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Ashburton targets private wealth and family offices with launch of Africa Equity Opportunities Fund

May 27, 2013

Ashburton has launched its new Africa Equity Opportunities Fund. The strategy will be focused on targeting undervalued listed African equities…

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FinTech

Warba Bank becomes a member of KNET

May 27, 2013

KNET provides electronic banking services to all Kuwaiti banks. KNET also the GCC states. KNET is committed to accuracy and…

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Sovereign wealth

Bank of American hiring in Middle East as sovereign wealth funds target U.S.

May 27, 2013

Bank of America Corp., the second- largest U.S. lender by assets, is hiring bankers in the Middle East as sovereign…

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Hedge Funds & Alternative Investments

Geojit BNP’s Bahrain partnership co to launch operations in Kuwait

May 26, 2013

It will be the first company in Kuwait to offer NRIs access to Indian capital markets, BBK Chief Executive Abdulkarim…

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New Investment Products & Services

Nasdaq Dubai to launch bond trading platform

May 26, 2013

  Nasdaq Dubai, an exchange based in the emirate’s financial free zone, is preparing to launch a trading platform for…

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Hedge Funds & Alternative Investments

New Shariah-compliant fund targets HNW's and family offices

May 26, 2013

SEDCO Capital Global Funds, the Luxembourg based asset manager and leading provider of Shariah compliant investment solutions, has announced the…

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Executive Moves

Ajman Bank appoints new CEO

May 26, 2013

  Ajman Bank, the award-winning banking institution, committed to transforming the experience of Islamic Banking, officially announces Mohamed Zaqout as…

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Financial Results

Jordan's Arab Bank sees double digit profit in 2013: CEO

May 26, 2013

  Jordan's Arab Bank, the country's largest lender, said it expects double digit profitability in 2013 as much lower provisions…

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Uncategorized

Swiss private bank opts to groom wealth managers

May 26, 2013

  Private banking giant Credit Suisse may have surprised some of its competitors with a move to hire fresh graduates…

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Awards and Recognition

Arab Banking Corporation named 'Best Trade Finance Bank' in Bahrain

May 26, 2013

New York-based Global Finance magazine has recently named the Arab Banking Corporation as the "Best Trade Finance Bank in Bahrain…

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Sovereign wealth

Abu Dhabi Wealth Fund Cuts Reliance on External Managers

May 25, 2013

  Abu Dhabi Investment Authority, among the world’s biggest sovereign wealth funds, is curbing reliance on outside fund managers and…

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Awards and Recognition

KFH-Bahrain wins top award for merger role

May 25, 2013

Kuwait Finance House - Bahrain received the Best Investment Advisory Service 2013 Award from CPI Financial for its role as…

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