GCC banks can beat their chests, but must be wary
Executives at major GCC banks have every right to feel slightly smug as European lenders grapple with the euro-zone crisis,…
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Long-term investors are quietly putting money into India
India has gone from the country set to overtake China to the country that can do nothing right. Now, a…
Mounting bill to pay off expats
Countries across the Arabian Gulf will face a bill of as much as US$75 billion (Dh275.49bn) to cover end-of-service payments…
3 Islamic investment banks in Bahrain plan merger
Three Islamic investment banks in Bahrain said Sunday they have agreed to merge to better compete in a fragmented market.…
Alkhabeer Capital to launch extensive investment programme worth US$400 million
Alkhabeer Capital, the Jeddah-based boutique investment and asset management firm, announced that is currently planning a US$400 million (SAR1.472 billion)…
Global investors snap up big chunks of Gulf bond issues
Investors from outside the Gulf have muscled in on two big bond issues from the region, taking very high portions…
Bank Nizwa sees first profit in 2014
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, expects to post its first…
Islamic Finance Set To Reach US$5 Trillion By 2016
The global Islamic finance and banking sector is pegged at US$1 trillion with an estimated growth rate that is four…
Global investment banking fee income falls 25%
Global investment banks’ fee income dropped by about 25 percent in the second quarter, reaching its lowest level since early…
Gemini looks to Middle East and N Africa
Gemini Asset Management is launching a Middle East and North Africa credit fund in partnership with the National Bank of…
StanChart working on 4 sukuks in Gulf
Standard Chartered bank is arranging up to four sukuks in the Gulf region, said a senior official. Afaq Khan, CEO…
UAE Exchange inaugurates 600th global branch
"600th door of convenience is now open for our customers!", exclaimed Mr.Y. Sudhir Kumar Shetty, COO – Global Operations, UAE…