02/06/2018
StanChart prunes coverage, may cut investment banking jobs
Move part of a two-year overhaul at the bank that investors hope will help lender return to higher revenue growth
Alternative Investments
02/06/2018
Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter -sources
Masraf Al Rayan and Amwal declined to comment when contacted by Reuters on Tuesday.
02/06/2018
Omani bourse less affected by global market crash
Rajagopal also said that Omani stock valuations are attractive now, after the market declined in recent months.
02/05/2018
Abraaj Group Denies It Misused Healthcare Funds
We are confident that the exercise being conducted by KPMG
02/01/2018
Kuwait to spend $500bn on oil projects by 2040
Adsani noted that the energy industry faces complex and diverse challenges, but dealing with it professionally focuses on the strategy
02/01/2018
GCC sovereigns prepare funding plans
The kingdom’s economic metrics have improved considerably since 2016
01/31/2018
Global awarded “Best Kuwait Asset Manager” and “Best Saudi Equity Fund”
The MENA Asset Management team was named “Best Kuwait Asset Manager”
01/30/2018
Arcapita appointed as adviser for HSBC Saudi Arabia’s US$150 million GCC fund
The fund primarily targets logistics and warehouse assets in Saudi Arabia and the United Arab Emirates (UAE).
01/30/2018
China's wealth becomes X factor in Dubai realty
These investments and more can make UAE the hub of China's Belt and Road Initiative
01/29/2018
ADIA plans to expand India presence, hire country head
Abu Dhabi Investment Authority, the world’s second largest sovereign wealth fund, may also set up an office in the country
01/28/2018
Al Ahli Holding Group’s CSR Division Launches ‘Women for Business’ Initiative
Addressing the guests, the French ambassador extended words of support and motivation to the Emirati participants and emphasized on strengthening the relationship between France and UAE.
01/28/2018
Al Mal MENA Equity Fund posts strong returns
The company revamped its investment strategies for UAE & Middle East equities to focus more on dynamics behind companies targeted for investments.
01/25/2018
Dubai’s Shuaa Capital in talks to acquire Kuwait’s Amwal
Shuaa previously acquired an 8 per cent stake in the company in July
01/24/2018
Bank of China looks to finance infrastructure projects in Turkey
One of the world's largest financial institutions, it was the first Chinese bank to enter the Turkish market when it established a representative office in Istanbul in 2011
01/24/2018
Citi gets Saudi go-ahead for investment banking business
US lender was among the banks invited to pitch for roles in the stock market listing of Saudi oil company Aramco
01/24/2018
Emaar Development seeks loan for Dubai project
In November last year, Emaar Development completed the biggest IPO in the United Arab Emirates for three years.
01/23/2018
Saudi Arabia Hotel Investment Conference to debut in February 2018
The event hopes to bring together around 300 hotel investors, owners, developers and operators.
01/23/2018
UAE demand for business loans up marginally in Q4 -central bank
More than 30 percent of respondents reported a moderate tightening of credit standards during the latest quarter while around 60 percent reported no change.
01/23/2018
Biggest US state fund to invest in Middle East via Abu Dhabi-based fund
Alaska Permanent Corporation Fund to seed Middle East, Africa and South Asia McKinley fund
01/23/2018
Ibdar Bank to arrange $1 billion Sukuk issuance
Bahrain-based wholesale Islamic Investment bank, Ibdar Bank, has been mandated to arrange a Sukuk programme of $1 billion, as well as an international rating for the programme.