Robust portfolio returns drive up Mubadala income
The Abu Dhabi government-owned Mubadala Development Company, which makes strategic investments on behalf of the government, said yesterday its total…
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Standard Chartered 'is committed to Bahrain'
Standard Chartered Bank remains committed to expanding its core markets, including Bahrain and the Middle East. That was the message…
Gulf better prepared for looming global crisis
Meeting early this month, Gulf finance ministers insisted their economies could cope comfortably with the looming global slump. During the…
Wealthy Indian expats in UAE capitalise on falling rupee
Wealthy Indian migrants are flocking to money exchanges to take advantage of the continued decline of the Indian rupee against…
Lombard Odier boosts advisory team in Dubai
Independent Swiss private bank Lombard Odier increases advisory team in Dubai with the appointment of Sameh Temraz An experienced investment…
Credit Agricole CIB Says Will Operate Middle-East M&A from Paris
Credit Agricole CIB, the corporate- and investment-banking unit of France’s third largest bank, will guide Gulf-region clients on mergers and…
Dubai's Tamweel plans up to $500 mln sukuk in Q4
Islamic mortgage lender Tamweel , whose shares resumed trading in May, will issue a $300-$500 million sukuk, or Islamic bond,…
Islamic investment grows to over $1.5 trillion said Al Baker
compliant products globally stands at over $1.5 trillion. These include equities that conform with Islamic principles, sukuk and Islamic funds,…
Man Group to manage ENBD fund
Emirates NBD Asset Management and Man Group yesterday announced a tie-up through which the hedge fund firm will manage one…
HSBC Qatar introduces Global View and Global Transfer facilities in Qatari market
HSBC Bank Middle East Limited re-emphasizes the convenience of utilizing the Global View and Global Transfer facilities introduced to Premier…
Chinese banking giant enters Pakistan
The Chinese banking giant, Industrial and Commercial Bank of China (ICBC) has started its operations in Pakistan. The State Bank…
Emirates NBD plans to expand in Asia Pacific
Emirates NBD, the largest bank by assets in the UAE, is considering opening representative offices in China and a number…