Inovest names new CEO
Bahrain-based investment company Inovest yesterday announced the appointment of Nabeel Al Tattan as its new chief executive. Mr Al…
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The main principles of Islamic treasury management
The day of a treasury function in an Islamic bank means having activities relating liquidity and foreign exchange management, i.e.…
Key Turkey fund setback for Ithmaar Bank
Bahrain-based Islamic retail bank Ithmaar Bank has announced that its Shamil Bosphorus Modaraba fund would not achieve its investment objectives…
Mideast funds become more cautious on equities, finds survey
Middle East funds have become more cautious about investing in equities after sharp pull-backs in some markets underlined how high…
Moody’s: High-risk assets continue to dominate GCC insurers’ investment mix
Gulf Cooperation Council insurers continue to face investment risk given the dominance of high-risk assets in their investment mix, Moody's…
Qatar, China groups to open Peninsula Paris after €430m refurb
Qatar hotel investor Katara Hospitality and operator Hong Kong and Shanghai Hotels will open their new Peninsula Paris hotel in…
Bahrain banks association signs research MoU with 21CC
At the signing ceremony at the BAB offices, BAB CEO Robert Ainey said, “One of the main objectives of a…
Bahrain banks association signs research MoU with 21CC
At the signing ceremony at the BAB offices, BAB CEO Robert Ainey said, “One of the main objectives of a…
Barwa Bank's net profit rises by 28% in the first quarter of 2014
The results show an increase in the bank's net profit by 28% to reach QR 201mn compared with QAR 157mn…
Societe Generale de Banque au Liban chooses Temenos T24
Societe Generale de Banque au Liban and Temenos have announced that they have jointly signed a deal whereby SGBL will…
DFM driven down as fund managers cite ‘violation of margin regulations’
Fund managers blasted at stock-brokers for what they saw as exceeding distribution of leverage to clients after Dubai’s shares declined…
Saudi- Al Hokair IPO solidifies Jadwa Investment's position as equity partner
Jadwa investment (jadwa) a major saudi private equity house and investment bank with headquarters in riyadh announces that its tourism…