ABA News Four Arab banks Rank Among World’s Safest 50 Four Arab banks have been ranked among the world’s Safest 50 banks by Global Finance Magazine. National Bank of Abu Dhabi (NBAD) ranked 31, National Bank of Kuwait (NBK) 35, Qatar National Bank (QNB) 42 and Samba Financial Group 43. Global Finance’s rankings are based on credit ratings assigned by the three big credit rating agencies, Fitch, Moody’s and Standard & Poors, as of 11 February 2013. NBAD and NBK have the same ratings – AA- from Fitch and Moody’s, A+...
Mounia KhelifiMacquarie Bank
Haissam SalehQIB UK (Plc)
Laith Al-HilfiHazlems Fenton LLP Chartered Accountants
David BurgeDixcart International
Lena Al-ChamaaKleinwort Benson
Raney AburdeneCapital Trust Limited
Raed HannaMutual Finance Ltd
Mauro RuscaBanca Monte Dei Paschi Di Siena
Abdulaziz AlDuweeshGatehouse Bank Plc
Twalha DhunnooGatehouse Bank Plc
Martin WestacottGatehouse Bank Plc
Fahed BoodaiGatehouse Bank Plc
Ammar BukhamsinUBS Investment Bank
Sacha ExpositoRiyad Bank London Branch
Karen DempseyRiyad Bank London Branch
Nichola BridgerRiyad Bank London Branch
Nigel DenisonBank of London and The Middle East plc
Vivien DaviesEdwinCoe llp Law Firm
ABA News Lord Lamont of Lerwick and Patrick Seale prompted a lively discussion about Britain’s role in the Middle East on 7 March. Both speakers called for a more independent British approach to the Middle East, with Lord Lamont focussing his remarks on British relationship with Iran, and Patrick Seale concentrating on the situation in Syria, Iraq and Palestine. The event, entitled, “The Middle East in Turmoil: What Can Britain Do?”, was organised by the Arab Bankers’ Association in partnership with the Conservative Middle East Council. Following the prese...
ABA News Fifty ABA members attended a briefing on recent changes to U.K. tax law and regulations, held at the ABA’s offices in Upper Grosvenor Street on 14 February. The event included presentations by two former officials at the U.K. tax authority (HMRC), currently working for financial advisors Smith & Williamson; a tax partner at law firm King & Spalding; and BNY Mellon’s Head of EMEA Tax Services. Jawad Ali, the Managing Partner of King & Spalding’s Middle East offices chaired the event and led the question and answer session. G...
30/05/12 Arab Banker Online and Print Issue
ABA News Arab Banker's latest Print and Online edition looks at the evolving investment climate in the GCC region, the risks posed by the Iran crisis and the eurozone troubles and the role increasingly played by GCC investors, including the sovereign wealth funds, outside the Middle East, especially Europe, Africa and the Americas. The GCC region has gone through a vast array of financial developments through the better part of 2011, exepriences that have been challenging for decision-makers but also have opened up new opportunities. In tandem with our examination of the GCC investor ...