03/27/2012
Jawdat Al Halabi said the National Commercial Bank unit, which has 44 billion Saudi riyals (Dh43 billion) in assets under management, will launch the funds in the second half of the year, with two aimed at foreign markets and two domestically focused.
03/27/2012
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 1.61%; with 9 out of 10 strategies in positive territory;
03/26/2012
The e-mail, dated Oct. 28, was sent three days before the company collapsed, the memo says.
03/26/2012
Dar Al Sharia said it will help Bank Sohar to bring authentic Sharia-compliant banking products and services to customers in Oman.
03/26/2012
EFG Hermes Holding S.A.E and QInvest have announced that they have agreed to explore a potential strategic alliance.
03/23/2012
Under an agreement between the two parties, Finance House will acquire CAPM's investment banking and asset management licence, offering a premium of between 5 to 10 percent to the value of those businesses, one of the sources said speaking on conditi
03/23/2012
Declining stocks markets in the U.A.E. in 2011 hurt the Persian Gulf nation’s brokerages, with the number of companies slumping to 48 from 98 at the end of 2008.
03/22/2012
The lender is tapping debt markets for a third time this year to take advantage of better funding costs and liquidity which have allowed three other Gulf borrowers to announce bond plans this week.
03/21/2012
Several Qatari banks may delay or even halt plans to offer brokerage services following a recent directive from Qatar's central bank about the activities they would be allowed to carry out, sources said.
03/21/2012
Creates a unique proposition of opportunity and security for Middle Eastern investors targeting renewable energy and clean technology sectors
03/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
03/16/2012
Arcilla said the Middle East is increasingly on his marketing team's radar due to rising investor interest in fund of hedge fund (FoHF) products there.
03/16/2012
Property stocks weighed on both markets.
03/15/2012
The oil-rich nation began building up shares in the oil giant last summer and now has a stake of more than 2 billion euros, making it one of the company's top five shareholders, said Les Echos.
03/14/2012
Fast-growing markets in the Middle East, Africa and South and Central Asia are attracting insurance players from across Europe to economies with low insurance penetration and in some countries promising demographics.
03/14/2012
Sovereign wealth funds (SWFs) and cash-positive pension funds from Asia and the Middle East are an emerging force behind the high level of global capital currently flowing into the Central London commercial real estate market, according to the latest rese
03/09/2012
Dubai-based Emirates NBD, the largest bank in the United Arab Emirates, is selling $119 million in so-called dim sum bonds, debt securities issued in the Chinese yuan outside of mainland China, primarily Hong Kong.
03/08/2012
The offshore yuan bond, also popularly known as dim sum bonds from Emirates NBD, forms part of the bank's $7.5 billion Medium Term Note Programme.
03/08/2012
The partnership between Knight Frank and ADNP provides NBAD’s client base with direct access to property both inside and outside the UAE, links the capital markets around the world, and gives Knight Frank’s global residential and commercial cl
03/06/2012
A Northern Trust survey of 121 institutions, predominantly pension funds, in Europe, Asia and North America, forms the basis of the white paper entitled, Customized Beta: Changing Perspectives on Passive Investing.