifying all bank...

Operating Profit up by 20% to AED 281 million Loans and advances up 38% to AED 7.6 billion Customer deposits up 39% to AED 6.7 billion Net...

MENA IPO Update, regional capital markets raised US$218.9 million in the third quarter of 2011, up by 23.6% from the US$177.04 million raised during the same period in 2010