Saudi market opening will take time to boost to local managers – Jadwa CEO
Saudi investment firms are unlikely to see immediate benefits from the opening of the kingdom's stock exchange, the chief executive…
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ETFs – slow and steady
Exchange-traded funds (ETFs) have struggled to gain the kind of traction in the Middle East that they have in other…
Starwood Hotels & Resorts to Double Middle East Portfolio in the Next Five Years
From the Arabian Hotel Investment Conference (AHIC) in Dubai, Starwood Hotels & Resorts Worldwide has announced it will double its…
Saudi Developers Must Build or Face Taxes
Saudi Arabia’s monarch isn’t afraid of riling the rich and powerful to get his subjects into homes they can afford.…
Kuwait Finance House Said to Weigh Sale of Malaysian Operations
Kuwait Finance House KSC, the first foreign Islamic bank to operate in Malaysia, is weighing a sale of its operations…
Rebranding Islamic banking
As Islamic banking ponders its next stage of development, it would be wise to consider the appeal of ethical investing.…
Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent, dragged down by lower returns from its commercial…
MoF and RAK Investment Authority sign MoU
The Ministry of Finance (MoF) recently signed a MoU with Ras Al Khaimah Investment Authority (RAKIA). This MoUhas been signed…
Investment top priority to sustain growth, reach goals in Kingdom: Assaf
The Kingdom of Saudi Arabia's new leadership is prioritizing investment in order to achieve sustainable growth and deliver a number…
Islamic microfinance unlocking big potential
The confluence of two strongly expanding industries, microfinance and Islamic finance, has seen rapid growth in the past years on…
Tadawul reforms ‘will promote liquidity, best practices’
The opening up of the Saudi stock market (Tadawul) to international investors is a “game changer” for the region, says…
Quarterly profits fall 9% in Middle East for HSBC
HSBC said first-quarter profit in the Middle East slipped 9 per cent, dragged down by lower returns from its commercial…