Articles - Managers of Wealth Middle East

UAE small businesses want to convert pricey loans into business mortgages

April 23, 2015

Small businesses are looking to roll high-interest post-crisis unsecured loans into commercial mortgages as banks ramp up their commercial portfolios…

FinTech

UAE Exchange joins hands with Bank of Baroda for FLASHremit

April 23, 2015

UAE Exchange , the leading global remittance, foreign exchange and payment solutions brand, has joined hands with Bank of Baroda…

Comment & Analysis

Financing ‘still a top challenge for UAE SMEs’

April 23, 2015

Financing is still a top challenge facing entrepreneurs, according to 45 per cent of the 152 small and medium enterprises…

Hedge Funds & Alternative Investments

Saudi Arabia timeline for foreign institutional investors’ access confirmed

April 23, 2015

“As a reminder, the draft rules published last year highlighted the points below. In our view, the foreign ownership limits…

Comment & Analysis

Resilient economy boosts bank profits in first quarter

April 23, 2015

Nearly Half a dozen banks that reported their 2015 first quarter results on Wednesday showed the strong resilience of the…

Financial Results

National Bank of Fujairah PJSC Q1 2015 net profit up by 29.6%

April 23, 2015

National Bank of Fujairah PJSC is pleased to announce its results for the three month period ended 31 March 2015.…

Investment Banking

CMA chairman's statement on qualified foreign financial institutions

April 23, 2015

Chairman of the Capital Market Authority Mohammed Aljadaan explained that there are several objectives that the Kingdom of Saudi Arabia…

Awards and Recognition

Growthgate Capital fully merits the 2015 Best MENA Mid-Market Private Equity House GCC

April 23, 2015

Growthgate Capital Corporation has awarded by CFI.co (Capital Finance International) as the Best MENA Mid-Market Private Equity House this year.…

Financial Results

Arab Bank Group Reports First Quarter 2015 Net Profits of USD 217.2 million

April 23, 2015

Arab Bank Group reported net profit after tax and provisions of USD 217.2 million for the first quarter of 2015…

Regulation, Risk & Compliance

Securities trading framework being upgraded in Bahrain

April 23, 2015

Key upgrades to securities trading frameworks will improve market integrity, fairness, transparency and better safeguard the interests of investors, it…

Financial Results