Auction of Saudi tycoon's properties to start Dec 2

The case is separate from the scores of Saudi businessmen and prominent figures who were held on corruption charges last year at Riyadh's Ritz-Carlton Hotel, although it touches on similar investor concerns about corporate governance.


NBB receives special award from Citi Bahrain

NBB head of coverage, corporate and institutional investment banking Ali Abdulkarim; relationship manager financial institutions Amal Safar; head of treasury operations Nabeel Kazim; and Citi head of financial institutions, Bahrain and Kuwait, Omar Kopti


Banking: Merger momentum grows in the Gulf

With 46 commercial banks for a population of just nine million (not counting the banks in the Dubai International Financial Centre), the United Arab Emirates has long been exceptionally overbanked.