hsbc oman and oib merger completes
The merger of HSBC Oman and Oman International Bank (OIB) to form HSBC Bank Oman has been officially approved and began its operations on Monday this week.
Middle East
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dubai fsa issues email scam alert
The Dubai Financial Services Authority today warned investors to be on the lookout for a fraudulent email scam which uses an email address purporting to be that of Abdullah Mohammed Saleh, who is governor of the Dubai International Financial Centre (DIFC).
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emirates nbd offers gold and luxury cars as
Emirates NBD, one of the leading banks in the UAE, has launched a campaign to encourage customers to save more and is offering 7kgs of gold and luxury cars as an incentive.
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new financial watchdog announced as uae
The financial services industry in the United Arab Emirates is to undergo the biggest regulatory overhaul in more than three decades, according to reports.
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one year on invesco finds an arab spring effect
Close to a year had passed since the 2011 Arab Spring uprising exploded across the Middle East when NMG researchers, on behalf of Invesco, set out earlier this year to query investors there about their investment attitudes. Yet investor uncertainty as a result of the unrest continues to be a dominant investment theme in the…
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dubai fsasigns co-operation deal with chinese
The Dubai Financial Services Authority has entered into a supplementary agreement on co-operation with the China Banking Regulatory Commission.
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uae finance firms set up cross sector trade body
A group of leading financial institutions in the United Arab Emirates have formed a trade body, the first cross-sector association to be created for the industry in the country.
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qatar asset management company and barclays
Qatar Asset Management Company (QAMC) and Barclays Natural Resources Investments (BNRI) have agreed a strategic partnership.
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gulfs asset management industry maturing
The asset management industry in the six Gulf Cooperation Council countries is maturing, in the wake of the recent global financial crisis, a new study says.
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hsbc bank middle east agrees deal to merge
HSBC Bank Middle East, a wholly-owned subsidiary of HSBC Holdings, has entered into an agreement to merge its Oman branch and HSBC Oman with Oman International Bank.
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globaleye opens uae insurance employee bens
Dubai-headquartered wealth manager Globaleye has opened a general insurance and employee benefits division in the United Arab Emirates.
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difc appoints mashreq bank head as board chairman
The Dubai International Finance Centre has appointed Aziz Al Ghurair as chairman of the DIFC Authority board of directors.