11/23/2013
Kuwait Pledges $2 Billion in Low-Interest Loans and Investments to African
The two-day summit in Kuwait is exploring ways to promote economic ties between the Arab world, which includes wealthy Gulf states, and investment-thirsty Africa.
Alternative Investments
11/23/2013
Advisers still servicing few wealthy clients
CAPM Investment was incorporated in September 2007 as a private joint stock company registered in the Emirate of Abu Dhabi with a capital of Dh55 million ($1.97 million), licensed and regulated by the UAE Central Bank with operations covering the Mena reg
11/22/2013
UAE signs customs cooperation agreement with Armenia at sidelines of ECF
The agreement was signed by Khalid Ali Al Bustani, FCA Acting Director General and Gagik Khachatryan, SRC Director General for the UAE and Armenian sides respectively.
11/17/2013
Noor Islamic Bank, DMCC Offers UAE gold bullion coins investment
Noor Islamic Bank has rolled out sales of the UAE gold bullion coins for retail buyers in denominations of one, half, quarter and one/tenth ounce in 99.99 per cent purity
11/17/2013
UAE bank offers gold bullion coins as profitable and safe investment option for clients
Noor’s initiative to offer bullion coins and bars comes in response to the vast demand for the precious metal in the UAE
11/16/2013
AB Invest Named Best Brokerage House in Jordan
AB Invest received this prestigious award for its level of service and excellence
11/16/2013
Arqaam Capital Eyes Two New Fund Launches
Arqaam Capital’s asset management business is focused on Frontier and Emerging markets.
11/16/2013
Dubai’s Amlak expected to resume trading in 2014
Dubai’s indebted mortgage lender Amlak Finance is expected to resume trading during the first half of 2014 after its shares were suspended for five years
11/13/2013
Sahara to sell iconic London and New York hotels
The embattled Sahara Group has put up for sale the iconic luxury hotels it acquired over the last three years
11/13/2013
ADIB Securities named UAE's best broker
The Global Investor/ISF editorial panel in partnership with regional industry experts selected the winners based on various criteria, including trade volumes, growth and market share.
11/12/2013
Kuwait Finance House Q3 Net Profit Up 17%, Beats Estimates
KFH achieves net profit of KD 89.1 mln up to the end of Q3 2013, an increase of 17% Earnings per share increase 12% to 25.54 fils
11/12/2013
HSBC launches AED1bn international growth fund
Fund open to new and existing international SME customers with cross border trading requirements and annual turnover of 30 million dirhams and above
11/12/2013
Shuaa Capital reports consecutive profit rise for first time since global financial crisis
The investment bank has not had an annual profit gain since 2008.
11/10/2013
Waha Capital’s Third-quarter Net Profit Jumps 289 per cent
The Abu Dhabi-based firm plans to invest about Dh500 million in health care and education in the UAE over the next five years.
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.
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.