News

BLME to open branch in Dubai

DIFCUK-based Bank of London and the Middle East (BLME) has opened a branch in the Dubai International Finance Centre (DIFC). The new office will focus on providing a wealth management service for professional private banking clients and family offices in the DIFC. The branch will be led by newly appointed senior executive officer Rayan Kazerooni. The office opening, BLME’s first in the GCC, was hailed as an important milestone for the bank by its head of wealth management, Andrew Ball. “The GCC is key to BLME’s business and opening a branch in the DIFC reflects our commitment to the region,” he said. The move would spearhead the bank’s ambition to become the primary UK-based wealth provider for UAE citizens and provide a “tangible link to the UK for our regional clients” said Kazerooni. Earlier this month BLME signed a memorandum of understanding with Bahrain-based Al Baraka Banking Group. ©2018 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Jan 04, 2019

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

Roundtables

ROUNDTABLE: Hooked to the global caravan

Jan 04, 2019

With the MENA region at a tipping point, our panellists talk about economic diversification, the impact of regulation and the delayed Saudi Aramco listing. Chaired by Romil Patel in Dubai.

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.