11/11/2014
Saudi Arabia’s NCB Seen Surging After IPO Is Discounted
Investors in the $6 billion initial public offering of Saudi Arabia’s National Commercial Bank may see the shares surge after the government discounted the offer.
11/10/2014
Standard Life to pull out of the Middle East
Financial services provider caught out by regulatory changes
11/10/2014
That makes it Turkey's biggest IPO since Pegasus Airlines, a low-cost carrier, floated in April 2013 at a $1bn valuation.
11/10/2014
To allow customers to subscribe using external funds deposited into their accounts would result in "suspicions that the bank is funding its customers for the purpose of subscribing to its bond issue"
11/08/2014
Arab Bank received two recognitions recently on the regional level for its trade finance and cash management services.
11/06/2014
Both properties opened for business in February last year
11/06/2014
The new investment platform will be funded with $10bn and is targeting investments in China, Singapore and other East Asian countries
11/06/2014
The “East Asia push” of Gulf countries has become more intense this week with a number of announcements made that put the fast-growing region in the focus of investment projects and business expansions.
11/06/2014
The retail portion of the SAR22.5 billion initial share sale by Saudi Arabia’s National Commercial Bank was 23 times subscribed
11/05/2014
Dubai-based investment bank expanding as regional demand grows
The Egyptian asset management market has become an attractive sector that is primed for further growth
11/05/2014
Emirates NBD Asset Management says most investors are switching assets for the first time since the 2008 crisis, drawn by the much higher returns offered by equities
11/05/2014
For the second consecutive year, National Bank of Kuwait was recognized as the Best Foreign Exchange Provider in Kuwait and the Middle East 2014 in an exclusive survey compiled by the world renowned financial magazine Global Finance.
11/05/2014
Petro state Qatar became the first Middle Eastern nation to be awarded RQFII status by Chinese financial regulators, receiving an investment quota of 30 billion RMB
11/05/2014
Friends Provident International has launched a new and improved version of its multiple award-winning Reserve portfolio bond, which has been fully authorised for sale in the United Arab Emirates by the UAE Insurance Authority.
11/05/2014
The 10-year bond had been assigned a provisional Long-Term Issue Rating of 'BBB-' by Capital Intelligence with a ‘Stable’ outlook.
11/04/2014
Persian Gulf investors from sovereign wealth funds to rich individuals increased spending on U.S. real estate, attracted by the pace of economic growth
11/03/2014
International Bank for Reconstruction and Development has recommended pension fund for expatriate employees
11/03/2014
Once the world’s hub of luxury high rise development, the United Arab Emirates city of Dubai has learned the hard way.
11/03/2014
China's central bank has signed a 35 billion yuan currency swap deal with its Qatari counterpart, in a step towards expanding use of the Chinese yuan in a region long dominated by the U.S. dollar.
11/02/2014
The Company primarily focuses on providing currency exchange and remittance services to expatriate workers in the UAE.