06/22/2016
High public investment underpins growth
Banks’ foreign liabilities have increased as banks have sought to borrow from overseas.
Alternative Investments
06/21/2016
BankDhofar Wins Best Retail Bank in Oman at The Banker Middle East Industry Awards 2016
Our diverse array of financial solutions is tailored to match and even exceed the expectations of all segments of customers.
06/21/2016
Quarter of Gulf investors won’t use properties abroad
Instead, investors said they planned to use their new property as a “second residence", many of which are unlikely to be lived in at all.
06/21/2016
Iran mulls building a ‘bank island’ to encourage global investors
The island is the largest in the Persian Gulf, and has a population of 117,774, mainly occupied in fishing, salt mining and tourism.
06/20/2016
Dubai group pays $2.4 billion for control of Kuwait's Americana
That represents a 26 percent premium over their last market price.
06/20/2016
Nasdaq Dubai welcomes listing of a 400 million USD bond by Industrial and Commercial Bank of China
It welcomes regional as well as global issuers that seek regional and international investment.
06/17/2016
Gulf wilts in early trade as Brexit risk saps sentiment
Dubai's index fell back 0.6 percent as builder Arabtec lost 1.4 percent and Dubai Islamic Bank dropped by the same percentage.
06/17/2016
QNB Group completes acquisition of Turkey’s Finansbank
Our strategy is to focus on high-growth markets where we see a competitive advantage.
06/17/2016
Quilter Cheviot partners up with UAE advisory firm PWS
Dubai-based IFA firm Prestige Wealth Solutions, which advises local expats on their pensions, has teamed up with investment manager Quilter Cheviot to offer its clients a discretionary management service.
06/16/2016
Kuwait's Americana said to revive sale talks
But the long-running sale process collapsed at the end of May.
06/16/2016
$100m fund launched
The fund will act as a market maker, providing two way quotes on most of the listed stocks with a reasonable spread to allow the investors to actively trade their stocks.
06/15/2016
Premium is what will drive Dubai realty
The affordable category will however continue to face bouts of demand instability
06/15/2016
Iran in talks with Chinese and Russian banks on finance hub plan
Iran’s economy has traditionally relied on oil revenue and consumption by the internal market
06/14/2016
QDB launches SMEs Rating and Accreditation
The SME Rating and Accreditation will be an independent third party certification issued by QDB.
06/13/2016
Oman in first international bond market foray in 20 years
Fact that issue is likely to be eligible for inclusion in JP Morgan index despite being a high-income economy raises eyebrows
06/13/2016
How UAE expatriates can be 'global pensions crisis defiant'
OECD report shows global retirement incomes are falling sharply
06/10/2016
Dubai Investments plans to launch $544m education, healthcare funds
The Funds will be structured to provide cash yield of around 8 percent per annum with attractive IRRs on exit
06/10/2016
Saudi CMA approves amended Investment Funds Regulations
The amended regulations include 104 articles covering fund management, custody, offering and selling units, merging funds and offering units of foreign funds in the Kingdom.
06/09/2016
Omani Merger Deal Set to Create Nation’s Second Biggest Bank
The two banks have been exploring a possible merger since July 2013.
06/09/2016
Protecting human capital
SME businesses are focussed on products, customers and competition, but, they have to keep in mind that perils such as natural disasters, accidents and legal conflicts can lead to incapacitation of their strategic assets and wipe out many growth efforts.