All Articles

Financial Results

ABC Islamic Bank announces 25 per cent increase in 9M 2014 net profit of $11.4 million

November 5, 2014

Total operating income rose to $16.5 million, compared to $13.0 million for last year. Operating expenses increased to $4.8 million…

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Fraud & Ethics

Premier client’s personal adviser loses appeal in embezzlement case

November 5, 2014

A banker lost his appeal on Wednesday and will spend five years in jail for abusing his banking job and…

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Hedge Funds & Alternative Investments

Commercial Bank of Kuwait cancels KWD 120 million bond

November 5, 2014

The 10-year bond had been assigned a provisional Long-Term Issue Rating of 'BBB-' by Capital Intelligence with a ‘Stable’ outlook.…

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Hedge Funds & Alternative Investments

Friends Provident International launches new and improved Reserve Portfolio Bond for UAE

November 5, 2014

Friends Provident International has launched a new and improved version of its multiple award-winning Reserve portfolio bond, which has been…

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Comment & Analysis

2015 Global Investor Sentiment survey

November 5, 2014

Global commercial real estate services firm Colliers International hasrelease its benchmark 2015 Global Investor Sentiment survey.    The study revealed…

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Comment & Analysis

What makes a successful entrepreneur?

November 5, 2014

Aiming to better serve entrepreneur clients, BNP Paribas Wealth Management has conducted the largest scale global research study into successful…

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Sovereign wealth

Qatar's wealth fund to launch $10 billion investment fund with China's CITIC

November 5, 2014

Qatar's sovereign wealth fund and Chinese conglomerate CITIC Group have agreed to invest $5bn each in projects in China and…

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Hedge Funds & Alternative Investments

Qatar joins RQFII party with $4.9 billion quota

November 5, 2014

Petro state Qatar became the first Middle Eastern nation to be awarded RQFII status by Chinese financial regulators, receiving an…

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Awards and Recognition

NBK Named Best Foreign Exchange Provider In Kuwait And Middle East

November 5, 2014

For the second consecutive year, National Bank of Kuwait was recognized as the Best Foreign Exchange Provider in Kuwait and…

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Islamic Finance

DIFC Investments prices $700 million Sukuk

November 5, 2014

DIFC Investments LLC (“DIFCI”), rated BBB- (stable) by Standard & Poor’s, successfully priced a $700 million 10-year Sukuk issued at…

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Comment & Analysis

Most investors in the UAE are shifting their investments to equities

November 5, 2014

Most investors in the UAE are shifting their investments to equities from fixed income for the first time since the…

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Legal

Compliance With FATCA ‘Inevitable,’ Says Withers

November 5, 2014

Compliancy inevitably and absolutely the first step’ with regards to the US Foreign Account Tax Compliance Act (FATCA), stated Kristin…

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