Middle East
Middle East | 27 Feb 12
shifting to shariah model could increase value
Converting a financial services business to a Shariah-compliant model could increase the value of a company by 18% to 25%, due to the current scarcity of genuine Islamic investments, a report issued by Switzerland-based Bank Sarasin concludes.
Middle East | 23 Feb 12
bnp paribas opens dubai offices
Banking giant BNP Paribas, which runs its regional Middle East business from Bahrain Financial Harbour, has opened two offices in Dubai, prompting speculation that it is seeking to mitigate risks related to ongoing political unrest in Manama, the Bahraini capital.
Middle East | 20 Feb 12
another Swiss firm opens in bahrain
Geneva-headquartered Altaira Wealth Management has launched a Bahrain subsidiary, Altaira Middle East BSC.
Middle East | 16 Feb 12
koster to step down at dfsa
Paul Koster will step down as chief executive of the Dubai Financial Services Authority in September, after nearly four years in the role, the DFSA has announced.
Middle East | 15 Feb 12
most expats living in uae ignorant of culture
More than 70% of expatriates living in the United Arab Emirates admit they know very little or nothing about the country in which they live.