CBRE names global investment chief as Dubai staffs up
The move will expand his oversight of investment decisions and offerings in publicly traded and nonlisted securities, according to a…
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DIFC’s new Academy of Law inks first international memorandum
The new DIFC Dispute Resolution Authority Academy of Law has signed its first international cooperation agreement, in a move designed…
Saxo Bank 'Prioritising' Middle East Investors
Saxo Bank has launched a dedicated Arabic website as part of its latest drive to encourage retailers and investors across…
UAE family conglomerate Al Jaber hires CFO
Abu Dhabi family-owned conglomerate Al Jaber Group, which is seeking to renegotiate a debt restructuring put in place last year,…
Gulf-based Islamic banks face prospect of lower net income growth
After delivering strong results in 2014, Islamic banks in the Gulf face a gradually weakening operating outlook in 2015-2016, largely…
Al Baraka Banking Group targets ambitious foreign ventures
Al Baraka Banking Group says it plans to almost double its assets to US$46 billion in the next five years…
Citigroup Hires Two From Deutsche Bank for EMEA Prime Finance Unit
Citigroup Inc. hired Deutsche Bank AG’s Simon Kempton and Daniel Caplan for its prime finance business in Europe, Middle East…
Growing trend: Islamic finance goes offshore
The rise of Islamic finance and sukuk issuances have brought with it a growing phenomenon: Shariah banking is increasingly taking…
Four Moroccan Banks Among World’s Top 1,000 Banks
The Moroccan banks ranked by the British financial magazine the Banker included: Attijariwafa Bank, Banque Centrale Populaire, BMCE Bank and…
Al Masah Capital reports MENA recorded 16 private equity deals worth $2.6b
First half of 2015 reflects ongoing economic and investment growth in the region Al Masah Capital Limited, one of…
Al Masah Capital reports MENA recorded 16 private equity deals worth $2.6 billion
Surveying wealth creating vehicles and funds, IMF recorded a growing economic landscape in the Middle East and North Africa despite…
Abu Dhabi Sovereign Fund Unit CEO Departs, CIO Said to Leave
Nazem Al Kudsi, the chief executive officer of Abu Dhabi Investment Company, a unit of sovereign wealth fund Abu Dhabi…