Wednesday 25 December 2024
 
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Sarasin

Bank Sarasin order to pay $10.45m to Kuwaiti investors

Switzerland's Bank Sarasin and its Middle East unit must pay $10.45 million to members of Kuwait's wealthy Khorafi family after the financial institutions were found to have mis-sold $200 million of investment products, a Dubai court has

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DIFC Courts business expanding in scope, value

A landmark ruling by the court system in Dubai's financial free zone suggests the emirate is starting to influence the way international business disputes are resolved in the Middle East, partly taking over that role from London and New York

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Dubai flexes legal muscle as financial court expands

A landmark ruling by the court system in Dubai's financial free zone suggests the emirate is starting to influence the way international business disputes are resolved in the Middle East, partly taking over that role from London and New York

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Swiss bank mis-sold $200m investments to Kuwaitis

Switzerland's Bank Sarasin mis-sold $200 million of investment products to Kuwait's prominent Khorafi family, a court at Dubai's financial centre found on Thursday in a ruling that could set a precedent for similar disputes in the re

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Sarasin-Alpen, Alpen Capital to hold music event

Bank Sarasin-Alpen (Qatar), a subsidiary of Bank Sarasin, a leading Swiss private bank, and its investment banking associate Alpen Capital Investment Bank (Qatar) will host a musical concert in Doha. The second annual Global Fusion on wil

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Bank Sarasin to launch equity funds in Gulf

Bank Sarasin's new Dubai unit will launch two equity funds worth up to $1 billion to target Gulf and Middle East stocks which it believes are undervalued, an executive said on Tuesday. Chief investment officer Burkhard Varnholt said the Sw

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Sarasin-Alpen gets advisory license for Oman

Bank Sarasin has been granted the license to provide advisory services in private banking in the Sultanate of Oman by the country’s Capital Market Authority (CMA). Oman incorporated Sarasin-Alpen (Oman) is the first Swiss-origin pri

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