Barclays Wealth appoints new Head of Middle East and North Africa
Barclays Wealth has announced the appointment of Rory Gilbert as Managing Director, Head of Middle East and North Africa for…
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Lombard Odier strengthens UAE presence
Lombard Odier, one of the largest Swiss independent private banks by managed assets and Geneva's oldest, is expanding its…
Sovereign wealth funds to keep MENA M&A ticking, says HSBC chief
Increased appetite from sovereign funds and restructuring-driven asset sales will help drive a modest recovery in mergers and acquisitions (M&A)…
Scotland turns to Middle East to drive renewables investment
The Scottish government is set to target Middle East sovereign wealth funds as one of the main sources of investment…
Islamic fund assets grew 7.6% last year
Islamic fund assets under management (AuM) grew by 7.6 per cent to $58 billion (Dh213 billion) in 2010, up from…
Financial rivalry to boost asset industry
Rising competition among financial centres such as Dubai and Doha should help to develop the Gulf's US$50 billion (Dh183.65bn) asset…
GCC Sovereign Wealth Funds monitor European opportunities
The eurozone is in crisis, and many expect that Middle East money will be used to help bail out struggling…
Bahrain plans $1bn sovereign Islamic bond
Bahrain is planning to issue a $1 billion sovereign Islamic bond and has mandated three banks for the proposed sale,…
Tamweel disputes to be moved into Dubai courts system
Disputes involving Tamweel, an Islamic home finance company based in Dubai, are being shifted to the emirate's courts and away…
Dubai reforms laws to boost SMEs
The Government is planning an overhaul of codes governing small businesses in an effort to aid entrepreneurs in setting up…
Kuwait Finance House eyes Indonesia
Kuwait Finance House (Malaysia) Bhd (KFH) is keen on expanding in Indonesia to tap Islamic banking opportunities in the world's…
Abu Dhabi's UNB selects banks for potential bond
Five banks have been selected for a potential bond issue by Abu Dhabi lender Union National Bank, with roadshows due…