Turkey may sell 24 pct of Halkbank in secondary offering
Turkey's Privatisation Administration may sell a 24 percent stake in Halkbank through a secondary public offering (SPO) within six months,…
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BNP Paribas boosts real estate team
Lucie Bordelais Charneau has joined BNP Paribas Real Estate in the investment management business line reporting to David Aubin. She…
Gold seen luring wealthy
More so-called high-net-worth individuals are seeking to buy gold to protect their wealth from the risk of inflation after central…
HSBC names head of EMEA credit research
HSBC Holdings said it named Lior Jassur to replace Ben Ashby as head of credit research for Europe, the Middle…
Ridge Islamic Capital announces official launch of its activities in Egypt
Ridge Islamic Capital, the first company in Egypt specialized in offering full-fledged modern Sharia-compliant investment banking; asset management; and wealth…
Nomura Said to Cut Third of Dubai Investment Bank Jobs
Nomura Holdings is cutting a third of its investment banking jobs in Dubai as Japan’s largest brokerage seeks to…
Wealth-X Launches In The Middle East
Wealth-X officially launched in the Middle East on 19 September 2012 at the Park Hyatt Hotel, Dubai. Guests…
Middle East millionaires get wealthier: $1 trillion and counting
The size of the millionaire population in the Middle East rose 2.7 per cent to 450,000, and wealth edged…
NBQ wins appeal against Global Investment House
National Bank of Umm Al Qaiwain sent a filing to Abu Dhabi Securities Exchange, reporting that Dubai Court of…
Turkish İs Bankası to buy bank in Azerbaijan
Turkish İs Bankası intends to acquire a bank in Azerbaijan, as country's central bank denied it permission to open…
Turkey embraces Islamic finance with sovereign sukuk
Turkey's issue of its first sovereign sukuk this week paves the way for Turkish companies to raise money through Islamic…
Doha Bank May Raise $1.4 Billion From Share Sale
Doha Bank QSC, Qatar’s fourth- biggest by assets, may raise as much as 5.81 billion riyals ($1.6 billion) from selling…