Arab investors move into Canadian health food market
A consortium of investors from the Middle East region is set to acquire a majority stake in La Maison Cannelle,…
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Mobily fiasco highlights need for good governance in the Middle East
As Etisalat and Saudi Arabia’s stock exchange begin to welcome foreign investors for the first time, the travails of Etihad…
Insurance companies seek improved risk management framework
A significantly large number of insurance companies from the UAE and Saudi Arabia are seeking to enhance their risk management…
Alternative Islamic opportunities on the rise
Guidance Financial Group specialises in the development and management of alternative investment solutions in the asset classes such as real…
Ithmaar Bank earns Excellence Award
Ithmaar Bank , a Bahrain-based Islamic retail bank, achieved exceptional operational efficiency in 2014 to earn a prestigious Excellence Award…
UAE bank ADIB says shareholders back $137 mln rights issue, sukuk plans
Shareholders of Abu Dhabi Islamic Bank have approved plans to raise 504 million dirhams ($137.22 million) of share capital through…
BECO Capital Invests in Bayzat, a Regional Startup in the Emerging Healthcare Insurance Technology Sector
BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council countries, today announced that…
Alpen Capital sees strong growth opportunities in GCC and India
Alpen Capital, an investment bank headquartered in Dubai with branch network across the GCC and India, expects to see steady…
Liquidity concerns still remain in GCC banking
Saudi banking sector lending growth is close to three per cent in first four months of 2015 which was mainly…
Emirates Investment Bank sitting on more cash, trims bond holdings
Emirates Investment Bank has trimmed its holdings in fixed income space and are sitting on a fifth of its portfolio…
Kingdom Holding, CDCIC launch $400 million fund
Kingdom Holding Company, chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, announces the signing of a memorandum of…
HSBC Bank Oman agrees to sell Pakistan business to Meezan Bank
HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank , a sharia-compliant Pakistani lender,…