11/03/2013
Saxo Bank addresses challenges facing emerging fund managers at Dubai seminar
The seminar underlines Saxo Bank 's pioneering support for emerging hedge funds and start-ups which, until now, have been underrated and underinvested.
Alternative Investments
10/30/2013
Dubai Investments PJSC reports 98% increase in Q3 profit
The assets and liabilities have been restated following deconsolidation of the joint ventures pursuant to application of change in accounting standards but there is no impact on either the profitability or net worth of the Group.
10/29/2013
Templeton Emerging Markets looks to invest more in Egypt
Templeton Emerging Markets Group is looking to increase its equities investment in Egypt because it thinks the political environment will stabilize and the government is committed to repairing the economy
10/28/2013
Credit Suisse sees Qatar fund in emerging markets push
My feeling is that there will not be a major change in Qatar's economic policy and investment strategy
10/26/2013
HSBC Supports Local SMEs with EGP 300m Fund
HSBC, one of the largest multinational banks operating in Egypt, launched a EGP 300m International Growth Fund in Egypt on Sunday
10/26/2013
Study: UAE financial advisory business is in full growth mode
The UAE financial adviser study, conducted by the Durable Portfolio Construction Research Centre of Natixis Global Asset Management concludes that the UAE is one of the strongest markets for advisers globally.
10/26/2013
Middle East demand for contemporary art on the rise
Christie’s highest valued lot has a base price of between $3 and $4 million
10/25/2013
Dubai property: Bubble fears played down by Goldman Sachs’ renewed interest
Goldman Sachs’ renewed interest in the UAE’s equity markets and Dubai property stocks is creating a buzz.
10/25/2013
Al Omaniya posts RO 4m profit for Q3
The company made a profit after tax of RO 4063K as compared to RO 3693K in the same period last year, resulting in a growth of 10.02 per cent.
10/22/2013
Oman Shuns Hedge Funds as Sovereign Investor Targets Equities
Sovereign funds in the six-nation Gulf Cooperation Council, such as the Abu Dhabi Investment Authority
10/19/2013
Dubai Investments’ pioneering models across diversified sectors achieve strong growth
DI has registered fast-paced growth across four focus industry sectors
10/19/2013
Falcon Insurance Signs Deal With Bank Muscat
Falcon Insurance Company and bank muscat have signed an agreement to provide life insurance cover to all customers availing consumer loans from the flagship financial services provider in the sultanate.
10/16/2013
Generali Redefines Regions, Adds Two
Italian insurer Generali has added Latin America and EMEA as regions as its redefines its geographical structure
10/13/2013
New Finance Head joins Citi EMEA
Harvey will report to Mark Harrison, Billy Macaluso and Andres Recoder.
10/13/2013
Standard Chartered picks up UAE mandate
Standard Chartered has picked up a custody and fund administration mandate with Al Mal Capital
10/12/2013
Private equity firms in Arabian Gulf eye Egypt acquisitions
The most populous country in North Africa, Egypt was rocked by civil uprisings in January 2011 that toppled the president Hosni Mubarak after three decades of authoritarian rule.
10/09/2013
Alibaba's takeover of Tianhong to reshape online finance
This will make Tianhong the country's largest fund management company in terms of registered capital, surpassing that of China Asset Management Co., currently the largest with registered capital of 238 million yuan.
10/06/2013
Zurich Int’l Life splits banking distribution channels in Middle East
Zurich International Life in the Middle East has split its bank distribution division
10/03/2013
Private Banking Special: Arnaud Leclercq, Lombard Odier
Lombard Odier plans to increase its assets in the Middle East to 20 per cent of its global business by the end of 2017.
10/01/2013
UAE investors look east as growth of developed economies slows, HSBC says
Retail investors in the UAE are increasingly looking to Asian markets to park their cash.