Asset management industry growing
Assets under management in Qatar, sponsored by entities based in Qatar, increased 0.1 percent in 2012 H1, noted a…
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Kuwait to bail out banks
Kuwaiti authorities are said to have reached a provisional agreement under which its Government will buy out billions of…
Is Abu Dhabi the next Dallas?
The UAE capital is the seat of the country's power and owns a tenth of the world's oil. Fund managers…
Wipro Infotech wins three-year contract from Emirates NBD
Wipro Infotech, the India and Middle East IT Business unit of Wipro Ltd, has won a three-year strategic managed services…
USD 1.3 trillion assets of Islamic banks by end of 2012 – RESEARCH
KFH-Research has issued a report that stated that total assets of Islamic banking in the GCC region is 34%…
Gulf Bank appoints new chairman
Omar Kutayba Alghanim has been appointed chairman of Kuwait's Gulf Bank KSC, it said in a statement on Saturday. Alghanim's…
Dubai luxury villa prices up 20% in 2012
Property prices in Dubai rose the second highest globally, registering a 20 per cent increase in 2012, a new global…
Qatar richest country in the world: IIF
Qatar retained its ranking as the world's richest country in 2012, with its per capita income soaring to an incredible…
BLME moves top performing sukuk fund to daily dealing
BLME's Global Sukuk Fund has moved to daily dealing. The fund was rated the top performing Sukuk Fund in 2012…
Dubai property prices show second-highest growth in world
Property prices in Dubai rose the second highest globally, registering a 20 per cent increase in 2012, a new global…
Typical Middle Eastern UHNWI is not an oil baron
Wealth-X has released a statistical profile of the average Middle Eastern ultra high net worth individual (UHNWI) based on proprietary…
Qatar eyes $15bn investment in UK
Qatar has begun talks with the UK government to invest up to 10 billion pounds ($14.92 billion) into key infrastructure…