Former Soros Manager Sets Up Frontier Markets Firm in Dubai
When money managers set up in the U.A.E., they’re usually either investing in the region or trying to tap the…
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Saudi Arabia's Algosaibi calls May creditor meeting
Saudi Arabian conglomerate Ahmad Hamad Algosaibi & Brothers has called a meeting of creditor banks in Dubai on May 7…
Emirates Islamic unveils financing facility for commercial properties
Emirates Islamic on Sunday announced the launch of a financing scheme at competitive profit rates for completed commercial properties in…
NBAD Mena Dividend Leader crosses AED 1 billion
The National Bank of Abu Dhabi’s NBAD Mena Dividend Leader Fund has grown to more than AED1 billion and become…
Strategic brand consultancy Industry opens a new office in Bahrain
Industry, an award-winning strategic branding consultancy headquartered in London, has opened a new office in the Kingdom of Bahrain. …
NBAD Wins Two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
Zurich launches first Life Insurance proposition designed specifically for Middle East SMEs
Small and medium sized enterprises in the Middle East are leaving the very existence of their business at risk by…
ITS completes upgrade of Kuwait International Bank's systems
ITS has announced the successful completion of an ICT project with Kuwait International Bank to upgrade its banking systems offering…
Libya Fund Accuses French bank of Fraud
French bank Société Générale paid a middleman $58 million in alleged bribes to secure almost $2 billion in business from…
Profits almost triple for Dubai flagship conglomerate
One of Dubai’s flagship conglomerates has achieved a near threefold rise in profits for 2013 on the back of the…
Adia among leaders in record year for sovereign wealth funds
Sovereign wealth funds, the big government-owned investing institutions, had a year of record activity in 2013, with the highest levels…
Egypt’s economy to strengthen from 2014 to 2016: HSBC
The Egyptian economy is expected to pick up from 2014 to 2016 influenced by real export growth, according to HSBC’s…