Gulf millionaires see regional economy worsening in 2017
More millionaires in the Gulf believe regional economic conditions are worsening in 2017 than last year, according to a new…
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Real estate funds will enter Egypt through three contenders in 2017
After three years following the approval of the Egyptian Financial Supervisory Authority (EFSA) for establishing real estate funds, Egypt will…
Ruler appoints new Dubai Holding chairman
Dubai's leading real estate tycoons will take charge of Dubai Holding, the investment vehicle of the emirate's ruler which has…
Standard Chartered Bank appoints first Arab CEO in Qatar
Standard Chartered Bank has appointed Abdulla Abdulrazaq Bukhowa as its new chief executive officer in Qatar. He is the first…
GCC insurers' gross premiums will grow, 2017 profitability may be volatile
This is despite the current economic slowdown in the GCC region, which is the result of relatively low oil and…
Doha Bank bags Best local bank in Qatar award
Doha Bank has won the ‘Best local bank in Qatar’ award at the ‘EMEA Finance Middle East Banking Awards 2017’.…
Bahrain’s sovereign wealth fund is back on track
It has been almost five years to the day since Mahmood Hashim Al Kooheji took over as head of Bahrain’s…
How GCC can lower bond issuances
Fiscal consolidation in the GCC in 2016 will likely lower international bond issuance volumes by $6.4 billion (Dh23.51 billion) in…
Turkey's Sovereign Wealth Fund focuses on partnerships
Turkey's Sovereign Wealth Fund Chairman and General Manager Mehmet Bostan has revealed that the SWF and Russia plan to sign…
Abu Dhabi Commercial Bank issues $230 million Formosa bond
Abu Dhabi Commercial Bank (ADCB), the emirate's second largest bank by assets, raised $230 million through the sale of a…
Commercial Bank of Qatar considers international bond issue
Commercial Bank of Qatar (CBQ) is in talks with banks about a potential international bond issue that will most likely…
QInvest’s Income-generating Ijarah Fund oversubscribed
Qatar-based QInvest, has successfully launched its QInvest SQN Income Fund (the “Fund”), with it being oversubscribed. The Fund, which…