02/18/2013
Banking and property recovery helps Dubai bourse to get back into black
The Dubai Financial Market General Index rose 20 per cent last year, compared with a 16 per cent drop the year before after the Arab Spring uprisings
Alternative Investments
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.
02/17/2013
Deutsche Bank Receives Two Best Fund Administrator Awards
The awards recognize Deutsche Securities and Services excellence in providing first class innovative solutions to clients to support their needs and achieve their growth targets.
02/12/2013
Sumitomo Mitsui Forms Alliance With Garanti Bank in Turkey
The three Tokyo-based megabanks are seeking to boost lending abroad
02/10/2013
Dubai sovereign wealth fund in $2 billion refinancing talks
The loan is the second tranche of a $6 billion facility that the ICD raised in September 2008
02/03/2013
Dubai Group Lenders Said to Decline RBS, Standard Bank Offer
None of the lenders decided to take the offer before the deadline expired last month, the bankers said, asking not to be identified as talks aren’t public.
02/03/2013
Abu Dhabi's Waha Capital annual profit rises 38 pct
Q4 net profit 183.5 million dirhams versus 92.95 million dirhams q4/11
12/27/2012
Burgan Bank issues record 100m Kuwaiti dinar bond
The bond issue was "nearly four times oversubscribed", Salah Al Fulaij, the chief executive of NBK Capital, said.
12/09/2012
Fixer aims to revitalise the loss-making Dubai bank Shuaa
"The worst is behind us, but there are still big challenges ahead. It all depends on the outcome,"
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.
11/18/2012
Saudi Prince Walid bin Talal buys luxury Canada hotel
“This transaction is in line with our investment strategy to develop hotels in selected key cities,” Prince Walid said in a company statement announcing the deal.
10/28/2012
Middle East private equity firms to sell assets
Private equity firms in the Middle East are preparing to exit a range of investments
10/25/2012
KSA, UAE, Qatar spur Mideast fund industry - RESEARCH
The regional fund industry is showing greater optimism and confidence in 2012 compared with 2011, Advent Software, Inc. said in its white paper titled “Middle East Fund Survey 2012”.
10/21/2012
Al Rajhi Capital takes top honours at Global Investor/ISF Magazine Awards
Al Rajhi Capital, one of the leading asset managers in the Kingdom of Saudi Arabia
10/18/2012
Rare Qatar-Dubai bank notes fetch $290,000
The uncirculated notes all feature the same early serial number, which makes them even rarer, said the auction house.
10/15/2012
Bahraini-Japanese Investment Opportunities explored in Tokyo
The Bahraini delegation comprises the CBB governor Mr. Rasheed Al-Mi'raj, the CEO director for Banking Operations in the CBB Shaikh Salman bin Isa Al Khalifa, and the EDB financial services director Boyd Winton.
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.