Financial advisers express concern most expats in UAE, rest of GCC don't have any savings for retirement.
Andy Cairns was previously managing director and global head of debt origination and distribution at NBAD.
The steep loss came on the back of efforts to cut risk and costs from the closure of its Singapore branch.
Dubai has highest number of residents with at least $1billion in fortunes.
The FCA said in 2013 that Barclays failed to disclose payments of 322 million pounds in advisory fees to Qatari investors.
The conference attracted over 1,500 entrepreneurs, investors, heads of government departments.
Steve Brice, Chief Investment Strategist of Standard Chartered introduces the bank's new global market outlook.
The attractive features of baituna home finance include low interest rates with maximum loan tenure up to 25 years for Omani customers
Al Ghurair calls for further collaboration across UAE banking industry to become more cyber resilient
Prices of Saudi bonds stayed firm