02/18/2013

Aviva mandates Barclays to sell Turkish unit

Since the departure of chief executive Andrew Moss last year, Aviva pledged it would dramatically overhaul the company by focusing on fewer businesses and shedding those that have high losses and high claims.

02/17/2013

Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels

The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.

12/04/2012

UAE bank selects Northern Trust to administer ETF

"We can offer a variety of ETF administration solutions to support our client's unique requirements for transparency and reporting, and are delighted to continue to work with National Bank of Abu Dhabi supporting the enhancements to this landmar

12/03/2012

MidEast investors eye Dubai property

Dubai’s property sector is the most popular asset class for Middle Eastern investors buoyed by its improved economic outlook, stable political situation and recovering rental and values, a report said.

10/14/2012

Old Mutual upbeat about its US prospects after asset sale

OLD Mutual’s US-based asset management business has accelerated plans to improve its operating margin following the announcement that it was selling five noncore affiliates for an undisclosed sum, Adrian Cloete, an equity analyst at Cadiz Asset Mana

10/10/2012

ME investors show interest in London property market

The number of UAE investors buying second homes in London continues to increase due to increased connectivity through frequent flights to the United Kingdom's capital and other cities from the emirates.