Majority shareholders selling out of Watania
The statement to the ADX did not elaborate on the size of the stakes being sold or on the names…
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BHB best performing market in Gulf region
Bahrain Bourse (BHB) was the best performing market in the second quarter, gaining 5.2 per cent, followed by Oman's stock…
QCB set to issue QR4bn T-Bills
Qatar Central Bank ( QCB ) will issue QR4bn worth of local currency Treasury bills next week. The T-bills,…
Bank Audi net profit reaches $190 million for H1 2014
At the MENA banking level deposit growth over the first five months of the year maintained last year's corresponding period…
EFU Insurance to open Takaful windows
In a note dated 11 July, EFU General Insurance said that its Board of Directors had unanimously decided to open…
Aston Martin to revive Lagonda exclusively in the MidEast
Aston Martin, the British luxury car maker part-owned by Kuwait’s Investment Dar, has announced it is to revive the long…
Sovereign wealth funds eye european real estate
According to a survey by international real estate advisor Savills, sovereign wealth funds in 2013 accounted for total investment volumes…
Kouros Capital announces billion dollar investment plan for Nigeria
Kouros Capital Group Limited (KCG) has announced that it is making immediate arrangements to bring into Nigeria substantial investment funding…
Investing ethically in the Middle East
With several of the Middle East’s city-states becoming some of the world’s richest locations, it’s little surprise that an increasing…
Investment banking: Middle East feels better
There were some excited noises from the Middle East after Thomson Reuters reported a 72% jump in quarterly investment banking…
Dubai’s Hotel Boom Has Designer Labels
The air-conditioning vents in the Palazzo Versace hotel here zigzag like the Versace design. Every piece of the giant, colorful…
Turkish Bank First in Europe to Deploy NCR's Interactive Teller
Duluth-based NCR Corp., a global provider of ATMs and other technology enabling financial transactions, has launched new software using its…