Increased trade opportunities and direct air links are driving business between the regions.
Experts from Emirates NBD, Falcon Private Bank, Lombard Odier, Bank Sarasin-Alpen Group and Julius Baer reveal their regional wealth management strategies to Gulf Business.
Middle East investors are still seeking high-yielding investments, says Daniel Savary, head of Eastern Mediterranean & Middle East markets at Julius Baer
Rohit Walia, executive vice chairman & CEO at Bank Sarasin-Alpen Group, Middle East and India, says that the group will focus on tapping the Islamic finance industry in Saudi Arabia.
Swiss bank Lombard Odier is aggressively increasing its footprint in the Middle East, says its head of new markets, Arnaud Leclercq.
Middle Eastern cities such as Cairo and Amman lead the increase in occupancy rates.
The UAE-based contracting services company shares deal to construct pipelines in southeast Iraq with Italy’s SICIM.
The UAE-based shopping mall operator hopes to start construction on the project by the end of 2012.
As more regional and international companies turn to Islamic bonds to raise capital, Gulf Business lists the biggest Sukuks issued so far this year.
Egypt’s biggest investment bank, EFG Hermes and Qatar’s QInvest had reached an agreement in May 2012.
The German lender is laying off several senior staff in Dubai, according to sources.
Apple’s latest product will be on US shelves from September 21st, and should be available in the UAE just after that.
Ambassador Christopher Stevens is believed to be one of four US officials killed during an attack at the US consulate in Benghazi.
One of the world’s largest commodity traders has turned to Gulf-based banks to widen its lending pool.
The MENA region ranks fifth most popular destination for international expansion, with UAE most popular country.
Regional investors accounted for 12 per cent of Europe’s real estate market in Q2 2012.
Gulf firms are increasingly chasing Asian liquidity.
Hisham Kandil says he expects the country’s economy to grow by up to four per cent this financial year.
Egypt’s government is hoping to receive a $4.8 billion loan from the International Monetary Fund.
Majority of vacancies are for junior level executives while 45 per cent of firms will advertise less than five positions, says new survey.
Gulf Business takes a look at the biggest events that the GCC nations have hosted, are hoping to host, and the ones that got away.
Orascom Construction Industries, Egypt’s biggest listed company, feels weight of new plants in Algeria and the US.
The lender leads M&A advisory rankings in MENA with $4.7 billion of deals this year, according to Dealogic.
Ernst & Young survey shows shoppers in the region are more loyal to their preferred brands than shoppers in the UK or US.
King Abdullah of Saudi Arabia urges Gulf Cooperation Council to become a single entity.
The Gulf-funded football clubs continue to spend big money for new players as both teams get off to winning ways.
Although much of the country’s industrial production has been hit, the rural economy has been less affected by the turmoil.
With entrepreneurship in the region witnessing an unprecedented boom, funding options are also on the rise.
ICBC ME posted a pre-tax profit of $36 million in the first half of the year, up 157 per cent from H1 2011.
The money will be placed in the Yemeni central bank and will support the country’s economic recovery, a Yemeni minister said.