11/08/2014
Arab Bank Receives Two Regional Awards from Prestigious International Publications
Arab Bank received two recognitions recently on the regional level for its trade finance and cash management services.
Alternative Investments
11/06/2014
ME investor snaps up two Manhattan hotels
Both properties opened for business in February last year
11/06/2014
Gulf nations focus on more investments in East Asia
The new investment platform will be funded with $10bn and is targeting investments in China, Singapore and other East Asian countries
11/06/2014
Gulf nations focus on more investments in East Asia
The “East Asia push” of Gulf countries has become more intense this week with a number of announcements made that put the fast-growing region in the focus of investment projects and business expansions.
11/06/2014
Saudi Bank NCB’s $6bn IPO 23 Times Subscribed On Retail Side
The retail portion of the SAR22.5 billion initial share sale by Saudi Arabia’s National Commercial Bank was 23 times subscribed
11/05/2014
Dubai-based investment bank expanding as regional demand grows
The Egyptian asset management market has become an attractive sector that is primed for further growth
11/05/2014
Most investors in the UAE are shifting their investments to equities
Emirates NBD Asset Management says most investors are switching assets for the first time since the 2008 crisis, drawn by the much higher returns offered by equities
11/05/2014
NBK Named Best Foreign Exchange Provider In Kuwait And Middle East
For the second consecutive year, National Bank of Kuwait was recognized as the Best Foreign Exchange Provider in Kuwait and the Middle East 2014 in an exclusive survey compiled by the world renowned financial magazine Global Finance.
11/05/2014
Qatar joins RQFII party with $4.9 billion quota
Petro state Qatar became the first Middle Eastern nation to be awarded RQFII status by Chinese financial regulators, receiving an investment quota of 30 billion RMB
11/05/2014
Friends Provident International launches new and improved Reserve Portfolio Bond for UAE
Friends Provident International has launched a new and improved version of its multiple award-winning Reserve portfolio bond, which has been fully authorised for sale in the United Arab Emirates by the UAE Insurance Authority.
11/05/2014
Commercial Bank of Kuwait cancels KWD 120 million bond
The 10-year bond had been assigned a provisional Long-Term Issue Rating of 'BBB-' by Capital Intelligence with a ‘Stable’ outlook.
11/04/2014
Gulf Region Investment in U.S. Real Estate Surges 51%
Persian Gulf investors from sovereign wealth funds to rich individuals increased spending on U.S. real estate, attracted by the pace of economic growth
11/03/2014
Dubai's expat pension plan now at UAE-level consideration
International Bank for Reconstruction and Development has recommended pension fund for expatriate employees
11/03/2014
In UAE, Tighter Regulations Lead To Real Estate Stabilization
Once the world’s hub of luxury high rise development, the United Arab Emirates city of Dubai has learned the hard way.
11/03/2014
China central bank signs $6 bln currency swap with Qatar
China's central bank has signed a 35 billion yuan currency swap deal with its Qatari counterpart, in a step towards expanding use of the Chinese yuan in a region long dominated by the U.S. dollar.
11/02/2014
Al Hail Holdings complete the 100% acquisition of Habib Exchange
The Company primarily focuses on providing currency exchange and remittance services to expatriate workers in the UAE.
11/02/2014
ADCB Receives Approval from Monetary Authority of Singapore for Representative Office
Singapore is a vital business crossroads of the world
11/02/2014
Dubai Association Centre promotes Dubai as global hub for associations
The roadshows came as part of DAC's efforts to attract international non-profit, professional associations and trade bodies to establish a regional representative office to conduct business in the UAE and beyond and to form a membership-based communi
10/31/2014
Dubai plans tallest twin towers in the world
Dubai’s Emaar Properties has unveiled the master plan for its massive Dubai Creek Harbour scheme, and it includes what the company has said will be the world’s tallest twin towers.
10/30/2014
Next stop for the yuan's global journey: Canada, Middle East
Even as China quickly expands the use of its currency to financial hubs in Asia and Europe this year, bankers are already looking to Canada and Middle East as the next growing regions for their offshore yuan Bunsen's.