10/01/2013
UAE investors look east as growth of developed economies slows, HSBC says
Retail investors in the UAE are increasingly looking to Asian markets to park their cash.
10/01/2013
Qatar Holding, the investment arm of the country's sovereign wealth fund Qatar Investment Authority (QIA), has bought NYSE Euronext's 12 percent stake in the Qatar Exchange, the Doha-based bourse said in a statement on Tuesday.
09/30/2013
The sale comes after achieving all the “strategic goals” identified for the exchange when NYSE bought a 20 percent stake in June 2009, according to an e-mailed statement today from the two companies.
09/29/2013
Saudi Arabia likely to be the beneficiary as funds set to invest more in the Kingdom
09/28/2013
The Islamic investment firm emerged from Chapter 11 on Sept. 17 after seeking court protection in March 2012 under hedge fund pressure ahead of the repayment of a $1.1 billion Islamic loan.
09/27/2013
Napier Park Global Capital 'Napier Park', a global alternative asset management firm, announced today that it has expanded its business operations into the UAE and is opening an office at the Dubai International Financial Centre
09/27/2013
Bank Muscat, the flagship financial services provider in the Sultanate, has won an award from Wells Fargo bank for outstanding performance in dollar denominated fund transfer and commercial payments. Abdullah al Hinai, DGM
09/25/2013
Turkey raised its gold reserves by the most in five months in August and topped the list of countries that bought more bullion
09/25/2013
Mubadala, the Abu Dhabi investment fund with a mandate to develop the emirate's local economy, on Thursday posted a 10.4 percent rise in first-half profit boosted mainly by income from financial investments.
09/23/2013
Dubai is not currently in negotiations with Abu Dhabi to refinance $20 billion of crisis-related debt that will come due in 2014
09/19/2013
The international business will be based outside the Middle East, according to the memo. Sofia Rehman, a Credit Suisse spokeswoman in London, confirmed the contents of the memo.
09/17/2013
Head of Fixed Income and Currency at Baring Asset Management was delighted to partner with one of the region’s fastest growing regional banks and help contribute to the growth and diversity of the local investment markets.
09/17/2013
The news comes hot on the heels of First Gulf Bank announcing a tie-up with Manchester Cityon Tuesday and United Arab Bank announcing an affiliation with Spanish giants Barcelona last week.
09/16/2013
Several sources have told Reuters the family is prepared to sell 15 to 20 percent.
09/15/2013
The Saudi banking sector offers a compelling investment opportunity due to a strong loan growth outlook, coupled with the bottoming out of NIMs contraction
09/14/2013
There is a surge in conventional and drop in sukuk issues in the GCC region in the first half of 2013 compared to same period in 2012
09/04/2013
Qatar's banking Sector is set to Meet The Country's Infrastructure Finance Demand in excess of $100bn until 2022, says a new report.
09/04/2013
HSBC Bank Middle East Limited is giving its customers the opportunity to connect to China with the launch of a series of Renminbi (RMB) deposit accounts.
09/01/2013
Statistics show that the UAE is home to about 5,000 Chinese-run enterprises and attracts thousands of visitors from China every year
09/01/2013
The group has been a long-term investor in Turkish equities and in 2008 launched a Turkish venture, Ashmore Portföy, one of its first domestic asset management ventures.