UAE banks’ credit growth forecast at 7.8% in 2015
The UAE’s economy is forecasted to witness credit expansion at around 7.8 per cent in 2015, said a leading economist.…
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Dubai hedge fund firm adds top UAE tycoon to board
Dalma Capital Management Limited, a Dubai-based hedge fund manager, has announced that high profile business tycoon Mishal Kanoo has been…
Routes between Emerging Markets and leading cities record strongest growth in private jet market
Although US routes dominate the world's private jet market, journeys between emerging markets and the world's leading cities are some…
Diversification in the Gulf
Kuwait has more to offer than oil. With real estate and Islamic finance on the increase, World Finance spoke with…
ICD and Afreximbank agree to cooperate in private sector development
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank…
Arab bankers express concern over Asya intervention
A government intervention into a leading Turkish Islamic bank is a bad reflection on the country's banking sector, which has…
MMG secures two new FM contracts in Syria
The Syrian branch of the Lebanon-based Maintenance Management Group (MMG) has secured two new contracts for Bank Bemo Saudi Fransi.…
Amwal Named "Alpha Champion" by EMEA Finance
In recognition for its excellent investment performance track record, Amwal, Qatar's leading independent asset management firm was named the 'Best…
Sedco Capital plans to start feeder fund
Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and…
Citigroup sells stake in Turkey’s Akbank for $1.2b
Citigroup has sold its nearly 10 per cent stake in Turkey’s Akbank for $1.2 billion, the US lender said on…
Dubai and South Korean sovereign wealth funds in landmark cooperation deal
Investment Corporation of Dubai (ICD), the government investment group, has struck a landmark deal with the sovereign wealth fund of…
Exec reveals how Brookfield, Qatar conquered Canary Wharf
Brookfield Property Partners' chief executive has lifted the lid on the three-month long battle for Canary Wharf, which culminated in…