10/30/2017
Global assets under management to double by 2025 as the world’s population ages, study says
As the world's population starts to live longer, there's one industry set to capitalize on retirement plans.
Wealth & Asset Management
10/26/2017
Four From GCC Rank In Top 500 Billionaires List
Asia Now Has The Most Billionaires In The World
10/25/2017
Saudis Aim To Double Sovereign Wealth To $400 BLN
The PIF Has Made A Series Of High-Profile Investments
10/24/2017
Saudi female banker ties up with fund to deploy $100 billion in kingdom
Nahed Taher has goal of funnelling investments in infrastructure and public private partnership projects
10/15/2017
Saudi Sovereign Wealth Fund Is Said to Hire Real Estate Head
PIF is starting billions of dollars of projects in the kingdom
10/04/2017
Indosuez Wealth Management Group announces the appointment of Sebastian Graewert in Dubai
He spent 14 years with Credit Suisse working in London, Zurich and Dubai
05/31/2016
Abu Dhabi National Takaful Co. announces growth of 51 per cent in net profit for Q1 2016
Abu Dhabi National Takaful Co. PSC announced its financial results for the period ended 31th March 2016.
05/30/2016
Ibdar reports $14.5 million loss for 2015
Ibdar Bank recently concluded its Annual General Meeting (AGM) for the fiscal year 2015 and appointed a new Board of Directors.
05/26/2016
Global reports KWD3.2 million fee revenues, KWD243 thousand net profit in Q1 2016
Global currently manages several funds and portfolios with various strategies and asset classes, most of which have outperformed their benchmarks.
05/26/2016
Jadwa Investment Grows its Core Client Business By 39% in 2015
These results were achieved through a 39 percent growth in the firm's core client business and a 37 percent increase in its client base.
05/23/2016
Bahrain Sovereign Fund Mumtalakat 2015 Net Profit Drops 68.7 Pct
Bahraini sovereign fund Mumtalakat posted a 68.7 percent drop in 2015 net profit on Sunday, as the state-owned investor cited impairment losses for the decline.
05/22/2016
IIB Posts Net Profit Of $0.24 Million
The bank had made a net loss of $15.0m for the fourth quarter of 2015.
05/19/2016
Hapoalim reports 16.5% fall in Q1 profit
Net Profit totaled NIS 674 million
05/18/2016
Gulf Bank posts KD 8.8 mln net profit in Q1 – Total assets up by KD 65 mln to KD 5,459 million
We have achieved these results by continuing our policy of pragmatism and good governance, coordinated by a very capable and committed Board of Directors, and executed by our management team and staff.
05/18/2016
Ezdan's $500m debut Sukuk a huge hit
The transaction, which announced on 3 May 2016, is the first milestone in Ezdan 's $2bn Sukuk programme.
05/16/2016
Ithmaar Bank reports net profit attributable to equity holders of the bank of US$ 1.22 million for the First Quarter of 2016
Net profit attributable to equity holders of the Bank for the first quarter of 2016 was US$1.22 million, which is lower by 54 percent compared to the US$2.64 million profit reported for the same period last year.
05/16/2016
SHUAA Capital reports net loss
SHUAA Capital today announces its Q1 results with an increase in total revenues to AED 45.5 million and a net loss of AED 27.5 million
05/16/2016
ABK Posts Operating Profit Of KD 22.1 MLN In Q1
Al Ahli Bank of Kuwait (ABK) today announced an operating profit of KD 22.1 million for the first quarter of 2016, after a one-off investment loss of KD 2.3 million on investments disposal, compared to KD 21.8 million for the corresponding period in 2015.
05/16/2016
Union Insurance Posts a 40% Increase in Gross Insurance Premium in Q1 2016
Union Insurance posted a gross technical profit in first quarter of 2016 of Dhs25 million compared to Dhs27 million in Q1 2015.
05/16/2016
Kuwait's Gulf Bank Q1 net profit slips 10 pct as bad loans weigh
It attributed the net profit fall to a 14 percent increase in provisions and impairment losses