Software without the technology headaches
CHAPTER 1 - SOFTWARE WITHOUT THE TECHNOLOGY HEADACHES! The industry is buzzing with new technology; and with new technology…
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BofA Ditches the Middle Class
Three sources familiar with Bank of America Merill Lynch said the company has put its wealth management units outside the…
Tamweel takes a hit as earnings fall due to litigation provision
Tamweel's earnings fell by a third as the company was forced to set aside Dh21.5 million (US$5.8m) to cover the…
New tax amnesty expected to boost foreign portfolio investments
The Turkish government expects to boost hot money inflow to Turkey with a newly announced annulment of a tax on…
bfinance adds to Munich team in hiring spree
Institutional investment consultant bfinance has made a senior hire to its Munich team, one of the addition of three senior…
Saudi Oil-Led Growth Lures StanChart as Barclays Targets Wealthy
Standard Chartered and Barclays are expanding in Saudi Arabia as oil above $100 a barrel and record bond sales bolster…
NBK posts $292 mln net profit
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net profits of…
Nakheel profit surges 33%
Property developer Nakheel posted a net profit of Dh1.3 billion for the financial year ending December 31, 2011 reflecting an…
Qatar sovereign fund to buy hotels in Sardinia
Qatar Holding, the investment arm of the gas-rich Gulf nation’s sovereign wealth fund, is set to unveil a deal in…
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.05% in March
The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 0.05% for the month of March. Performance…
UAE bank profits set to soar in 2012
After enduring three consecutive years of asset impairments and rising provisions which ate into profits, most UAE banks see a…
Arab National Bank punished for results
Disappointed investors sold shares in Arab National Bank (ANB) Sunday after first-quarter profit at the lender based in Saudi Arabia…