Fiba’s Credit Europe Bank to exit Russia
Turkish Fiba Holding’s Credit Europe Bank is exiting the Russian market, according to daily Kommersant, at a time when economic…
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Great potential in need of an edge
Why is there so much more research done on baldness than on malaria? Because rich people go bald, and they…
Market analysis: Emerging Asia equities look solid amid global recession worries
Global equity markets have started this year on a sour note with a sell-off partly caused by investors reacting to…
Leader in ethics, leader in managing wealth
Absolute discretion; the strength of character that engenders trust; the emotional intelligence that enables one to gauge a client’s needs,…
Dispute resolution developments in Abu Dhabi
Leading global law firm Dentons hosted a gathering of construction and energy practitioners last week to consider the growing trend…
Bahrain's Investcorp H1 net profit rises 12 pct
Bahrain-based alternative investment fund Investcorp posted a 12 percent rise in first-half net profit on Wednesday. Net profit grew…
Islamic finance to override oil price woes, prospects remain strong
The prospects for Islamic finance remains strong given the growing interest towards Shariah-compliant investment asset class, despite the inevitable correlation…
KFH-Turkey issues capital boosting $350m sukuk
Kuwait Finance House Turkey has issued Tier 2 capital-boosting sukuk worth USD 350 million to support its capital situation. …
Gulf sukuk body stresses debt capital market opportunities
The Gulf Bond and Sukuk Association, in partnership with Dentons and Standard Chartered Bank, has held its inaugural debt capital…
Local investors lead major ME bourses up but banks dampen Abu Dhabi
Several major stock markets in the Middle East rose on Monday as local investors bought back shares, though bluechip banks…
Bank Nizwa achieves operational break-even
Bank Nizwa, Oman’s first dedicated Islamic bank, achieved operational break-even point between revenue and expenses, reporting a total revenue growth…
Alkhabeer Capital Launches its IPO Fund
Alkhabeer Capital announced the launch of Alkhabeer IPO Fund. The Alkhabeer IPO Fund is a Sharia Compliant, Open-Ended Investment…