Hedge fund flows help Asiya assets to $1bn
Asiya Investments, a Hong Kong-based fund manager with roots in the Middle East, has doubled its assets since the start…
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Egypt national elections offer hope: EFG co-head
The co-chief executive of EFG Hermes told CNBC that Egypt was undergoing political rejuvenation, meaning it had a lot to…
Gulf finance house posts first quarter profit
Gulf Finance House (GFH), the Bahrain based Islamic investment bank, today announced its financial results for the first quarter ended…
Iraqi Exchanges in Dubai to Woo Regional Investors
Representatives of Iraq’s two stock exchanges are in Dubai this week to court regional investors and to present their respective…
Morocco Islamic Finance 2014: Unlocking the Kingdom's Potential
IFAAS, the international consultancy specialising in Islamic finance, today announced that it had acted as the Survey Executive Partner on…
Fortress Investments hails Dubai’s move to study setting up Islamic Exim Bank
Fortress Investments hails Dubai’s move to study setting up Islamic Exim Bank. “Exim Bank is by definition an institution…
BNP Paribas 'could pay $3bn to resolve Iran claims'
BNP Paribas is in talks with US authorities to pay more than $3bn to resolve probes into whether the French…
UAE banks wooing property owners to go for more
Property owners in Dubai who are keen to acquire another in the city needn’t be too concerned about how to…
Emirates Money Named Best Non-Bank Consumer Finance Business
Emirates Money, the consumer finance arm of Emirates NBD, a leading bank in the region, today announced that it had…
National Bank of Greece to Sell Stake in Turkey’s Finansbank
National Bank of Greece SA, the country’s biggest lender, plans to sell a stake in Istanbul-based Finansbank AS as demand…
Islamic Development Bank approves $671 million project funding
An IDB statement said the Executive Directors approved $312.8 million to finance electricity projects in Egypt and Senegal; $110 million…
Mint Middle East signs technology partnership agreement with S2M
Mr. Abdul Razzak Al Abdullah, Chairman of MINT Middle East said: “Our decision to partner with S2M was based on…