Qatar Boosts Stake in Tiffany to Amass $700 Million Shareholding
Qatar boosted holdings in Tiffany & Co., the world’s second-largest luxury jewelry retailer, as the country uses its energy wealth…
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Jordan Islamic Bank 2012 net profit rises 29 pct
Jordan Islamic Bank,, a subsidiary of Bahrain-based Al Baraka Banking Corp, reported on Tuesday a 29 percent rise in net…
Strong debt market to boost Qatar's asset management segment
The development of a debt market in Qatar and across the Gulf Cooperation Council countries would strengthen the position of…
Al Salam Bank Bahrain launches 'Mobile' banking service
Al Salam Bank-Bahrain has announced the launch of its new mobile banking service "mobile", adding another unique feature to its…
The National Bank of Abu Dhabi ranked 2nd in Top 10 Companies
The National Bank of Abu Dhabi, the Number One Bank in the UAE, has been ranked second place in "Top…
Credit Suisse investment banking head resigns
Credit Suisse's top investment banker for Qatar has resigned, three banking sources said, in a move that comes as the…
SHUAA wins ‘UAE Equity Fund of the Year’ award
SHUAA Asset Management has been awarded 'UAE Equity Fund of the Year' 2012 for the superior performance of its Emirates…
Dubai sovereign wealth fund in $2 billion refinancing talks
Talks are at an early stage and more detail is expected to emerge in the coming weeks about how the…
HSBC Says Gulf Surge to Drive 2013 Sukuk Record: Islamic Finance
Global Islamic bond sales are set to surpass the 2012 record as Persian Gulf issuers take the lead to tap…
Middle East named among key growth markets for Swiss private banking group
Julius Baer, the Swiss private banking group, announced its full year results, and cited the Middle East region among its…
DFSA Signs Agreement With European Securities and Markets Authority
The Dubai Financial Services Authority has entered into an important agreement with Europe's Securities and Markets Authority. The signing took…
Troubled Bahraini bank Arcapita files reorganisation plan
Bahrain-based Arcapita Bank, the first Gulf company to file for bankruptcy in the United States under Chapter 11 rules, said…