Articles - Managers of Wealth Middle East

Worldwide investment funds attract net sales of EUR 828 billion in 2012

April 7, 2013

The European Fund and Asset Management Association, has released the latest international statistical release containing worldwide investment fund industry results…

Investment Banking

Morgan Stanley names veteran banker as new MENA head

April 7, 2013

Morgan Stanley named veteran banker Sammy Kayello as the chief executive and chairman of its business in the Middle East…

FinTech

Quality service is name of the game

April 7, 2013

The financial crisis of 2008/2009 highlighted the widespread lack of transparency in the asset management industry. In many cases,…

Executive Moves

QInvest's investment bank appoints former Credit Suisse banker

April 7, 2013

QInvest has announced the appointment of Mr. Michael Katounas as Head of Investment Banking to lead the firm’s Investment Banking…

Hedge Funds & Alternative Investments

GFH finalising WestLB facility restructuring

April 4, 2013

Gulf Finance House (GFH), a Bahrain-based Islamic investment bank, yesterday announced it has secured approvals from 32 syndicates for the…

Uncategorized

Saudi quits Islamic finance corporation

April 4, 2013

Saudi Arabia has left the International Islamic Liquidity Management Corp (IILM), which is preparing to launch its first long-delayed sukuk…

Market Forecasts

GCC banks outperform international banks: BCG

April 4, 2013

Middle East banking revenues continued to grow at single digit rates in 2012 with a 6.9 percent increase, while profits…

Uncategorized

NASDAQ Dubai welcomes US Dollars 750 million Emirates NBD bond to its market

April 4, 2013

NASDAQ Dubai has welcomed the listing of a seven hundred and fifty million US Dollar conventional bond issued by Dubai-based…

Regulation, Risk & Compliance

80pc of Arab banks ‘ready for new rules’

April 4, 2013

Eighty per cent of Arab banks are in a position to meet new international regulations on the level of reserves…

Comment & Analysis

Top 100 Billionaires Wealth Rose to $2.029 Trillion

April 4, 2013

Daily Daily YtD Prev. Rank Name US$ B $Chg %Chg $Chg Rank =========================================================================== Top 100 Total $2,029 11.5B 0.6% 101.3B …

Market Forecasts