10/25/2012
KSA, UAE, Qatar spur Mideast fund industry - RESEARCH
The regional fund industry is showing greater optimism and confidence in 2012 compared with 2011, Advent Software, Inc. said in its white paper titled “Middle East Fund Survey 2012”.
Alternative Investments
10/21/2012
Al Rajhi Capital takes top honours at Global Investor/ISF Magazine Awards
Al Rajhi Capital, one of the leading asset managers in the Kingdom of Saudi Arabia
10/18/2012
Rare Qatar-Dubai bank notes fetch $290,000
The uncirculated notes all feature the same early serial number, which makes them even rarer, said the auction house.
10/15/2012
Bahraini-Japanese Investment Opportunities explored in Tokyo
The Bahraini delegation comprises the CBB governor Mr. Rasheed Al-Mi'raj, the CEO director for Banking Operations in the CBB Shaikh Salman bin Isa Al Khalifa, and the EDB financial services director Boyd Winton.
10/14/2012
Old Mutual upbeat about its US prospects after asset sale
OLD Mutual’s US-based asset management business has accelerated plans to improve its operating margin following the announcement that it was selling five noncore affiliates for an undisclosed sum, Adrian Cloete, an equity analyst at Cadiz Asset Mana
10/10/2012
ME investors show interest in London property market
The number of UAE investors buying second homes in London continues to increase due to increased connectivity through frequent flights to the United Kingdom's capital and other cities from the emirates.
10/10/2012
AIMA launches Middle East initiative
The Alternative Investment Management Association has announced the launch of a Middle East initiative.
10/09/2012
Bank of Sharjah celebrates cooperation agreement with Commerzbank
Chairman Mr. Al Noman expressed the satisfaction of the board
10/08/2012
Morgan Stanley commodities talks with Qatar hit snag
"There have been some differences, and Qatar is a bit lukewarm about it," one said. "It's not dead yet but definitely not imminent."
10/07/2012
Dubai's Arqaam to buy Libya financial services firm
Al Rashad Finance, founded in February, has received initial approval for a financial services licence in Libya, Arqaam added.
10/04/2012
BLME acquires property for its light industrial building fund
An important milestone has been the addition of £3.6m '$5.7m' of leverage into the Fund from an international financial institution.
10/04/2012
Worldwide investment fund assets increased to EUR 21.4 trillion in Q2 2012
Investment fund assets worldwide increased by 2.7 percent during the second quarter
10/03/2012
Abu Dhabi exiting investment in Daimler
Aabar is a unit of International Petroleum Investment Co. (IPIC).
09/30/2012
Deutsche Bank’s Aram Says Gulf Arab Bond Sales to Remain Strong
Bond sales from the six-nation Gulf Cooperation Council will remain “strong” as companies in these countries seek a substitute for declining lending from European banks, the regional head of Deutsche Bank AG, said.
09/27/2012
Abu Dhabi’s property market awaits the turnaround
New supply keeps prices depressed
09/27/2012
Bahrain Bank Reaches Agreement on Takeover of Leeds Soccer Club
GFH Capital Ltd. has an agreement to lead and arrange the acquisition of Leeds City Holdings, the parent company of the team, according to a filing made with the Bahrain bourse.
09/26/2012
Euroclear Bank expands Cash Clearing relationship with Standard Chartered Bank
The service will provide highly competitive clearing deadlines for Euroclear Bank's clients from more than 90 countries when settling transactions in AED, BHD, OMR, QAR and JOD.
09/26/2012
Saudi-UK partnership marks a new chapter
Mohammed Shawkat, the British Consul General made the announcement at the British Consulate in Jeddah on Monday.
09/24/2012
Societe Generale Securities Services mandated by BankMuscat Asset Management
SGSS offers a comprehensive range of value-added financial services for investment professionals, comprising asset managers, institutional investors, financial intermediaries and corporations.
09/24/2012
EFG Hermes launches first securities brokerage ATMs in Egypt
This first service of its kind in Egypt is an integral component of our overall vision to expand our retail brokerage arm and introduce a superior customer service model that gives our clients the best possible transaction experience.